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

This policy brief by Transforma (CCADI) provides guidelines for creating a roadmap to develop a climate-smart financial sector in Colombia. It argues that while Colombia has addressed acute physical risks and the redirection of capital toward mitigation, it lacks a systemic governance framework to manage chronic physical risks and transition risks. The document proposes a four-component framework—institutional coordination, risk management, financial instruments, and monitoring—to align the financial sector with Colombia's 2050 carbon neutrality goal.

• Colombia's current climate-financial governance is limited because it focuses primarily on acute physical risks and the redirection of capital, failing to explicitly incorporate chronic physical risks and transition risks into its regulatory framework.
• There is a governance gap between the National Climate Change Policy and the actions of the Superintendencia Financiera de Colombia (SFC); while the former is limited in scope, the SFC has voluntarily adopted a broader approach that includes the full spectrum of climate risks and TCFD disclosure standards.
• The document proposes a roadmap for a climate-smart financial sector structured around four main components: institutional evaluation and coordination, climate risk management, financial instruments and markets, and monitoring and update instruments.
• To strengthen the financial system, the report recommends that the Ministry of Finance and Public Credit (MHCP) define its competence to explicitly address climate-related financial risks through new regulations, rather than relying on voluntary initiatives.
• The proposed roadmap suggests specific financial innovations, including the creation of a unified sustainable investment taxonomy, the development of green indices, and the establishment of a certification process for emission rights to enable carbon financial instruments like forwards and options.
• The guidelines for the roadmap are based on the Helsinki Principles adopted by the Coalition of Finance Ministers for Climate Action (CMAC) and international best practices from Bangladesh, Chile, China, and Indonesia.

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} }