The Ministry of Environment and Sustainable Development of Colombia has launched the Carbon Neutral Colombia strategy, which seeks to promotes the efforts of the public and private sectors and of civil society in reducing greenhouse gas (GHG) emissions with the aim of reaching carbon neutrality by 2050. Private companies having committed to cut their emissions include the oil and gas groups Repsol and Omega Energy, and the power transmission, road and telecommunication group ISA.
Colombia's CO2 emissions from energy combustion increased by 55% (around 6%/year) between 2008 and 2016. After a sharp decrease of 14% in 2017 due to the industry and power sectors, they increased again rapidly in 2018 and 2019 by around 5%/year to 83 MtCO2.
In November 2020, the country updated its Nationally Determined Contribution (NDC). Colombia aims to reduce its greenhouse gas (GHG) emissions by 51% in 2030. The country plans to strengthen actions for energy transition, clean mobility and fight against deforestation. In its first NDC, the country pledged to cut GHG emissions by at least 20% in 2030 compared to a BAU scenario, a target that could have been raised to 25% or 30% with financial backing from the international community.
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