Colombia’s Environment Ministry has presented a draft decree to regulate the carbon credit market. The initiative aims to strengthen the country’s climate action efforts and ensure carbon markets support national goals. The proposed regulations will provide a framework for the issuance, trading, and oversight of carbon credits within Colombia. This move seeks to attract investment in environmental projects and incentivize emissions reductions. Officials hope the decree will clarify ambiguities and establish clear rules for both public and private sector participation. The regulations are expected to contribute to Colombia’s commitments under international climate agreements. Further details of the decree are available on La Silla Vacía.