Implementation of Payment for Environmental Services Projects for the Conservation of Strategic Ecosystems

Promote the implementation of Payments for Environmental Services (PES) projects for the conservation of ecosystems and sustainable rural development within the framework of the National PES Program, to reduce deforestation and conflicts in land use, generate development opportunities for local communities and the increase environmental services.

Project Detail

Country

Colombia

Project Number

CO-G1040

Approval Date

July 18, 2022

Project Status

Implementation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

ENVIRONMENTAL MANAGEMENT AND GOVERNANCE

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 2,641,949.00

Country Counterpart Financing

USD 141,949.00

Original Amount Approved

USD 2,500,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
GRT/CM-19366-CO	Sovereign Guaranteed	USD - United States Dollar	May. 2, 2024	Sep. 14, 2022	Sustainable Colombia Facility	Grant

Operation Number

GRT/CM-19366-CO

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: May. 2, 2024
Signed Date: Sep. 14, 2022
Fund: Sustainable Colombia Facility
Financial Instrument: Grant

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