The analysis will take into account both public and private investments in mitigation and adaptation measures, and will be integrated into the country's budget analysis policy.
The taxes will be imposed on companies whose activities pollute water, soil or air, as well as those that dispose of their waste in public and private landfills.
The government will invest over US$20mn to rebuild health centers, houses, government buildings and irrigation canals.
President Sebastián Piñera said that the government has earmarked over US$91mn to rebuild damaged infrastructure in three regions.
According to the president and the director of water authority Conagua, operations at the power plant will not cause water scarcity in the area where it was built.
The work is part of the first phase of the country's US$640mn Panamá Oeste sanitation program, which is an extension of the US$2bn Panama Bay clean-up program.