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Development of an ESMS and Green Line for Bancoldex (Colombia – BANCOLDEX)

BENEFICIARY:

Bancoldex - Banco de desarrollo empresarial

COUNTRY: Colombia

PROJECT: Development of an ESMS and Green Line for Bancoldex (Colombia – BANCOLDEX)

DESCRIPTION: The objective of the program was to support BANCOLDEX in designing and implementing its Environmental and Social Risks Management System (ESMS), in the context of a loan operation from the IDB. The objective was met in mid-2013. BANCOLDEX operates a full-fledged ESMS and is entering a second phase of continuous improvement of the system: it is considering lowering the minimum levels of application and developing an online workflow to improve processes (December 2016).

INICIATIVE: ESG - Financial Mechanisms for Sustainable Energy - Green Finance - 

SOURCE AND AMOUNT:

  • IDB $150,000

PROJECT TYPE: Technical Cooperation

OPERATION NUMBER: CO-T1198

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