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121 documents from Transforma
Política de Tratamiento de Datos Personales
The policy defines the legal framework, principles, and specific purposes for processing the personal data of employees, providers, clients, beneficiaries, and event participants. It details the rights of data subjects, the procedures for handling queries and claims, and the technical and organizational security measures implemented to protect sensitive information.
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Document type: Report
Política de Tecnología
The Transforma Technology Policy outlines the organization's approach to hardware and software provision, emphasizing a Bring Your Own Device (BYOD) model for mobile and portable equipment. It defines the responsibilities of the Operations area in managing access to tools like Google Workspace and Zoom, and sets strict security and maintenance standards for both organizational and personal devices used for work.
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Document type: Guide
Reforma para la salida de subsidios ineficientes de combustibles fósiles en América Latina
This report by Transforma (March 2025) proposes a methodology for eliminating inefficient fossil fuel subsidies in Latin America to support a just energy transition. Using case studies from Colombia and Mexico, it argues that direct production subsidies should be prioritized for removal. The report suggests redirecting these funds into high-multiplier sectors—such as construction, agriculture, and water sanitation in Colombia, and electricity and manufacturing in Mexico—to drive economic growth and reduce greenhouse gas emissions.
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Document type: Report
¿Las empresas en Colombia SILENCIAN SUS compromisos climáticos?
The report analyzes greenhushing in Colombia's financial sector, identifying key barriers to transparency such as fear of scrutiny over imperfect data, the desire to protect competitive 'know-how', and high market expectations for quantitative metrics. While Colombia's progressive regulation (Circular 031 of 2021) and lack of climate litigation have mitigated some pressures, the document argues that a shift toward flexible, standardized reporting and collaborative regulation is necessary to transform climate transparency into a strategic asset.
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Document type: Report
Naturaleza en el sector financiero: rompiendo barreras
The report identifies four primary barriers to nature-integrated finance: the underestimation of nature's intrinsic value, regulatory gaps, challenges in scaling nature-based financing, and a knowledge gap within financial institutions. It argues that the financial sector is critical for redirecting global capital toward biodiversity protection, noting a biodiversity financing gap of $700 billion annually. To address these, the document details the 'Locate' phase of the Taskforce on Nature-related Financial Disclosures (TNFD) LEAP approach, guiding institutions through scoping, identifying dependencies and impacts using tools like ENCORE, and mapping intersections with ecologically sensitive locations. It provides practical examples from entities such as Banco de Bogotá, Banco Bolivariano, and Grupo Sura to demonstrate how spatial analysis and heat maps can identify material nature-related risks in investment portfolios.
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Document type: Report
GUÍA PARA NO EXPERTOS
The document serves as an educational tool to explain the technical and economic aspects of Colombia's energy system and the transition toward a low-carbon economy. It distinguishes between energy sources and forms, details the electricity value chain, and explains the environmental necessity of decarbonization and 'Net-Zero' goals. The guide emphasizes that a 'just energy transition' requires both a shift in energy sources and a parallel economic transition to ensure labor reconversion and regional sustainability.
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Document type: Guide
Los SARAS y la Naturaleza
The document provides a methodology for Colombian financial institutions to align their Environmental and Social Risk Management Systems (SARAS) with Circular Externa 015 of 2025. It proposes using the Taskforce on Nature-related Financial Disclosures (TNFD) framework, the LEAP approach (Locate, Evaluate, Assess, Prepare), and the ENCORE tool to identify, measure, control, and monitor nature-related risks and opportunities across their portfolios.
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Document type: Guide
CICLO DE AMBICIÓN DEL ACUERDO DE PARÍS
The document describes the Paris Agreement's 'ambition cycle' as a four-stage iterative process: formulation of long-term strategies (LTS) and Nationally Determined Contributions (NDCs), implementation, monitoring via Biennial Transparency Reports (BTRs), and collective evaluation through the Global Stocktake (GST). It emphasizes the need for alignment between short-term NDCs and long-term net-zero goals, while warning against over-reliance on carbon markets and carbon capture technologies. The guide provides a national implementation roadmap and case studies from Costa Rica, the United Kingdom, Colombia, and Panama to illustrate best practices in climate governance and transparency.
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Document type: Guide
Introducción a la evaluación de escenarios climáticos en portafolios de inversión
The document outlines a process for conducting climate scenario analysis on investment portfolios using a static approach. It employs NGFS scenarios to model the financial impact on sovereign bonds (Colombia and USA) and specific industrial sectors (oil, gas, energy, and cement) from 2025 to 2050. The analysis demonstrates that ambitious climate policies generally decrease the valuation of carbon-intensive sectors like oil and cement due to lower demand and carbon taxes, while benefiting the energy sector. It also shows that orderly transitions tend to lower the risk perception and yields of Colombian sovereign bonds compared to disorderly or delayed scenarios.
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Document type: Guide
Un avance decisivo para la toma de decisiones financieras sostenibles
The document details the SFC's Circular Externa 015 of 2025, requiring financial entities in Colombia to identify, measure, control, and monitor environmental and social risks, including climate risks. It outlines the implementation timeline, the scope of applicable entities, and the conceptual framework for managing these risks within a financial institution's risk appetite and strategic planning.
