Overview
The páramos, high-Andean forests and wetlands that supply water to Bogotá and 33 surrounding municipalities are degraded, leaving the region exposed to drought. The 2024 to 2025 drought, the most severe in over four decades, brought water rationing for the first time since the 1980s.
The project will demonstrate a Watershed Transformation Model in four priority landscapes. It will conserve and restore high-Andean ecosystems, work with landowners under conservation agreements, and help farms adopt climate-resilient, water-efficient production, with support for producer associations and community-run water systems. It will then use the measured hydrological results to build financing for replication, through a water tariff pathway with Bogotá's water utility and a long-term private financing mechanism managed by Fondo Acción.
Benefits will be measured as hydrological outcomes, giving public and private funders evidence to continue the work after the grant period. Both finance pathways are designed to operate within existing Colombian law, and two companies co-finance a pilot of the private mechanism. Communities will co-design interventions through Watershed Visions and Climate-Resilient Farm Plans, supporting GCF priorities on locally led adaptation.
Result areas
Countries
Regions
Project timeline
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Pipeline
1,091 days
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Concept note received
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Funding proposal received
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Cleared by GCF Secretariat
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Cleared by iTAP
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Approved
2 days so far
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Approved by GCF Board
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Under implementation
Not started
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To be completed
Not started
Other Data
- Size
- Medium
- Project number
- FP323
- Risk category
- Category B
- Subtype
- Public sector
- Theme
- Adaptation
- Status
- Approved
- Duration
- 5
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Total project value $ 76.7 million
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Anticipated number of people with increased resilience 10.1 million
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 76.7
million
Show details
GCF-financing
- Grant USD 45,717,002
- Total GCF-financing USD 45,717,002
Co-financing
- Inkind USD 12,781,790.7
- Grant USD 5,838,627.85
- Other USD 1,500,000
- Other USD 2,500,000
- Inkind USD 714,773
- Inkind USD 343,397
- Inkind USD 1,000,000
- Inkind USD 6,343,326.83
- Total co-financing USD 31,021,915.38
Project contacts
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Project contacts
Entity info
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Mr. Robert Merritt
Secondary
Sr. Director, Project Development CI-GCF Agency
GCF team
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Press enquiries and interviews
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GCF Communications
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Request for information
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GCF Information Disclosure
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Project complaints and grievances
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GCF Independent Redress Mechanism (IRM)
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Integrity issues
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GCF Independent Integrity Unity (IIU)
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National Designated Authority
National Planning Department (Colombia)
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Mr. Rovitzon Ortiz Olaya
Primary
Associate Director for Strategic Foresight and National Development
Calle 26 # 13 – 19, Bogota, D.C, Colombia
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Mr. Javier Pava Sánchez
Secondary
Director of Environment and Sustainable Development
Calle 26 # 13 – 19, Bogota, D.C, Colombia