In Colombia, UN Women Executive Director galvanizes action for women’s leadership and gender equality

UN Women Executive Director Sima Bahous conducted a three-day mission in Colombia, where she met with government officials, civil society groups, and partners. The purpose of the mission was to build on momentum and galvanize action for women’s leadership and gender equality across Colombia.  The mission came as a new government took office, led by President Gustavo Petro and Vice-President Francia Márquez, the country’s first Afro-descendant woman Vice President. The new government has committed to prioritize gender equality, and to reach gender parity in cabinet appointments. To date, for the Government’s…

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Colombia, WWF and Partners Announce $245M Agreement to Permanently Protect Vital Systems of Nation’s Protected Areas

The Government of Colombia, with a broad coalition of community, public sector, and private sector partners, demonstrated their commitment to long-term conservation in Colombia by signing a joint declaration to launch a new Project Finance for Permanence (PFP) initiative called Heritage Colombia (or Herencia Colombia in Spanish), which secures $245 million USD of public and private finance to permanently protect 32 million hectares of iconic Colombian landscapes and seascapes. This initiative will facilitate significant progress toward Colombia’s 30X30 target to protect 30% of its land and 30% of its seas…

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IFC Provides $335 Million Funding To Banco Davivienda To Spur Lending To Wsmes, Green Projects, And Social Housing In Colombia

Davivienda received from IFC, a member of the World Bank Group, a subordinated loan of USD$335 million to support the financing of women-owned small and medium-sized enterprises (SMEs), social housing and sustainable construction projects. This is the first loan granted by IFC in Latin America and the Caribbean, under the new regulation on additional solvency of Basel III (new Tier 2). “This operation is part of our sustainability strategy of supporting female entrepreneurship, financing sustainable projects and contributing with Colombians to fulfill their dream of having their own home. With…

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