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CO-T1227 : Preparation for Mitigation of GHG emission in Colombia

Project Status: Closed

The general objective of this Technical Cooperation (TC) or Project Preparation Grant (PPG) is to support the preparation of the Full-sized Project ¿Mechanism for voluntary mitigation of greenhouse gas emissions in Colombia¿ (CO-X1008). The proposed studies will provide the technical inputs needed for project planning and design. The primary activities to be financed with this PPG are: (i) the technical, financial, legal and institutional development requirements and project design elements for the establishment of a Voluntary Emission Reductions (VERs) trading platform; (ii) the identification of a portfolio of forestry-based projects with feasibility for VERssupply and their emission reductions potential; (iii) a benchmarking analysis of voluntary carbon market standards for REDD and A/F within the context of a Colombian supply; (iv) the diagnosis of international and national programs and approaches on corporate voluntary GHG mitigation and component design elaboration; (v) design of project components on communication and stakeholder outreach, including participatory stakeholder workshops and education/ promotion campaigns; and (vi) a coordination and project management scheme, which will facilitate project implementation and monitoring.

Project Detail

Project Number
CO-T1227
Project Country
Colombia
Project Sector
ENVIRONMENT AND NATURAL DISASTERS
Project Subsector
ENVIRONMENT AND NATURAL DISASTERS
Project Type
Technical Cooperation
Project Lending Type
SG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Closed
Operation Number
ATN/FM-12154-CO

Financial Information

Project Number
CO-T1227
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
IADB/GEF Trust Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jun/04/2010

Project Information

Total Cost
USD 152,000
Country counterpart financing
USD 52,000
Amount
USD 100,000

Preparation

Approved