FP134

Colombia REDD+ Results-based Payments for results period 2015-2016

Colombia REDD+ Results-based Payments for results period 2015-2016

This project recognises Colombia's REDD+ results for 2015-2016 where a total volume of 6.95 million tonnes of carbon dioxide equivalent (MtCO₂eq) was presented to the GCF for results-based payments (RBP). The presented results were analysed against the GCF requirements and resulted in a final volume of emission reductions of 5.5 MtCO₂eq. Colombia will use the proceeds from RBP provided under this project to invest in additional activities that support the implementation of its Integrated Strategy of Deforestation Control and Forest Management (EICDGB). This will strengthen national and local capacities monitor and control deforestation. The project will also contribute to the sustainable management of forest areas, as well as strengthening the territorial governance and capacities of indigenous peoples to manage and preserve forests.

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

07 Aug 2019 - 381 days

Concept note received

07 Aug 2019

Funding proposal received

09 Nov 2019

Cleared by GCF Secretariat

26 Mar 2020

Legal opinion on AE's Internal Approval

24 Apr 2020

Cleared by iTAP

28 Jul 2020

Approved

21 Aug 2020 - 41 days so far

Approved by GCF Board

21 Aug 2020

Under implementation

Completed

One region

  • Latin America and the Caribbean

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

InstrumentAmount
Results-Based PaymentUSD 28,208,123

Cofinancing

CofinancerInstrumentAmount
Co-FinancingOtherUSD 0

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
Send e-mail

Accredited Entity

Food and Agriculture Organization of the United Nations

Mr Roberto Ridolfi
Assistant Director-General, Programme Support and Technical Cooperation Department
Phone +39 0657 0501 46
TC-ADG@fao.org
Mr. Alexander Jones
Director, Climate and Environment Division
Phone +39 0657 0523 31
CBC-Director@fao.org

National Designated Authority

Colombia

National Planning Department

Mrs. Amparo García Montaña
General Territorial Deputy Director,
Calle 26 NO 13-19, Bogota,D.C, Colombia
Phone +571 381 5000/11101
fondoverdedelclima@dnp.gov.co