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Prosperous Land, Prosperous People: Scaling finance for Nature-based Solutions in Colombia

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31 08 23

This report finds that Colombia faces an unprecedented opportunity to build a thriving and resilient nature-positive economy through increased investment into Nature-based Solutions (NbS). Critically, it demonstrates how the Government can lower its investment burden in the long term by crowding in private sector finance for NbS. It is a report for consultation which describes a potential, yet likely feasible, investment pathway. As such, its ambition is to inform the Government of Colombia's long-term policy and investment strategy for NbS, and to catalyze the mobilization of a wide range of investors and financial instruments to scale NbS in Colombia and globally.

Authors

Talia Smith

SYSTEMIQ

Scarlett Benson

SYSTEMIQ

Natasha Mawdsley

SYSTEMIQ

Alex Andreoli

SYSTEMIQ

Mitch Groves

SYSTEMIQ

media contacts

Sophie Mongalvy

sophie.mongalvy@wri.org

WRI

Klara Nilsson

klara.nilsson@wri.org

WRI

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Key figures

of Colombia's annual greenhouse gas emissions (GHG)

are caused by deforestation

340

Million tonnes

of carbon dioxide equivalent (tCO2e) is what NbS could provide in climate mitigation per year by 2050 in Colombia

$13.5

Billion USD

is required per year by 2050 to unlock the full potential of NbS in Colombia

Key messages

This report presents a case study focused on Colombia which highlights the considerable climate change mitigation potential of Nature-based Solutions (NbS), alongside their co-benefits for biodiversity, food security, resilience, livelihoods and health outcomes. It develops a possible investment pathway for public and private financiers to unlock the benefits of NbS in Colombia.