Paraguay
National Law on Climate Change no. 5875
The law further mandates the creation of a number of institutions: 1) the National Commission on Climate Change as an multi institutional body in charge of setting up and updating the country's policy strategies, 2) a National Directorate on Climate Change as the executive body in charge of applying climate change policies, and 3) the Climate Change Fund that will be under managed by the executive's Environment Secretariat (Seam). More broadly, the Secretariat will oversee public and private funds directed towards mitigation and adaptation.
The Decree no. 14.943/01, implementing the National Climate Change Program, will be updated in accordance with the new law.