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CO-T1605 : Leticia - Artificial Intelligence and Semantic Data Analysis as a Model for Managing Digital Platforms of the IDB Lab

Project Status: Implementation

The objective of this technical cooperation is to contribute to the deployment and piloting of artificial intelligence-driven data management capabilities for the Leticia platform and, in particular, to the analysis of semantic data. In this way, this development will serve as a knowledge base for the implementation of the Digital Growth Plan (DGP) of the IDB Lab and the launch of new digital platforms. Additionally, a specialized consultancy will ensure the integration and interoperability of Leticia's AI engine among the various initiatives and platforms of the IDB Lab. Leticia is a collaborative platform that combines data on ecosystems, deforestation, biodiversity, demographics and geography, with a powerful partnership management database. The main objective of the platform is to fill the conservation funding gap in the Amazon Basin by optimizing the funding channels for projects in this region. Leticia uses the most advanced technologies and algorithms provided by BC3 to intelligently connect investors and funding sources to high-impact public and private projects.

Project Detail

Project Number
CO-T1605
Approval date
March 24, 2021
Project Country
Colombia
Project Sector
ENVIRONMENT AND NATURAL DISASTERS
Project Subsector
BIODIVERSITY AND PROTECTED AREAS CONSERVATION
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Implementation
Operation Number
ATN/FG-18567-CO

Financial Information

Project Number
CO-T1605
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Spanish Framework - General Cooperation
Reporting currency
USD - United States Dollar
Reporting date
Sep/23/2022

Roles & Responsibilities

Contract signature date
Mar/24/2021

Project Information

Total Cost
USD 300,280
Country counterpart financing
USD 0
Amount
USD 300,280

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
CO-T1605
June 16, 2021