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Consideration of accreditation proposals – Addendum II Accreditation assessment of APL125
The GCF Accreditation Panel recommends the accreditation of Bancóldex, a Colombian state-owned development bank, as a national direct access entity. The bank is recommended for a 'medium' project size category (USD 50 million to USD 250 million) and a 'medium' environmental and social risk category (B/I-2). While Bancóldex demonstrated strong fiduciary capacities in project management, grant allocation, and on-lending, the panel identified gaps in whistleblower protection, gender policy, E&S information disclosure, and grievance redress mechanisms. These gaps are framed as conditions for accreditation to be met either before the master agreement becomes effective or before the first funding proposal is submitted.
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Document type: Report
Advance the mobilization of climate finance in Colombia’s AFOLU sector through Direct Access Entity support and implementation of the country’s green taxonomy for the agriculture and forestry sectors
The document outlines a readiness project to bridge the financial gap in Colombia's AFOLU sector, which accounted for 58% of national GHG emissions in 2020. The project focuses on three main barriers: Finagro's limited capacity to operationalize its Environmental and Social Management System (ESMS) and Gender policies, the lack of capacity among first-tier financial intermediaries to implement GCF investments, and the low adoption of the national green taxonomy. Key activities include developing operation manuals for Finagro, training Bancamia staff on risk analysis and green investment, and designing two new financial products aligned with the green taxonomy. The project is implemented by the Global Green Growth Institute (GGGI) over an 18-month period.
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Document type: Report
Carbón y transiciones justas en el Caribe colombiano
The document analyzes the socio-economic and political challenges of transitioning away from thermal coal in the Colombian Caribbean. It highlights the tension between national economic reliance on coal exports and the local need for socio-ecological transformation. The paper identifies significant barriers, including high regional fiscal dependence on royalties, environmental liabilities from unplanned mine closures, and a centralized power structure that often excludes local communities from decision-making. Using the case of La Jagua de Ibirico, it illustrates the crisis triggered by abrupt mining suspensions, emphasizing the urgency of planned closures and economic diversification to avoid systemic collapse in coal-dependent municipalities.
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Document type: Research paper
National Dialogue on Key National Priorities for Just Transitions in Colombia
The report details a National Dialogue held in Bogotá on August 30, 2024, involving 22 participants from the public sector, private sector, academia, civil society, and international organisations. The dialogue identified four primary barriers to a just energy transition in Colombia: a lack of clear definitions for the transition, inconsistent public policy, weak institutions and regulations, and inadequate social participation mechanisms. While Colombia has a robust regulatory framework, including Law 1715 and CONPES documents, stakeholders emphasized the need for evidence-based policy design, improved territorial engagement, and new incentives for private sector investment in renewable energy. The report concludes by aligning these stakeholder needs with the Colombian government's official JTWP priorities and offering recommendations to the UNFCCC to broaden the JTWP's scope, enhance financial support, and improve accountability.
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Document type: Report
Navigating a just energy transition from coal in the Colombian Caribbean
The document examines the challenges of transitioning away from thermal coal in Colombia's Caribbean region, highlighting the tension between national decarbonization goals and regional economic dependence. It identifies diverse visions of a 'just transition'—ranging from narrow workforce support to broad socio-ecological transformation—and analyzes the economic, environmental, and sociocultural barriers that hinder progress. Using the case of Prodeco's mine closures in Cesar, the paper illustrates the risks of unplanned transitions and the influence of political-economic elites in maintaining extractive models.
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Document type: Research paper
Sustainable Asset Valuation of a Bus Rapid Transit System in Bandung, Indonesia
The SAVi assessment of a proposed 27.4 km BRT system in Bandung, Indonesia, demonstrates that the project is highly profitable from macroeconomic and societal perspectives, despite being economically unviable under conventional financial analysis. While a traditional benefit-cost ratio (BCR) is low (0.27 to 0.28), the sustainable BCR (S-BCR), which includes non-tangible social and environmental benefits, ranges from 6.67 to 7.67. The largest benefits are derived from the value of time saved and increased retail revenues. The report concludes that the project's societal benefits significantly outweigh its investment costs, providing a strong case for sustainable mobility investment in the city.
