Monday, December 6

Panama signs declaration on management and conservation of the Eastern Tropical Pacific marine corridor – – Financial News from Panama

The President of the Republic Laurentino Cortizo together with his counterparts Iván Luque from Colombia, Carlos Alvarado from Costa Rica and Guillermo Lasso from Ecuador signed the Declaration for the Conservation and Management of Ecosystems Covered in the Eastern Pacific Marine Corridor Migravías Cocos-Galapagos-Malpelo-Coiba.

The signing of this valuable document for the marine ecosystems of this Pacific region occurs on the occasion of the Twenty-sixth Conference of the Parties to the United Nations Convention on Climate Change (COP26) held in the Scottish city of Glasgow.

As part of the explanatory memorandum, The Declaration establishes that the goal known as 30 × 30 encourages the protection of 30% of the global land and sea surface by 2030 as a way to face the environmental, climate and biodiversity crisis in an integrated way, an achievement achieved by Panama in June 2021.

To this has been added the announcement of the 30 × 30 made by Ecuador, Costa Rica and Colombia during the current COP 26 and that has given rise to this valuable initiative that will allow these four countries to implement measures to achieve 30 × 30 in this region of the planet.

During his participation, the Panamanian president highlighted: “When you have an activity like this it gives the world hope, for Panama it is an honor and a privilege to accompany our countries brothers like Colombia, Costa Rica and Ecuador in an alliance of this nature ”.

How much is protected?
The Eastern Tropical Pacific Ocean (OPTO), the segment of the Pacific Ocean that extends along the Central American coast, from southern Mexico to northern Peru; considered one of the most productive in the world; while the Marine Corridor of the Eastern Tropical Pacific (CMAR) is the marine section that connects five islands in four countries: Isla del Coco in Costa Rica, Isla Coiba in Panama, the Gorgona and Mal Pelo islands in Colombia and the Galapagos in Ecuador, created in 2004 through the Declaration of San José-Costa Rica.

This corridor is home to exceptional biodiversity, endemism and concentration of species, including important migratory species that sustain fishery production and tourism throughout its extension.

The member countries have established joint governmental regional strategies supported by civil society, international cooperation organizations and non-governmental, to ensure the governance of a Network of Marine Protected Areas, which shows important signs of ecological connectivity between its islands.

Since its creation, CMAR has been viewed as a regional initiative for conservation and sustainable use, which seeks the proper management of biodiversity and marine resources and coastal areas in marine protected areas and zones of influence that constitute the “core areas” of the initiative.

For the execution of this event, the Ministers of the Environment of the four member countries: Panama, Ecuador, Colombia and Costa Rica, made a short presentation on the activities that are being carried out to counteract the effects of climate change in the countries that make up the CMAR, and later a discussion will begin where the moderator will introduce different queries and comments on the initiatives that are being carried out in the Runner. Finally, the space will be opened so that attendees can ask the exhibitors questions.