According to the World Bank Group, Colombia has been one of the emerging markets with the best economic performance in Latin America.
(Effective green transition, factor of change in Latin America).
However, the report also analyzes that despite being one of the 12 countries classified as megadiverse and where almost 10% of the world’s known species reside, Colombians are aware that economic growth must be balanced with conservation. environmental.
In turn, the nation pledged to reduce greenhouse gas emissions by 51% by 2030 and to work toward achieving carbon neutrality by 2050. Also, In 2021, the country issued the first sovereign green bonds in the local market, for an amount of $1.5 trillion, with a 10-year maturity.
For his part, Peter Siegenthaler, manager in charge of World Bank operations in Colombia, stated that the WBG, “has been a long-standing partner of Colombia on its journey to protect its biodiversity, adapt to climate change, and advance its ambitious commitments to reduce greenhouse gas emissions.”
(In 2040 Manizales would be the most sustainable city).
Finally, by creating a regulatory environment for sustainable financing, Colombia established solid foundations to achieve climate and biodiversity conservation goals, the World Bank reported.
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