FP203

Heritage Colombia (HECO): Maximizing the Contributions of Sustainably Managed Landscapes in Colombia for Achievement of Climate Goals

Heritage Colombia (HECO): Maximizing the Contributions of Sustainably Managed Landscapes in Colombia for Achievement of Climate Goals

  • Status Under implementation
  • Date approved 16 Mar 2023 at B.35
  • Est. completion 14 Jul 2033
  • ESS Category Category B

Climate change projections in Colombia show an increase in temperature and more unpredictable precipitation patterns, thereby increasing the likelihood of droughts, floods, landslides, and fires that contribute to the destruction of the country’s already threatened protected areas. Achieving water security is a top priority in Colombia where the agricultural sector and rural communities are heavily reliant on ecosystem services and up to 80 per cent of the urban population are affected by water scarcity during dry years.

Heritage Colombia (HECO) aims to introduce a paradigm shift towards a more sustainable management of the country's ecosystems by employing a public-private partnership model that will secure financing in perpetuity for the sustainable management of key ecosystems and large-scale landscapes across the country, from the Heart of the Amazon to the Caribbean coast. The proposal will empower local governments by improving the institutional structures meant for surveilling and monitoring resource management, thus securing the most sustainable and effective future governance of these resources benefitting both adaptation and mitigation efforts in the region. The project relies on already tried and tested conservation, restoration, and rehabilitation instruments that have proven successful across a diverse set of ecosystems and social settings. By securing the water first, a wide range of co-benefits spanning from biodiversity and clean water provision can be unlocked from this single project. 

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
329,658
Indirect
16,614,522
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

22 Oct 2019 - 1242 days

Concept note received

22 Oct 2019

Funding proposal received

13 Aug 2021

Legal opinion on AE's Internal Approval

02 Nov 2021

Cleared by GCF Secretariat

07 Feb 2023

Cleared by iTAP

13 Mar 2023

Approved

16 Mar 2023 - 121 days

Approved by GCF Board

16 Mar 2023

FAA executed

17 Mar 2023

Under implementation

14 Jul 2023 - 343 days so far

FAA effective

14 Jul 2023

Disbursement - USD 3,328,763

24 Jan 2024

To be completed

14 Jul 2033 - 3,312 days to go

One region

  • Latin America and the Caribbean

One country

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

GCF financing8% disbursed

InstrumentAmount
GrantUSD 42,974,559
Total GCF Financing
USD 42,974,559

Co-financing

Co-financerInstrumentAmount
Co-FinancingGrantUSD 69,400,000
Co-FinancingGrantUSD 32,777,951
Total Co-Financing
USD 102,177,951

GCF Contacts

General media inquiries

GCF Communications
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Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6186 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6714 (KST)
Send e-mail

Accredited Entity

World Wildlife Fund, Inc.
Mr. Lucas Black
Primary

Vice President, Climate Finance
Ms. Danielle Lien
Secondary

Lead, GCF Relations
Phone +1 202 293 4800
danielle.lien@wwfus.org
More contacts

National Designated Authority

Colombia
National Planning Department
Ms. Carolina Díaz Primary
Director of Environment and Sustainable Development
Calle 26 No. 13-19, Bogotá, D.C, Colombia
Ms. Jimena Cortés Secondary
NDA Technical Advisor
Calle 26 # 13 - 19, Bogotá, D.C., Colombia
Phone +57 601 3815000
clcortes@dnp.gov.co

News + Stories

GCF and World Wildlife Fund sign key Colombia landscapes agreement

21 Mar 2023 / GCF and the World Wildlife Fund (WWF) have signed an agreement to rapidly implement an innovative project which aims to support more sustainable management of Colombia’s landscapes.  The project focuses on protecting Colombia's natural ecosystems and biodiversity, while also promoting sustainable livelihoods for local communities and will help to conserve the country’s varied landscapes which have been hit hard by climate-related events such as droughts, floods, landslides and fires in recent years.