New York.- The executive vice president of the National Council for Climate Change and Carbon Market, Max Puig, announced that the Dominican Republic has exceeded the emissions reduction target financed with public and private funds set for 2030 at the 2025 Climate Summit of the United Nations.
The official emphasized that this achievement demonstrates the country's ability to mobilize internal resources, integrate climate action into national planning and budgeting, and generate confidence in private investment. "We do not see climate action as an expense, but as an investment in our future," he pointed out. Regarding the new Nationally Determined Contribution (NDC 3.0) of the Dominican Republic, which will be presented at COP30, Puig explained that "a potential reduction of almost 10 million tons of CO₂ equivalent has been identified, with an estimated investment exceeding 9.3 billion dollars; we can mobilize internal financing but we need support and cooperation to reach our full potential.""We understand our shared but differentiated responsibility, which is why, in 2020, we committed to reduce our emissions by 27% by 2030. Barely 7% of that goal was to be covered with internal resources. However, with national effort we have already achieved a reduction of 11%, which means we have exceeded by more than 50% the self-assigned goal, without waiting for external financing to achieve it and in half the time," he affirmed.








