Colombia is the second most biologically diverse country in the world, hosting unique ecoregions including the Northwestern Andean montane forests and approximately 10% of the Amazon rainforest. The Colombian Ministry of Environment and Sustainable Development (MADS) estimates that over the past two decades the country has lost an average of 310,000 hectares of forest cover per year.
With preliminary funding from the World Bank’s Forest Carbon Partnership Facility (FCPF), Colombia is in the process of creating its Readiness Preparation Plan (R-PP). The Plan is being developed by the national government and civil society organizations with input from multiple stakeholder groups including indigenous populations, Afro-Colombian and campensino communities. It is expected to be finalized within the year.
Financing flows and institutions receiving funds committed for REDD+ activities in Colombia:
The initial institutions or “first recipients” receiving funding for REDD+ activities in Colombia are based both within and outside the country, with 50.5% of funding committed to international consultancies and international NGOs/Academic institutions, and 49.5% of funding committed to various in-country recipients. Roughly 13% of the total committed funds are scheduled to be received by the Government of Colombia.
Colombian NGOs/Academic institutions are scheduled to receive around US$4.3 million in commitments from donors and an additional US$3.5 million from first recipients. A significant proportion of funding to Colombian NGOs/Academic institutions has been committed from the Global Environment Facility (GEF) through the Inter-American Development Bank (IDB) as implementing agents.
Additional secondary institutions or “second recipients” receiving REDD+ finance are also displayed in the chart. During the period from 2009 to 2012, around 39% of the total committed funds were passed onto second recipients, which also include the Government of Colombia and the private sector.
An annual breakdown of funding committed to first recipients highlights that local, Colombian NGOs/academic institutions account for nearly all of the funding committed in 2009, which remained minimal in subsequent years.
In 2011, over 60% of commitments are directed to international consultancies. The Government of Colombia, private foundation, multilateral implementing agents and Colombian NGOs/academia also received commitments in 2011.
While in 2012, international NGOs/academic institutions and private foundations account for approximately 82% of the 2012 commitments.