Environmental impact is an urgent issue, and, as noted in the Jan. 26 editorial, “A dry Panama Canal shows what’s ahead — everywhere,” the Panama Canal has been affected, as have other water routes, including the Rhine, Amazon and Mississippi rivers.
We continue to invest in long-term solutions. Together with the U.S. Army Corps of Engineers, we confirmed that alternatives within the Panama Canal’s jurisdiction are not sufficient to meet growing demand for water. Instead, we’ve identified a set of projects, including ones outside the canal’s domain, that require that the government define and extend the limits of our watershed.
We have an opportunity to shape a more sustainable ecosystem for global trade. That is why in our five-year investment program of more than $8.5 billion we consider sustainability at the core.
The Panama Canal famously is not one to shy away from engineering challenges. We remain confident in our ability to safeguard our route for years to come.