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

Countries
  • Colombia
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
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 16, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Colombia
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. 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, converted to USD$. 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, converted to USD$. Please see updated project documentation 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

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
  • World Bank (WB)
Contact Information

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.