Programa Ciudades Modernas e Infraestructura para la Integracion Territorial Sostenible (CAF-Colo-40436)

Countries
  • Colombia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Development Bank of Latin America (CAF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Government of Colombia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 450.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ CAF website

Updated in EWS Jul 6, 2020

Disclosed by Bank Jul 19, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

CAF -Banco de Desarrollo de América Latina- otorgó un préstamo a largo plazo de USD 450 millones al programa Ciudades Modernas e Infraestructura para la Integración Territorial Sostenible, con el fin de apoyar acciones estratégicas de política pública y de alto impacto que permitan mejorar la conectividad de los territorios en un escenario de posconflicto, promover el desarrollo urbano sostenible y optimizar los sistemas de transporte público de Colombia.

 

Los fondos, gestionados por el Ministerio de Hacienda y Crédito Público y el Departamento Nacional de Planeación (DNP), están alineados con las iniciativas del Gobierno en diferentes áreas del desarrollo urbano, como son la creación de ciudades sostenibles, la mejora de la movilidad urbana y la mayor conectividad territorial para lograr una integración urbano-rural que contribuya a aumentar la productividad y a consolidar a las ciudades como motores económicos del país.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

The contact information was not available at the moment of the snapshot.

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