Strengthening of the Collegiate Body on Climate Finance and Enhancement of the Country Programming Process in Colombia
Summary
The proposal outlines an 18-month project to enhance Colombia's climate finance management. Key objectives include updating the Country Programme to better reflect national priorities, establishing a regular participatory review process, and refining the 'no-objection' procedure for funding proposals. The project also aims to develop a Gender Action Plan for climate finance, align Direct Access Entities with the Country Programme, and update the National Climate Finance Strategy. Implementation will be led by Fondo Acción, with a steering committee comprising the National Planning Department, Ministry of Finance and Public Credit, and Ministry of Environment and Sustainable Development.
Key insights
- The proposal identifies three primary challenges in updating the Country Programme: the need for a participative process involving private sector and subnational agencies, the absence of a regular reviewing and updating procedure, and the need to align the 'no-objection' procedure with updated national priorities.
- The project will develop a Gender Action Plan for climate finance to address gender inequality, the invisibility of women's roles in mitigation and adaptation, low participation of women in decision-making, and to provide guidelines for mainstreaming gender throughout the project cycle.
- The proposed budget of USD 299,881 includes USD 258,800 for total outcome budget, USD 15,000 for contingency, and USD 19,410 for project management costs, with a delivery partner fee of USD 6,671.
- The project aims to strengthen institutional coordination by establishing a mechanism between the National Designated Authority (NDA) and the National Designated Entity (NDE) for the UNFCCC Technology Mechanism and other climate finance focal points.
- The implementation will be managed by a Steering Committee consisting of representatives from the National Planning Department (DNP), Ministry of Finance and Public Credit (MHCP), and Ministry of Environment and Sustainable Development (MADS), with Fondo Acción serving as the Technical Secretariat and Delivery Partner.
- The proposal builds upon previous GCF readiness support, including a project by the Colombian Presidential Agency of International Cooperation (APC) focused on NDA and Collegiate Body capacities, and other grants awarded to Findeter, Bancóldex, and Fondo Acción.
Cite the original document
- APA
- Green Climate Fund (2019). Strengthening of the Collegiate Body on Climate Finance and Enhancement of the Country Programming Process in Colombia. https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-colombia-fondo-accion-nda-strengthening-country-programming.pdf
- Chicago
- Green Climate Fund. Strengthening of the Collegiate Body on Climate Finance and Enhancement of the Country Programming Process in Colombia. 2019. https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-colombia-fondo-accion-nda-strengthening-country-programming.pdf.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=Strengthening of the Collegiate Body on Climate Finance and Enhancement of the Country Programming Process in Colombia |date=31 October 2019 |url=https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-colombia-fondo-accion-nda-strengthening-country-programming.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefund2019strengthening, author = {{Green Climate Fund}}, title = {{Strengthening of the Collegiate Body on Climate Finance and Enhancement of the Country Programming Process in Colombia}}, institution = {Green Climate Fund}, year = {2019}, month = oct, url = {https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-colombia-fondo-accion-nda-strengthening-country-programming.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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