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Climate Change and Carbon Market Initiatives Act, 2022 (No. 15 of 2022).

País/Territorio
Bahamas
Tipo de documento
Legislación
Fecha
2022
Fuente
FAO, FAOLEX
Fuente original
Official Gazette dated 20 May 2022.
Título completo
An Act to give effect to the Paris Agreement, to aid in the global response to the threat of climate change and to create and implement initiatives to offset carbon emissions.
Materia
Medio ambiente gen.
Palabra clave
Calidad del aire/contaminación del aire Legislación básica Certificación Cambio climático Cumplimiento/aplicación Contrato/acuerdo Negocios/industria/corporaciones Recopilación de datos/informes Emisiones Comercio de emisiones EIA Planificación ambiental Normas sobre calidad ambiental Subvención/incentivo Monitoreo Principio de cautela Protección del medio ambiente Institución Registro Control de la contaminación Política/planificación Normas
Área geográphica
Americas, Caribe, América Latina y el Caribe, Atlántico Norte, Pequeños estados insulares en desarrollo
Entry into force notes
This Act shall come into force on such date as appointed by the Minister by Notice in the Gazette.
Resumen

This Act lays down rules (a) to enable the Government to create incentives and implement initiatives to support the overall global target of greenhouse gas emissions reduction consistent with its Nationally Determined Contributions; (b) to ensure compliance by The Bahamas of its obligations under the Paris Agreement, taking into consideration the common but differentiated responsibilities, respective capabilities and flexibility provisions acknowledged under the UNFCCC for small island developing states to address climate change; and (c) to enable the establishment of a market in The Bahamas to trade in carbon credits. This Act shall apply to carbon credits in respect of anything done in, on, above or below the land and airspace of The Bahamas, including its internal waters, territorial waters and exclusive economic zone; the seabed and subsoil underlying these waters; its continental, coastal and marine ecosystems and related water; and its forests, and such carbon credits are deemed for the purposes of this Act to be the property of The Bahamas.

Texto completo
Inglés
Página web
laws.bahamas.gov.bs