On September 18, 2017, in New York City, Director General Frank Rijsberman, attended this High-Level Advisory Group of the “Colombia Sostenible Initiative” with President Juan Manuel Santos, the Colombian Minister of Environment and Sustainable Development, Mr. Luis Gilberto Murillo, IDB President, Mr. Luis Alberto Moreno, and the Norwegian Environmental Minister, Mr. Vidar Helgesen, among other high-level attendees.
The meeting intended to review the progress made on the “Sustainable Colombia Fund” launched by the Inter-American Development Bank (IDB), including the multi-donor fund and the loan of 100 million dollars. “Countries such as Norway, Sweden, Switzerland, Germany and the United Kingdom have already contributed” said President Santos.
The core objectives of the Fund are linked to GGGI´s work in the country, primarily in the implementation of the Join Declaration of Interest onREDD+ and Sustainable Rural Development, as well as the support to the Green Growth Task Force. Moreover, with the expanded GGGI-GoC-Norway program, the expectation is that GGGI helps in building a pipeline of projects that can be presented to this Fund. This Fund will provide a platform for articulation between the public sector, international organizations, private sector and civilian population. Only through joint collaboration between different stakeholders Colombia will we be able to have faster results. We are now being seen by the whole world as a country that is moving in the right direction, “said the president.
According to President Moreno of the IDB, “we have been working closely with the Colombian government and we understand that the greatest source of wealth the country has is it´s natural capital, because it contains practically 10% of the world’s biodiversity, so there is a huge interest from donor countries to accompany this effort. ”
To date, the fund has pledged funding of approximately USD 250 million. The Colombian government is seeking to accelerate the structuring of projects that will be presented to the fund to ensure that Colombia´s natural assets are preserved in the post-conflict era.