Blog IICA

Línea Especial de Crédito "Sostenibilidad Agropecuaria y Negocios Verdes" Colombia

Start Date: 15/02/2021
End Date: 14/02/2026

Description

Colombia's Ministry of Agriculture and Rural Development is implementing a special line of credit to finance sustainable projects on 38,000 hectares through agroforestry and agroforestry systems. The initiative is part of the “Produce by Conserving and Conserve by Producing” policy and is aligned with Conpes 4021 to control deforestation. It establishes a differentiated interest rate subsidy according to the type of producer, with terms of up to seven years and a two-year grace period. The program includes economic and financial training for 5,000 people and 50 training leaders in priority municipalities with high deforestation.

Action scope

National

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Medium-term

Number of Years

5 - Year -s

Related elements

Budget in USD

Budget in USD
$200,000,000.00
Counterpart Budget
$18,000,000.00
Total Budget
$218,000,000.00
Annual Average Budget
$43,600,000.00
Financing Sources Financing Types
FINAGRO Investment funds

Institutions

Institutions Institutions rols
MINAGRICULTURA: Ministerio de Agricultura y Desarrollo Rural de Colombia Execution and operation
Finagro: Fund for financing the Colombian agricultural sector Execution and operation
MINAMBIENTE: Ministerio de Ambiente y Desarrollo Sostenible de Colombia Planning
Banco Agrario de Colombia Planning

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