Oportunidades para fortalecer los esquemas de gestión de riesgo climático en los bancos de desarrollo nacionales

The document argues that Colombian national development banks, specifically Finagro and Findeter, have a significant opportunity to incorporate climate risk and stranded asset analysis into their existing financial management frameworks. While current regulations from the Superintendencia Financiera de Colombia (SFC) require asset valuation and risk management, they do not explicitly mandate the inclusion of climate variables. The report highlights that in the Global South, stranded assets can extend beyond the energy sector to include agriculture, road infrastructure, and construction. Case studies of Finagro and Findeter reveal that while both comply with SFC standards and report low credit risk, they do not publicly detail how climate-related risks or potential stranded assets are identified or managed, creating a gap in their long-term financial sustainability planning.

• Stranded assets occur when a sudden change in financial determinants leaves an asset with almost no flexibility to adapt, leading to a partial or total loss of return on investment.
• While global literature focuses on stranded assets in the energy sector (coal, oil, gas), in the Global South, these risks extend to other sectors such as road infrastructure, agriculture, and construction.
• Colombian financial regulations, specifically those from the Superintendencia Financiera de Colombia (SFC), provide a framework for asset valuation and risk management that could be used to identify climate-related stranded assets, although such analysis is not currently required.
• National development banks (Instituciones Oficiales Especiales - IOE) hold significant financial weight in Colombia; as of August 2020, they managed approximately 89 trillion pesos, representing 4% of the total assets of the Colombian financial sector.
• An analysis of Finagro and Findeter shows that both entities follow SFC methodologies for credit and market risk, but neither provides public details on the identification or management of climate-related stranded assets within their portfolios.
• Finagro's use of agricultural insurance (ISA) helps manage short-term extreme weather events, but the report suggests these are insufficient for managing long-term stranded asset risks unless they have horizons exceeding five to ten years.

APA

Transforma (n.d.). Oportunidades para fortalecer los esquemas de gestión de riesgo climático en los bancos de desarrollo nacionales. https://transforma.global/wp-content/uploads/2025/05/201228-Informe-de-politica-n3.pdf

Chicago

Transforma. Oportunidades para fortalecer los esquemas de gestión de riesgo climático en los bancos de desarrollo nacionales. n.d. https://transforma.global/wp-content/uploads/2025/05/201228-Informe-de-politica-n3.pdf.

Wikipedia

{{cite report |author=Transforma |title=Oportunidades para fortalecer los esquemas de gestión de riesgo climático en los bancos de desarrollo nacionales |url=https://transforma.global/wp-content/uploads/2025/05/201228-Informe-de-politica-n3.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{transformandoportunidades, author = {{Transforma}}, title = {{Oportunidades para fortalecer los esquemas de gestión de riesgo climático en los bancos de desarrollo nacionales}}, institution = {Transforma}, url = {https://transforma.global/wp-content/uploads/2025/05/201228-Informe-de-politica-n3.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }