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News & Analysis

Colombia: Environmental management of chemical substances for industrial use

06 August 2024 by Posse Herrera Ruiz - Colombia

Through the issuance of Decree 1630 of 2021, a chapter related to the conditions and requirements for the environmental management of chemical substances for industrial use (SQUI) was added to Decree 1076 of 2015. The above, in order to clearly articulate the particularities of the management and identification of the risks associated with its use and elimination.
News & Analysis

Colombia: How will the labor outlook change with the transition toward a sustainable economy?

06 August 2024 by Posse Herrera Ruiz - Colombia

As companies and governments adopt greener and more responsible practices, there is a need to transform traditional sectors and create new green jobs. This change not only responds to the urgent need to mitigate environmental impact but also represents an opportunity to revitalize the labor market with innovations that promote sustainable development.
News & Analysis

Colombia: New indigenous environmental authority?

06 August 2024 by Posse Herrera Ruiz - Colombia

On June 6, the draft decree was announced “by which the standards required for the functioning of indigenous territories in environmental matters and the development of the environmental powers of the indigenous authorities and their effective coordination with the others are established.” authorities and/or entities” (“PD”), agreed between the Ministry of Environment and Sustainable
News & Analysis

Colombia: Quarterly Investment Outlook Q2 2024

06 August 2024 by Posse Herrera Ruiz - Colombia

The day after the health reform proposal sank in the Senate’s 7th Committee, the Ministry of Health and the Superintendency surprisingly produced a new version, signed by the major insurers (the EPS) and the two business associations representing them (ACEMI and Gestarsalud), which basically stated they were going to re-submit a reform Act to Congress come August, but this time with the full support of the EPS. This outcome was disturbing to the critics of such reform.
News & Analysis

Colombia: Technology advances faster than the law and we need to have clearer rules

06 August 2024 by Posse Herrera Ruiz - Colombia

Gabriel Sánchez, partner of Posse Herrera Ruiz, in addition to pointing out the competitive advantages that the implementation of new technologies brings, highlighted that legislation in Colombia fails to keep pace