Report of the Carbon Markets Expert Commission

Commission results The Study Commission for the Promotion and Development of Carbon Markets in Colombia -CEMCO2- was created by the Congress of the Republic through Article 20 of Law 2169 of 2023, with the purpose of generating recommendations to the national government regarding the regulation of such markets and the reorganization of the organizational structure […]
Economic effects of future droughts in Colombia: Estimation based on the 2015 El Niño phenomenon.

This paper quantifies the impact of future droughts in Colombia by calculating the economic costs for the country of the El Niño phenomenon that occurred in 2015. In particular, this paper estimates the effects that a decrease in water resources-product of a climate variability event such as El Niño-has on economic sectors, and values the […]