The Panama Canal Authority and Monjasa, a global marine fuel supplier, have entered a five-year cooperation agreement to enhance community initiatives within the Panama Canal Watershed (CHCP). This partnership aims to implement projects focused on environmental protection, education, culture, and community development, all aligned with the United Nations Sustainable Development Goals (SDGs).
The agreement was formalized by Ilya Espino de Marotta, Deputy Administrator of the Panama Canal, and Rasmus Jacobsen, Managing Director of Monjasa Americas. It establishes a strategic alliance to design and execute projects that encompass the three pillars of sustainability: environmental, social, and governance.
Key initiatives will also address decarbonization and emissions reduction, aligning with the International Maritime Organization’s objectives. The collaboration will integrate ESG criteria and sustainable practices, alongside volunteer programs to enhance community engagement and well-being in the region.
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