Asunción, Agencia IP.- Following the regulation of the carbon credit market, Paraguay has already secured investments exceeding USD 10 million in the Chaco region and is currently expanding certification processes over more than 400,000 hectares, the Government reported on Wednesday.
The President of the Republic, Santiago Peña, held a working meeting today with the Minister of Environment and Sustainable Development, Rolando de Barros, to review progress, challenges, and priorities of the environmental agenda, with an emphasis on sustainable development and positioning Paraguay as a hub for green business.
During the meeting, the minister reaffirmed the importance of consolidating the carbon market by ensuring the traceability, quality, and transparency of certificates, as a key tool for attracting investment and strengthening the green economy.
He also highlighted the coordinated work with binational entities such as Itaipu and Yacyretá to strengthen Paraguay’s environmental capital, adding value to natural resources and positioning the country as a sustainable business hub capable of attracting investment in clean energy, including solar and photovoltaic plants and green hydrogen.
Another topic addressed during the meeting was the strengthening of protected wild areas, which cover 2.4 million hectares under State administration. In this context, progress was made in infrastructure, logistics, research, and communications, with the aim of consolidating these areas as spaces for conservation, research, and recreation.
The meeting reaffirmed the Government of Paraguay’s commitment to integrating environmental protection with economic development, promoting sustainable investments, responsible growth, and opportunities for future generations.