FP134

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

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

  • Status Under implementation
  • Date approved 21 Aug 2020 at B.26
  • Est. completion 21 Jul 2026
  • ESS Category Category B

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 - 335 days

Approved by GCF Board

21 Aug 2020

FAA executed

18 Dec 2020

Under implementation

21 Jul 2021 - 90 days so far

FAA effective

21 Jul 2021

Completed

21 Jul 2026 - 1,737 days to go

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
Total GCF Financing
USD 28,208,123

GCF Contacts

General media inquiries

GCF Communications
Phone +82 32 4458 6338 (KST)
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 6485 (KST)
File a complaint

Integrity issues

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

Accredited Entity

Food and Agriculture Organization of the United Nations
Ms. Elizabeth A. Bechdol
Deputy Director-General
Phone +39 06 57051800
DDG-Bechdol@fao.org
Ms. Maria Helena Semedo
Deputy Director-General
More contacts

National Designated Authority

Colombia
National Planning Department
Mr. Santiago Aparicio
Director of Environment and Sustainable Development
Calle 26 NO 13-19, Bogota,D.C, Colombia

News + Stories

Amazon indigenous peoples hold key to forest’s future

26 Aug 2021 / The indigenous peoples of the Amazon have a key stake in our planet’s future. The release of the vast carbon reserves stored in the world’s largest rainforest would bring dire consequences for all of us. It is still possible to preserve the Amazon, but only by also focusing on the livelihoods of its indigenous peoples. See how here.