{"id":21949,"date":"2018-01-10T14:19:03","date_gmt":"2018-01-10T19:19:03","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=21949"},"modified":"2018-01-10T14:19:03","modified_gmt":"2018-01-10T19:19:03","slug":"panama-environmental-legacy-worlds-key-canal","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-environmental-legacy-worlds-key-canal\/","title":{"rendered":"Panama: the environmental legacy of the world\u2019s key canal"},"content":{"rendered":"

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As part of its Environmental Recognition Program, the Panama Canal recently unveiled a new carbon calculator to centralize emissions data and incentivize the industry to reduce its carbon footprint. Patrick Kingsland asks Alexis Rodriguez, environmental specialist at the Panama Canal, about the technology and the importance of taking a sustainable approach to shipping.<\/p>\n

Some call it the \u201cbig ditch\u201d, others one of mankind\u2019s \u201cgreatest ever\u00a0feats of engineering\u201d. Either way, when it opened on 15 August 1914, the 80km waterway known as the Panama Canal quickly changed the face of the international economy, providing a bridge that united trade between the Atlantic and Pacific oceans for the first time.<\/p>\n

Today, more than 100 years later, it remains just as important. Every day, between 35 to 40 ships pass through the canal, making it one of the busiest waterways in the maritime world and critical to the economy of Panama.<\/p>\n

But it also faces at least one major challenge: climate change. As the world warms, extreme weather conditions are leading to periods of flood and drought that threaten the very water supply the canal requires to function.<\/p>\n

The 2016 El Ni\u00f1o weather system offered a glimpse into the disruption that may come. After a drought in the canal\u2019s watershed, the Panama Canal\u00a0Authority (ACP) was forced to issue temporary depth restrictions, which affected approximately 20% of the vessels transiting through.<\/p>\n

\u201cWe depend directly on the environment and weather systems,\u201d says Alexis Rodriguez, environmental specialist at the ACP. \u201cAt this stage we realize just how big an effort we have to put in.\u201d<\/p>\n

The trouble in 2016 came at an important time for the ACP: the opening of a third lock to cater for larger ships in a much greater quantity. The\u00a0$5.25bn extension, which has since doubled\u00a0the canal\u2019s capacity, was first proposed by former Panamanian President\u00a0Mart\u00edn Torrijos<\/a> in 2006.<\/p>\n

Conscious of climate change, however, the extension created a dilemma for the ACP, according to Rodriguez. \u201cWe were talking about raising the capacity of the canal with bigger vessels but at the same time wanting to lower emissions,\u201d he says. \u201cAchieving both was complicated.\u201d<\/p>\n

But a year into operations, Rodriguez says the expanded canal has actually helped cut emissions. As well as offering the existing shortcut, the canal\u2019s wider lane means vessels can transit through with more cargo, meaning fewer overall movements and fewer CO2<\/sub> emissions.<\/p>\n

\u201cWith the expanded canal, we saw an opportunity for bigger vessels to use the shorter route and thereby reduce emissions,\u201d Rodriguez explains. \u201cIt is a good example of how different measures taken by sectors or industries, like ports and canals, can encourage customers and give them opportunities to improve their commitments to the environment.\u201d<\/p>\n

Calculating emissions<\/h2>\n

Another key initiative recently introduced by the ACP is an Emissions Calculator, which provides shippers with a tool to assess their carbon emissions when transiting through the canal, as well as other routes. The tool uses data including the origin and destination of the ship and the volume of the cargo, to pick the route that has the lowest level of emissions.<\/p>\n

\u201cWe\u2019re rewarding those who make conscious efforts to reduce greenhouse gas emissions.\u201d<\/div>\n

\u201cThe idea is to give our customers information about how much CO2<\/sub> they would emit using the Panama Canal compared to other routes,\u201d says Rodriguez. \u201cWhat, for example, is the difference between a vessel using the Panama Canal from Asia to the East Coast, instead of using, say, the Cape of Good Hope, or other routes by train or truck.\u201d<\/p>\n

The scheme is voluntary but Rodriguez says it has been well received by the shipping industry. \u201cWe have had good feedback from our big customers,\u201d he says. \u201cCompanies want to be involved in these issues, they want their cargo to have less emissions and this information will help them achieve that.\u201d<\/p>\n

While a unified approach to environmental sustainability does not yet exist in the shipping industry, the International Maritime Organization (IMO) is currently working on a global emissions strategy, and Rodriguez hopes that data from the Emissions Calculator scheme will help influence the content of that agreement.<\/p>\n

\u201cIn a few years, when they make a final decision at the IMO, this is something that they will take into account,\u201d he says.<\/p>\n

Can the Panama Canal become 100% carbon neutral?<\/h2>\n

The Emissions Calculator is just one of a number of programmes the ACP has introduced in the past few years. In November 2016, the canal announced a new Environmental Premium Ranking Initiative \u2013 part of its wider Green Connection Environmental Recognition Program \u2013 that rewards customers that meet high environmental efficiency standards.<\/p>\n

\u201cWith the addition of the Environmental Premium Ranking to our Recognition Program, we\u2019re rewarding those who make conscious efforts to reduce greenhouse gas emissions and invest in technology that will make shipping even more efficient,\u201d said Panama Canal CEO Jorge L. Quijano at the time.<\/p>\n

Put together, the ACP hopes its new schemes will help the canal move closer to its ultimate goal: becoming a fully \u2018carbon neutral\u2019 entity.<\/p>\n

\u201cIt\u2019s complicated but we can do it,\u201d says Rodriguez. \u201cWe aren\u2019t just talking about being carbon neutral on paper. We are changing our operations and systems to become more efficient.\u201d
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    As part of its Environmental Recognition Program, the Panama Canal recently unveiled a new carbon calculator to centralize<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-21949","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nPanama: the environmental legacy of the 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