Enhancing the market for biodiversity credits through the implementation of digital tokens under an integrity protocol.
This proposal seeks to capitalize the insights gained from Habitat Banking and the mandatory biodiversity credits model to create a new, reliable, and high integrity product that combines the concept of biodiversity credits with digital tokens. This product will ensure greater traceability and transparency, enabling a more efficient and accountable conservation efforts.

Project Detail

Country

Colombia

Project Number

CO-G1048

Approval Date

June 9, 2023

Project Status

Implementation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,000,000.00

Country Counterpart Financing

USD 500,000.00

Original Amount Approved

USD 500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRC/OC-20082-CO Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Contingent Grant Financing
Operation Number GRC/OC-20082-CO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Contingent Grant Financing