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Document type: Report
ESTADO DEL MERCADO DE LAS FINANZAS SOSTENIBLES EN COLOMBIA 2022
The report provides a comprehensive overview of Colombia's sustainable debt market, which reached USD 2.4 billion by the end of 2022. It details the dominance of green bonds, the emergence of sustainability-linked bonds, and the role of the Colombian Green Taxonomy in guiding investments. The document also examines the country's climate vulnerability, the policy framework for adaptation and resilience, and specific opportunities across economic sectors such as energy, transport, and construction to support a low-carbon transition.
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Document type: Report
COLOMBIA SUSTAINABLE FINANCE STATE OF THE MARKET 2022
As of the end of 2022, Colombia's GSS+ debt market totaled USD 2.4 billion, with green bonds being the most prominent segment at USD 1.3 billion. The market is characterized by a strong sovereign presence and a growing regulatory framework, including the pioneering Colombian Green Taxonomy. While the market is primarily domestic, there is significant potential for growth in hard-to-abate sectors through sustainability-linked bonds and in nature-based solutions for climate adaptation. The report recommends scaling sovereign issuance, establishing green securitization facilities, and expanding the taxonomy to include biodiversity and circular economy objectives.
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Document type: Report
The SEI Urban Toolbox for Liveable Cities
The SEI Urban Toolbox for Liveable Cities is a living digital resource hosted on the weADAPT platform, designed to gather SEI-developed tools for city officials, residents, and community groups. Developed through a four-phase co-design process involving internal reviews and workshops with stakeholders in Thailand, Kenya, Uganda, Rwanda, Zambia, and Colombia, the toolbox focuses on improving environmental conditions, health, and well-being. Key findings from stakeholder workshops emphasized a strong demand for tools that foster citizen science, participatory mapping, and open data access to inform decision-making. The toolbox organizes resources into four main domains: residents' wellbeing, neighbourhood conditions, environmental quality and ecosystem services, and cross-cutting issues.
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Document type: Briefing
Caja de herramientas para ayudar a los responsables de la formulación de políticas públicas en el diseño conjunto de compromisos y estrategias de transición justa
The document outlines a framework for a Just Transition (TJ) in Colombia, emphasizing the need to manage the shift toward a low-carbon economy without exacerbating existing social inequalities. It identifies the mining and fossil fuel sectors as the most vulnerable due to their significant contribution to exports and employment. The guide recommends strengthening governance through a dedicated TJ Committee, improving social dialogue, reforming the labor market to address high informality, and diversifying regional economies. It also highlights the necessity of mobilizing financial resources to close the funding gap for Colombia's Nationally Determined Contributions (NDC).
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Document type: Guide
Toolkit to support policymakers in the process of co-designing just transition commitments and strategies
The document outlines a strategy for Colombia to manage its transition to a low-carbon economy while addressing high levels of poverty, inequality, and labor informality. It identifies the mining and fossil fuel sectors as the most vulnerable, representing 71% of exports and 500,000 formal jobs. The toolkit recommends establishing a Just Transition Committee within the Intersectoral Commission for Climate Change, enhancing social dialogue, and reforming the labor market to support workers' mobility and reskilling. It emphasizes the need for economic diversification in fossil-fuel-dependent regions and the mobilization of financial resources to close a funding gap estimated at 1.04% of GDP annually to meet NDC objectives.
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Document type: Guide
ACTUALIZACIÓN REGIMEN ESPECIAL AÑO 2023
Fundación WRI Colombia submitted a request for its 2023 special tax regime update, reporting its mission to protect the environment and sustain natural resources. The entity reported receiving 3,749,179,091 pesos in donations and spending 765,537,756 pesos on salary payments to governing bodies.
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Document type: Statement
Environmental and social safeguards reportform pursuant to para. 17 of the IDP Basic project or programme information
The document is a safeguards report form for the CSICAP project in Colombia, managed by the Corporación Andina de Fomento (CAF). It confirms that the project is classified as Environmental and Social Safeguards (ESS) Category B and lists the disclosure dates and links for the Environmental and Social Management Framework (ESMF), Gender Assessment (GA), and Gender Action Plan (GAP).
