Principales prioridades y brechas de inversión nacional para una Transición Justa en Colombia

The document identifies a significant financing gap for Colombia's climate goals and argues that a Just Transition requires dedicated investment in labor retraining, social protection, and regional diversification. It analyzes the current distribution of climate finance—dominated by public resources (67%)—and suggests leveraging innovative tools like sovereign green bonds and carbon tax revenues to ensure stability and equity in the transition.

• Colombia faces a substantial financing gap for its climate goals, with an estimated 80% shortfall to meet the mitigation and adaptation targets set in its updated Nationally Determined Contribution (NDC).
• Between 2016 and 2021, public resources were the primary source of climate finance in Colombia, accounting for 67% of the total, followed by international sources (25%) and the private sector (8%).
• Public climate funding is primarily directed toward adaptation (48%), with the environmental sector receiving the largest share (41%), while sectors critical to a Just Transition, such as agriculture and transport, each received only 7%.
• The 2023 national budget of USD 84.2 billion is not fully aligned with Just Transition planning; sectors like agriculture, planning, and environment received less than 1% of the budget, and there were budget reductions of nearly 30% for Social Prosperity and Planning compared to 2022.
• The Colombian private banking sector's green portfolio grew to USD 2.9 billion in 2020, a 20% increase over 2019, though these products are not necessarily inclusive or targeted at vulnerable communities.
• Colombia's carbon tax generated USD 433.2 million between 2017 and 2021 and helped reduce over 104 million tons of CO2eq, though some revenue was lost due to overestimated emission reductions in offset projects.
• Sovereign green bonds are identified as a viable tool for a Just Transition; in 2021, the Ministry of Finance issued two such bonds totaling USD 310 million, which saw demand 4.6 times higher than the offered amount.

APA

García, H. (2023). Principales prioridades y brechas de inversión nacional para una Transición Justa en Colombia. Climate Strategies. https://climatestrategies.org/wp-content/uploads/2023/08/CS_S2S_Finance-Brief_Colombia_Spanish_02.pdf

Chicago

García, Helena. Principales prioridades y brechas de inversión nacional para una Transición Justa en Colombia. Climate Strategies, 2023. https://climatestrategies.org/wp-content/uploads/2023/08/CS_S2S_Finance-Brief_Colombia_Spanish_02.pdf.

Wikipedia

{{cite report |last1=García |first1=Helena |title=Principales prioridades y brechas de inversión nacional para una Transición Justa en Colombia |publisher=Climate Strategies |date=March 2023 |url=https://climatestrategies.org/wp-content/uploads/2023/08/CS_S2S_Finance-Brief_Colombia_Spanish_02.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{garca2023principales, author = {García, Helena}, title = {{Principales prioridades y brechas de inversión nacional para una Transición Justa en Colombia}}, institution = {Climate Strategies}, year = {2023}, month = mar, url = {https://climatestrategies.org/wp-content/uploads/2023/08/CS_S2S_Finance-Brief_Colombia_Spanish_02.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }