News and AnalysIs for

Trafigura Group and GenZero announced a major expansion of the Brújula Verde nature-based carbon removal project in Colombia, with an investment of over US$100M.

A few weeks ago, we attended a meeting of the Colombo-Canadian Chamber of Commerce’s Mining and Energy Committee, which was held in the offices of Dentons Cardenas & Cardenas. The topic concerned changes to Colombia’s environmental sanctioning law and while the industry hopes never to have to confront a sanctionable situation, it is important to understand the penalties and how they might be assessed. We asked Maria Margarita Lorduy, Head of the Environmental Law Department at Dentons Cardenas & Cardenas to provide our readers with a brief overview.

The title caught my eye instantly in Carbon Tracker’s monthly newsletter so I quickly downloaded the report and signed up for the associated webinar. I also quickly found the analysis focused exclusively on the UK and some very specific conditions but it got me thinking about Carbon Capture Usage and Storage and Colombia.

The Director General of the National Authority of Environmental Licenses (ANLA), Rodrigo Negrete Montes, talked about the sanctions for environmental damages in the last year.

At the Latin American Youth Climate Conference hosted in Bogotá this year, Colombia’s Minister of Environment and Sustainable Development (MinAmbiente), Susana Muhamad, reaffirmed Colombia’s commitment to the proposals it will present at the United Nations Climate Change Conference (COP28) in Dubai.

The Colombian Ministry of Environment and Sustainable Development (MinAmbiente), led by Minister Susana Muhamad, is taking proactive steps to ensure transparency and citizen participation in the election process of directors for the Regional Autonomous Corporations (CAR).

This rather succinct but perhaps unpleasant phrase came from an unidentified French cabinet minister, quoted in a The Telegraph article on Great Britain’s broken infrastructure planning process. It seems Colombia’s peers also have great problems with prior consultation and no good solutions.

Last year, we guess BP tired of doing the industry’s statistical gathering for free. Whatever the reason, it spun out the division doing this work and the Energy Institute took over creating and publishing the Statistical Review of World Energy Data.

The world will need the extraction of minerals to advance in the transition to renewable energy sources, generating a challenge to the mining sector.

National business newspaper Portafolio recently interviewed National Environmental Licensing Agency head Rodrigo Negrete to understand his plans for the institution. He talked about having more rigor, decentralizing and alluded to formally including community feedback in the licensing process.