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Document type: Guide
Third Brief on NCQG simplified negotiation options
The briefing provides a comprehensive table of condensed negotiation options for the NCQG, covering its preamble, quantitative and qualitative structure, temporal scope, contributor base, and transparency arrangements. It synthesizes submissions from various Parties and groups to streamline the decision-making process for the CMA6.
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Document type: Briefing
Ambición en la década crítica: Guía para el fortalecimiento de las NDC
The document outlines a 'Decalogue of Ambition' for NDCs, emphasizing the need for science-based emission reductions, sector-specific targets, and a transition away from fossil fuels. It details requirements for mitigation, including a 43% global reduction by 2030, and adaptation, focusing on climate resilience in agriculture, health, and infrastructure. The guide also stresses the importance of just transition, gender equality, and the mobilization of finance from developed to developing nations.
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Document type: Guide
Balances de energía eléctrica (oferta-demanda)
The document analyzes Colombia's electricity balance through 2038, finding that while average energy supply remains sufficient, 'firm energy' (reliable capacity) faces deficits as early as 2029 depending on the coal phase-out scenario. To avoid these deficits, the report argues for significantly accelerating renewable energy deployment, improving transmission infrastructure, and implementing energy storage to replace the high reliability of coal plants.
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Document type: Policy brief
¿Qué significa cumplir con las metas globales de triplicar renovables y duplicar eficiencia energética en América Latina?
The document uses EnergyScope modeling to evaluate how four Latin American countries can align with COP 28 global energy targets. It concludes that a literal tripling of capacity is not necessary for all countries to meet projected demand and that combining renewable expansion with doubled energy efficiency can reduce the required installed capacity.
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Document type: Policy brief
CAS TUDI ARGENTINA, BRASIL, COLOMBIA CHILE
The report analyzes four Latin American countries, finding that while a literal tripling of renewable capacity is unfeasible or unnecessary for Brazil, Chile, and Colombia due to their existing high renewable shares, it could meet Argentina's demand but remains practically unattainable. It proposes 'sustainable progression' scenarios that balance demand with renewable growth and energy efficiency, highlighting the roles of solar, wind, and bioenergy in reducing greenhouse gas emissions by 2030.
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Document type: Executive summary
Second Brief on NCQG simplified negotiation options
The briefing outlines a comprehensive framework of negotiation options for the NCQG, covering its preamble, the needs of developing countries, fundamental principles, temporal scope, and the structure of the goal. It details various proposals for the quantum of finance—ranging from USD 441 billion to 2.4 trillion—and suggests mechanisms for determining this amount based on developing country needs and temperature goals. Additionally, the document proposes qualitative elements regarding gender, human rights, and technology transfer, as well as specific enhancements for access to finance, levels of concessionality, and transparency arrangements for tracking progress.
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Document type: Briefing
Analysis of the Partnership Model for financing and its applicability JUST ENERGY TRANSITION IN COLOMBIA
The document explores the application of Just Energy Transition Partnerships (JET-P) in Colombia, analyzing international experiences from South Africa, Indonesia, Vietnam, and Senegal. It identifies a significant financing gap, noting that public investment currently represents only 0.01% of required resources. The brief proposes a country platform to attract international public and private capital, while emphasizing the need for grants over loans to avoid increasing public debt. It prioritizes strategic projects such as energy communities and the phase-out of coal plants, while arguing against financing fossil fuel infrastructure or inefficient subsidies.
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Document type: Policy brief
Análisis del modelo de Cooperación para la Transición Energética Justa (JET-P)
The document analyzes the JET-P model as a mechanism to catalyze international and private investment for Colombia's energy transition. It highlights a significant funding gap, noting that public investment currently represents only 0.01% of required resources. By reviewing JET-P experiences in South Africa, Indonesia, Vietnam, and Senegal, the report identifies risks such as increased public debt and the need for transparent, community-led project design. It proposes prioritizing projects like energy communities and the phase-out of coal plants, while warning against financing fossil fuel infrastructure or inefficient consumption subsidies.
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Document type: Policy brief
WHAT DOES THE OUTCOME OF THE FIRST GST SIGNIFY FOR DEVELOPING COUNTRIES AND FOR THE NEGOTIATIONS OF THE NCQG?
The document analyzes the first Global Stocktake's signals on mitigation, adaptation, and loss and damage, highlighting the systemic challenges for the Global South. It argues that while the GST provides historic targets for transitioning away from fossil fuels and tripling renewables, it lacks concrete financial commitments. The brief emphasizes the need for the NCQG to address the 'trilemma' of climate goals, fiscal sustainability, and political feasibility by expanding fiscal space through non-debt instruments and reforming the international financial architecture.
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Document type: Policy brief
Despliegue de energía renovable, cadenas de valor y minerales estratégicos
The document analyzes Latin America's potential to transition to a 100% renewable electricity matrix by 2040, focusing on the role of strategic minerals and the development of regional value chains. It highlights the region's vast reserves of copper and lithium and its existing manufacturing capabilities in steel and aluminum as key competitive advantages. However, it identifies significant barriers, including insufficient geological knowledge, low refining capacity, weak industrial policies, and social conflicts related to mining and land rights. The brief recommends increasing public investment in R&D, strengthening regional cooperation through the G20 and RELAC, and implementing binding community participation to ensure a just energy transition.
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Document type: Policy brief