Heritage Colombia (HECO): Maximizing the Contributions of Sustainably Managed Landscapes in Colombia for Achievement of Climate Goals
Geography
Approval FY
2023
Fund
Green Climate Fund
Fund Spend
$42,974,559
Co-Financing
$102,177,951
Summary
Climate change projections in Colombia show an increase in temperature and more unpredictable precipitation patterns, thereby increasing the likelihood of droughts, floods, landslides, and fires that contribute to the destruction of the country’s already threatened protected areas. Achieving water security is a top priority in Colombia where the agricultural sector and rural communities are heavily reliant on ecosystem services and up to 80 per cent of the urban population are affected by water scarcity during dry years.
Heritage Colombia (HECO) aims to introduce a paradigm shift towards a more sustainable management of the country's ecosystems by employing a public-private partnership model that will secure financing in perpetuity for the sustainable management of key ecosystems and large-scale landscapes across the country, from the Heart of the Amazon to the Caribbean coast. The proposal will empower local governments by improving the institutional structures meant for surveilling and monitoring resource management, thus securing the most sustainable and effective future governance of these resources benefitting both adaptation and mitigation efforts in the region. The project relies on already tried and tested conservation, restoration, and rehabilitation instruments that have proven successful across a diverse set of ecosystems and social settings. By securing the water first, a wide range of co-benefits spanning from biodiversity and clean water provision can be unlocked from this single project.
Documents
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Topics
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Approved funding proposal
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Annual Performance Report
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About this project
Approval FY
2023
Geography
Fund
Green Climate Fund
Fund Spend
$42,974,559
Co-Financing
$102,177,951
Status
Under Implementation
Theme
Cross-cutting
Implementing Agency
World Wildlife Fund, Inc.
Sector
Public
Result Area
Ecosystems and ecosystem services, Forest and land use, Livelihoods of people and communities
Type
Project
Source
Topics
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance
Note

Project information is sourced from Green Climate Fund. Please check terms of use for citation and licensing of third party data.