OECD recommends increasing carbon tax rate in Colombia, tighten offsetting, regulate biodiversity credits

Published 00:30 on January 29, 2026 / Last updated at 00:30 on January 29, 2026 / / Americas (LATAM & Caribbean), Nature & Biodiversity (Policy), Nature-based Carbon (Forestry, Other NbS)

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To achieve the goal of reducing emissions by 51% by 2030, Colombia needs to promote fiscal reform to increase the price of carbon and reduce harmful subsidies, as well as increase the government's involvement in voluntary and compliance-led biodiversity credits, according to a new OECD report.
To achieve the goal of reducing emissions by 51% by 2030, Colombia needs to promote fiscal reform to increase the price of carbon and reduce harmful subsidies, as well as increase the government's involvement in voluntary and compliance-led biodiversity credits, according to a new OECD report.


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