Sustainable Low-Carbon Development in Orinoquia region Project (WB-P160680)

Countries
  • Colombia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Orinoquia
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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."
Voting Date
Feb 16, 2018
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
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
  • Agriculture and Forestry
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 20.00 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.
Grant Amount (USD)
$ 20.00 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.
Project Cost (USD)
$ 20.00 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Mar 5, 2018

Disclosed by Bank Aug 1, 2017


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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.

22. The proposed Orinoquia Sustainable Integrated Landscape (OSIL) project is part of a broader program for the region, funded by the BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL). The ‘ISFL program’ will be implemented in two phases: a Technical Assistance (TA) phase and an emission reduction (ER) phase via the establishment of a performance-based payments mechanism to achieve AFOLU GHG emission reductions at a regional level. The Theory of Change for the project follows an analysis of direct and indirect causes of emissions in Orinoquia, considering the critical factors that need to be addressed to reverse the situation. These factors are then clustered into components of the project. The logic is the following: AFOLU emissions in the Orinoquia27 should be divided into two groups: historic emissions and projected emissions. Both, historic and future emissions are due to land use change and land management practices. The main direct causes of historic emission include deforestation, forest degradation, unsustainable livestock practices, fertilizers, and fires; while projected emissions are due to future deforestation, conversion of natural habitat, transformation of agriculture cropping systems and agricultural management practices such as fertilizer use, enteric fermentation, rice cultivation, etc. 

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.

For more info, contact: 

Ministry of Agriculture and Rural Development (MADR) Claudia Ximena Cuervo Director Innovation& Technological Development claudia.cuervo@minagricultura.gov.co

Ministry of Environment and Sustainable Development (MADS) Angélica María Mayolo Obregón Director, Office of International Affairs AMayolo@minambiente.gov.co

National Planning Department (DNP) Javier Ignacio Pérez Burgos Director Sustainable Territorial Development japerez@dnp.gov.co

Instituto de Hidrologia, Meteorologia y Estudios Ambientales (IDEAM) Maria Teresa Becerra Subdirector in Ecosystems mtbecerra@ideam.gov.co

The World Bank 1818 H Street, NW Washington, D.C. 20433 Telephone: (202) 473-1000

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

How it works

How it works