Through Resolution 47/2026, the Ministry of Environment and Sustainable Development (“Mades”) established the creation of the National Registry of Mitigation Projects (the “Registry”), introducing a mandatory registration requirement for projects that intend to generate or have generated carbon credits in Paraguay.

This Registry constitutes a provisional record that would enable Mades to collect, organize, and validate information regarding mitigation projects. Resolution 47/2026 further provides that registration in this Registry would allow for subsequent registration in the National Carbon Credit Registry established under Law 7190/2023 on Carbon Credits.

Key points to consider include:

(i) Projects already submitted to a standard administrator must be registered by March 15;

(ii) Future projects must register before initiating the certification process with the relevant standard administrator;

(iii) The official registration fee amounts to 150 minimum daily wages (≈USD 2.6k);

(iv) Any fundamental modification to a project must also be reported;

(v) Failure to comply with the indicated deadlines may result in the initiation of administrative proceedings against the infringing party, potentially leading to warnings, disqualification, or fines.

Mades considers that the creation of the National Registry of Mitigation Projects represents a step forward toward the awaited implementation of Law on Carbon Credits.