Fondo Acción: Catalytic capital at the service of nature and local communities in Colombia
In a country characterized at once by a rich biodiversity, deep territorial gaps, and a growing exposure to the effects of climate change, such as Colombia, one of the main challenges has been the lack of sustainable, stable, and long term funds forinitiatives aimed at conservation, sustainable production, and resilience in communities. Over the years, Fondo Acción has provided answers to this challenge not only by financing projects, but also, by designing a diverse financial architecture that includes equity accounts, rotation funds, blended mechanisms, payments for environmental services, impact investment, and climate insurances. In many of these instruments, the provision of catalytic capital has been the key component for unlocking additional resources, aligning incentives, and enabling the participation of several stakeholders.
