NDC Invest: Supporting NDC Development in Latin America and the Caribbean: Suriname

Peer Reviewed icon Peer Reviewed
Date issued
October 2020
Subject
Climate Change;
Climate Change Adaptation;
Environmental Policy;
Energy Efficiency;
Climate Change Mitigation;
Climate Finance;
Nationally Determined Contribution;
Investment Platform
JEL code
Q01 - Sustainable Development;
Q54 - Climate • Natural Disasters and Their Management • Global Warming;
Q48 - Government Policy;
F53 - International Agreements and Observance • International Organizations;
J18 - Public Policy;
Q20 - Renewable Resources and Conservation: General;
Q40 - Energy: General;
Q28 - Government Policy
Country
Suriname
Category
Catalogs and Brochures
In December 2019, Suriname became the second country in the world to submit the update of its Nationally Determined Contributions (NDC) to the Paris Agreement of the United Nations Framework Convention on Climate Change (UNFCCC). Despite being a country with a negative balance of emissions resulting from its 93% of forest cover, Suriname increased its ambition by including two additional sectors (agriculture, and transportation). These sectors represent 70% of the country's GHG emissions. In addition, the country reaffirmed its commitment to maintain its forest cover and to increase the incorporation of renewable energies by 10% compared to the first version of the NDC. The process of updating the NDCs in Suriname was supported at all times by the IDB's NDC Invest platform.