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National Climate Finance Strategy (ENFC) Colombia
Start Date:
01/01/2022
End Date:
31/12/2030
Description
The National Climate Finance Strategy seeks to mobilize resources efficiently, sustainably, scalably and transparently to finance mitigation and adaptation initiatives throughout their entire cycle, achieving national climate change goals with equity and justice. It is articulated through the Financial Management Committee of the National Climate Change System and establishes three main strategic lines. Its implementation focuses on closing the identified climate finance gap between current resources (0.16% of GDP) and required resources (1.2% of GDP). The strategy promotes public-private coordination and the transition towards carbon neutrality by 2050.
Iniciative Type
Action scope
Sectors:
Thematic Areas:
Countries:
Instruments:
- Green, Social, or Sustainable Bonds
- Sustainability Standards or Protocols
- Factoring
- Technical, Sectoral, or Advisory Tables
- Land titling
- Land use planning or agricultural zoning
- Scientific-technological transfer (from the laboratory to the market)
- Access to entrepreneurial financing or seed capital
- Internacional humanitarian and Development Assistance
- Grants for personnel recruitment, training, apprenticeship, and workforce retention in processing or
- Grants to modernize packaging, packaging and labeling processes or compliance with standards
- Subsidies for the incorporation of devices/technologies for processing and manufacturing
- Subsidies for administrative, professional or engineering expenses in processing and manufacturing
- Grants for the purchase, adaptation or modernization of processing and manufacturing equipment
- Grants for construction/purchase/modernization of processing and manufacturing facilities
- Electronic commerce of agri-food products
- Microcredits
- Setting of emission reduction objectives and targets
- Strengthening of international negotiation capacities
- Payments or subsidies to the producer for the acquisition of fixed assets (fixed capital formation)
- Payments or subsidies to the producer based on farm services (mechanization, etc.)
- Education and training for farmers
- Payments or subsidies for the acquisition of variable inputs (eg fertilizers)
- Payments or subsidies to the producer based on agricultural production
- Early warning systems
- Situation and prospective analysis (regional or international)
- International initiatives in research and development
- Formalization incentives
- Strategic reserves
- Guides, manuals, protocols
- International financial cooperation
- Incentives or subsidies for the adoption of good sustainable production practices
- Business incubation and acceleration
- Guarantee or endorsements
- Harmonization of standards and regulations
- Expansion of the supply of agricultural credit
- Production infrastructure
- Sanitary, phytosanitary and biosafety standards
- Institutional capacity building
- Support to technological research and development
- Agricultural extension services
- International technical cooperation
- Education and awareness building
- Inspection and control
- Marketing and trade promotion
- Networks and platforms for dialogue and collaboration
- Regulations, standards and legal frameworks
- Trade facilitation
- Emission trading systems (ETS)
- Carbon tax
- Direct transfers to producers
- Catastrophe insurance
- Harvest insurance
- Price insurance
- Entrepreneurial capacity building
- Technical assistance to producers
- Artificial intelligence
- Internet of things
- International, public-private partnerships
- Strategic planning
- Experience sharing
- PES: Payment for environmental or ecosystem services
- Financial trusts
- Prospective studies (forecasting)
- Policy to Improve Data and Information Access and Management
- Studies and diagnoses
- Individual capacity building
- Bilateral, regional, multi-country, multilateral and global agreements
- Strategies, plans, policies or guidelines; sectoral or national
- Support or subsidy for the acquisition of production assets
- Organization of innovation systems
- Fostering of associativity
- Investment funds
- Intersectoral and interinstitucional coordination
- Policy Monitoring and Evaluation
- Linkages between producers and value chains and markets
- Public infrastructure investment
- Demonstration plots
- Technology validation
- Plant genebanks
- Business plans
- Influence on public policies
- Agri-food digitilation
- Collect, analyze, disseminate and exchange data and information between countries
Resultados:
- Health and Nutrition
- Environmental sustainability
- Land use change
- Social learning
- Acceptability
- Access to financial services
- Productive diversification
- Increased knowledge
- Employment
- Reduction food loses and waste
- Water management
- Water quality
- Food access
- Dietary diversity
- Food affordability
- Malnutrition prevention
- Territorial planning
- Animal disease control
- Plant health
- Safe trade
- Effectiveness of public expenditure
- Rational and precise use of fertilizers
- Gender equity
- Energy transition
- Agrifood systems that use resources efficiently, are low carbon and more circular
- Economy and low carbon systems
- Climate change resilience
- Production inclusion
- Training of skilled technicians
- Risk mitigation
- Biodiversity
- Poverty reduction
- Profitability
- Food and nutritional security
- Animal health
- Logistical and administrative support
- Improved productivity
- Governability
- Social inclusion
- Economic growth
- Trade competitiveness
- Soil health
- Allocation of public expenditure
- Export and import traceability
- Information generation
- Plant disease control
- Improvement in technical assistance and rural extension services
- Digital transformation
- Jobs generated
- Income improvement
- Improved living conditions
- Market efficiency
- Bilateral and regional trade agreements
- Climate mitigation
- Sustainable Rural Development
- Land tenure
- Public policy development and implementation
- Technological Innovation
- Watershed revitalization
- Institutional capacity building
Beneficiaries:
- Consumers
- Agro-industrial producers
- Agricultural producers
- Entrepreneurs
- Conglomerates or clusters
- Indigenous communities
- Agricultural workers
- Public institutions
- Family agriculture
- Private enterprises
- Researchers
- SMEs
- Land owners or users
- Producer organizations (cooperatives, etc.)
- Women
- MSMEs
- Youth
- Exporters
- Rural communities
- Value Chains
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