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Document type: Report
Mapping Attitudes, Perceptions and Support (MAPS) Dataset Technical Appendix
The MAPS survey's first wave collected data from 12,052 respondents across 16 regions in Colombia known as PDETs. The data collection was split into two segments: Segment 1 (January 2019) in Arauca and Tolima, and Segment 2 (October-November 2019) across the remaining 14 regions. The survey utilized a multi-stage sampling process focusing on municipal capitals (cabeceras) and condensed rural settlements (centros poblados), while excluding rural dispersed populations. To ensure representativity, the authors developed unified sample weights (FEX CALIB TOTAL) and post-stratification weights (FEX CALIB POST) to harmonize the different sampling schemes used by the two survey firms involved.
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Document type: Report
The State of Cities Climate Finance
The 2021 State of Cities Climate Finance report finds that annual urban climate finance averaged USD 384 billion in 2017/2018, which is significantly lower than the estimated annual need of USD 4.5 to 5.4 trillion. Investment is heavily concentrated in OECD countries and China, leaving developing regions like Sub-Saharan Africa and South Asia severely underfunded. The report emphasizes a critical gap in adaptation and resilience finance, which accounts for less than 10% of urban climate finance. To bridge this gap, the report recommends strengthening municipal finance capacities, aligning city and national climate policies, and utilizing innovative financial instruments like blended finance and green procurement.
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Document type: Executive summary
The Road to Sustainable Transport
The document argues that transport is a critical driver of development but a major source of emissions, accounting for 23% of energy-related CO2. It defines sustainable transport as safe, affordable, and efficient mobility that minimizes environmental impacts. The report details the evolution of international policy from the 1972 Stockholm Conference to the Sustainable Development Goals, and provides examples of successful interventions, such as Jakarta's BRT system and various cities' shifts toward active mobility (cycling and walking). It specifically notes the COVID-19 pandemic as a catalyst for structural changes in urban transit, though it warns that 30 major economies continue to provide significant subsidies to fossil fuels over clean energy.
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Document type: Report
Seven Transformations for More Equitable and Sustainable Cities
The report argues that a significant 'urban services divide' exists in the global South, where over 1.2 billion people lack reliable access to housing, water, sanitation, energy, and transport. This divide creates a cycle of poverty and environmental degradation. To break this cycle, the authors propose seven transformations: prioritizing the vulnerable in infrastructure design, partnering with alternative service providers, improving local data through community engagement, supporting informal workers, innovating financing and subsidies, promoting transparent land management, and creating diverse governance coalitions. The report emphasizes that these shifts can yield cascading economic and environmental benefits, including reduced GHG emissions and improved public health.
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Document type: Report
Solidarité internationaliste pour condamner les violences systématiques à l’encontre du peuple colombien
Friends of the Earth International denounces the escalation of systematic violence in Colombia, specifically targeting peasants, indigenous peoples, Afro-descendant communities, and women. The statement highlights the failure of the Ivan Duque administration to protect these groups or uphold the 2016 peace agreements, noting a surge in massacres and targeted killings of local leaders and former FARC-EP members during 2020.
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Document type: Statement
Internationalist solidarity to condemn systematic violence against the Colombian people
Friends of the Earth International denounces a surge of systematic violence in Colombia as of November 2020, reporting over 280 murders in 73 massacres. The statement highlights the targeting of peasants, indigenous peoples, and Afro-descendant communities, and criticizes the government of Ivan Duque for its failure to protect grassroots leaders and its reluctance to implement the 2016 peace agreements with FARC-EP. It calls for independent international investigations and the cessation of violence by state institutions and paramilitary groups.
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Document type: Statement
Solidaridad Internacionalista con el pueblo colombiano y repudio a la violencia sistemática en su contra
Friends of the Earth International denounces a surge of systematic violence in Colombia, reporting over 280 deaths in 73 massacres by November 2020. The statement highlights the targeting of peasant, indigenous, and Afro-descendant communities, the failure of the Iván Duque government to protect leaders, and the lack of progress in implementing the 2016 peace agreements with FARC-EP. It calls for international investigation and the cessation of violence by state forces and paramilitaries.
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Document type: Statement