Ecuador Accelerates its Decarbonization with New Policies

Carbon Platform Ecuador congratulates Ecuador’s decision to establish a legal framework that promotes public and private initiatives through high-integrity carbon markets.

We are an organization that fosters collaboration and knowledge exchange to support the development of a robust carbon market that contributes to Ecuador’s sustainable development goals, mobilizing large-scale climate financing to accelerate national decarbonization and enabling access to high-integrity markets that value and require the reduction of greenhouse gas (GHG) emissions.

We applaud the recent decision by Ecuador’s National Assembly, which opens the door to private financing, a crucial step in attracting investments that will drive the country’s transition toward decarbonization while ensuring long-term environmental and social benefits.

Ensuring the high integrity of carbon markets means guaranteeing transparency, accountability, and equity in the way carbon credits are generated, traded, and used. This protects our vast biodiversity, respects the rights of indigenous peoples and nationalities, and ensures that financial benefits are shared equitably with local communities. Success will be secured with regulations that promote this high integrity and adhere to the highest existing standards.

Likewise, we commend the leadership and commitment of the current administration of the Ministry of Environment, Water, and Ecological Transition in this process and those to come, for the development of secondary regulations that will enable the achievements made through the reform of the Organic Environmental Code.

Spokespersons:
Rodrigo Dueñas: Telf. 096 756 7546
Verónica Arias: Telf. 099 944 2002

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