These figures highlight the economic benefits of making climate investments in this period, but they are ambitious targets that require a country's commitment. From an environmental point of view, Panama will achieve a reduction in total emissions from the country's energy sector of at least 24% by 2050 and at least 11.5% by 2030, compared to the BAU scenario, which represents an estimated 60 million tonnes of CO2 equivalents accumulated between 2022-2050 and up to 10 million tonnes of CO2 equivalents accumulated between 2022-2030. It is important to stress that ETS 2020-2030 is an instrument that will require international support to break down barriers to fossil fuels, the transfer of climate technologies and capacity building.