Technology and Innovation to Close the Conservation Finance Gap in the Amazon Basin. The Herencia Colombia Pilot
Leticia is a digital collaborative platform aimed to support filling the conservation financing gap in the Amazon Basin by optimizing project financing channels in this region. The platform would use the most advanced technologies and algorithms to provide information on who is doing what where and intelligently connect investors and funding sources with high impact public and private projects. As a digital platform, Leticia aims to provide in one place intelligent data and tools to connect governments, investors, donors, philanthropists with carefully identified investment opportunities in high priority locations for programs such as Herencia Colombia. The platform combines location intelligence with the power of connections and collaboration integrating the industry-leading Geographic Information System (GIS) and Client Relationship Manager (CRM) platforms in one place. Additionally, the alliance with the Basque Institute for Climate Change (BC3) allows the implementation of advanced data science algorithms using data from external partners based on unique semantic analysis capabilities. This powerful combination allows Leticia to provide a wide range of audiences with a fast and accurate response with an optimal user experience.

Project Detail

Country

Colombia

Project Number

CO-T1601

Approval Date

December 18, 2020

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

BIODIVERSITY AND PROTECTED AREAS CONSERVATION

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

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

Total Cost

USD 2,497,036.00

Country Counterpart Financing

USD 1,497,036.00

Original Amount Approved

USD 1,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-18509-CO Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-18509-CO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable