The Colombian productive sector is committed to the fight against Climate Change.

By: Fabiola Suárez Sanz, directora de la Corporación Ambiental Empresarial – CAEM

2015 went down in history as the year in which 196 countries pledged to adopt measures to mitigate the effects of climate change. As part of this joint effort, Colombia pledged to reduce its greenhouse gas (GHG) emissions by 20% by 2030. Today, four years after the signing of the Paris Agreement, Colombia has a more conscious productive sector of its environmental responsibility and that implements concrete actions that contribute to the construction of a sustainable development model.

Recognizing the fundamental role of the industry in mitigating climate change, the Corporación Ambiental Empresarial – CAEM, a subsidiary of the Chamber of Commerce of Bogotá, developed a program that has sought since its creation to significantly reduce emissions of pollutant gases and that, to in turn, it has stimulated the country’s productivity. Under this context, NAMA Industria: Productive Processes emerged, a project that has supported Colombian companies in the implementation of energy efficiency practices to increase the competitiveness of the industrial sector.
To date, 230 companies have entered the project and have implemented good energy practices and technology conversion projects in their production processes. As a result, 32,899 tons of CO2 have ceased to be emitted, a figure that would have caused damage to the atmosphere for more than 7 million dollars, according to the estimates made by Stanford University on the social cost of carbon, in case If issued. In addition to reducing the environmental impact on their operations, companies have found in the NAMA Industry project a way to reduce their production costs by making better use of energy resources.

The project that has the support of the Ministry of Environment and Sustainable Development, the United Nations Development Program, the Global Fund for the Environment, the Regional Autonomous Corporation of Cundinamarca and the Colombia Productiva MinComercio program, has not only generated tangible results in terms of GHG reduction, but it has been a proof that public-private articulation, together with the accompaniment of national and international actors, is the necessary and adequate synergy for environmental commitments to reach the territories and have real effects on current weather conditions.

These efforts have been socialized in important international spaces that support the countries subscribing to the Paris Agreements so that they reach their national goals in reducing GHG emissions. NAMA Industria has been presented as a success story in business missions to France, Germany, Spain and in the First EUROCLIMA + peer dialogue in Chile; the latter being one of the most important cooperation spaces in Latin America to involve the private sector in the reduction of Nationally Determined Contributions (NDC).

The goal of NAMA Industry is to reduce at least 55,000 tons of carbon dioxide emissions in the 230 industries by 2030, which will represent a great advance for the country in its Sustainable Development Goals and will contribute to achieving the GHG reduction commitment by part of Colombia, which was ratified by the President of the Republic at the Climate Action Summit that took place on September 23 in New York. So far, the progress made by the industrial sector through the project demonstrates an important contribution to mitigate the climate crisis through strategies that in turn increase the productivity and competitiveness of its businesses.

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