Lineamientos para la construcción de una hoja de ruta para un sector financiero climáticamente inteligente

The policy brief argues that Colombia's current climate-financial governance is limited to acute physical risks and the redirection of capital, leaving a gap in the management of chronic physical and transition risks. It proposes a roadmap based on the Helsinki Principles and international best practices from countries like China and Chile to integrate climate risks into the mandates of the Ministry of Finance and Credit and the Financial Superintendence of Colombia. The proposed roadmap consists of four components: institutional coordination, climate risk management, financial instruments and markets, and monitoring mechanisms.

• Colombia's current climate-financial governance focuses primarily on acute physical risks and the redirection of capital toward mitigation and adaptation, failing to explicitly incorporate chronic physical risks and transition risks into its regulatory framework.
• There is a disconnect between the national climate policy and the actions of the Financial Superintendence of Colombia (SFC); while the SFC has voluntarily adopted TCFD standards and is developing an ESG taxonomy, these actions are not mandated by the Ministry of Finance and Credit (MHCP).
• The document proposes a roadmap structured around four main components: institutional evaluation and coordination, climate risk management, financial instruments and markets, and monitoring and update instruments.
• To strengthen risk management, the report recommends creating a comprehensive framework for monitoring climate risks that defines technical, accounting, and reporting criteria for prudential supervision.
• The proposed roadmap suggests innovating financial instruments through the promotion of green credits, the creation of a green securities market via a unified sustainable investment taxonomy, and the establishment of emission rights certification and pricing.
• The conceptual basis for the roadmap is derived from the Helsinki Principles adopted by the Coalition of Ministers for Climate Action (CMAC), specifically Principle Five, which focuses on developing a financial system that supports climate mitigation and adaptation.

APA

Transforma (n.d.). Lineamientos para la construcción de una hoja de ruta para un sector financiero climáticamente inteligente. https://transforma.global/wp-content/uploads/2025/05/201128-Informe-de-politica-N2.pdf

Chicago

Transforma. Lineamientos para la construcción de una hoja de ruta para un sector financiero climáticamente inteligente. n.d. https://transforma.global/wp-content/uploads/2025/05/201128-Informe-de-politica-N2.pdf.

Wikipedia

{{cite report |author=Transforma |title=Lineamientos para la construcción de una hoja de ruta para un sector financiero climáticamente inteligente |url=https://transforma.global/wp-content/uploads/2025/05/201128-Informe-de-politica-N2.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{transformandlineamientos, author = {{Transforma}}, title = {{Lineamientos para la construcción de una hoja de ruta para un sector financiero climáticamente inteligente}}, institution = {Transforma}, url = {https://transforma.global/wp-content/uploads/2025/05/201128-Informe-de-politica-N2.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }