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Revenues for Nature Guidebook Series: Habitat Banks, Colombia

Revenues for Nature Guidebook Series: Habitat Banks, Colombia

Year Published

2024

Contributing Organisations

Biodiversity Finance Initiative (BIOFIN)
Environmental Policy Innovation Center
Green Finance Institute (GFI)
United Nations Development Programme (UNDP)
United Nations Environment Programme Finance Initiative (UNEP-FI)

Type of Resource

Guidance

Languages

English

Relevant Topics

Core Topic
Nature
Topic 2
Climate Policy & Policy Engagement

Target Audience

Asset Managers
Asset Owners
Banks
Governments & Policymakers
Real Economy Corporates

Relevant Geography

Latin America and the Caribbean
Revenues for Nature Guidebook Series: Habitat Banks, Colombia

Resource Summary

This Guidebook details the policies of the Habitat Bank System, introduced in Colombia as a way to improve the efficiency of environmental offsets, facilitating the development of collective schemes and allowing environmental authorities to more easily track their progress. It further provides the status of its supply and demand and its comparison with US Mitigation Banking. The guide also highlights the practical lessons learned to inform the potential scaling and/or replication of this model. It is part of the "Revenues for Nature" (R4N) Guidebook Series, which supports the achievement of global biodiversity targets by sharing effective models for nature-based revenue generation.

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