ALLCOT participated in the event ‘Current status of the Colombian carbon market and expectations for 2019’

Alexis L. Leroy, CEO and founder of ALLCOT Group, attended the event ‘Current status of the Colombian carbon market and expectations for 2019’, organized by USAID and where Asocarbono was launched, of which ALLCOT is a founding member.

In the event, several topics were discussed that focused mainly on these points: ¬†demonstrating the great potential offered by the Colombian carbon market to Colombia’s green growth; promoting a continuous improvement of the regulatory and institutional framework of the Colombian carbon market and stimulating participation in the market by bidders, demanders, investors and market makers.

Also the participants discussed about how to achieve the promise of reducing greenhouse gas emissions by 20% with respect to projected emissions by 2030.

With respect to Colombia’s carbon market, it was stated that it is necessary to create incentives for its better development, since demand exceeds supply. In addition, the opportunities of this carbon market were highlighted.

The event was attended by representatives of the Ministry of Environment and Sustainable Development, the DIAN, representatives of the productive and financial associations, project developers, certification and accreditation entities and private sector companies interested in the Colombian carbon market.



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