Colombia is taking a global leadership role in developing an economy-wide, whole-of-government low emission development strategy (LEDS). The LEDS—called Estrategia Colombiana de Desarollo Bajo en Carbono (ECDBC)—identifies climate change mitigation opportunities and their associated economic costs and benefits through 2040. Through the EC-LEDS program, Colombia with support from the U.S. government is working to implement the country's ECDBC.

 

Environmental/Economic Data

Pie chart image entitled, "Colombia GDP by Sector (2015)," showing: Agriculture 7%, Services 59%, and Industry 34%

Top Three GHG Emitting Sectors (2012)

  1. Energy
  2. Agriculture
  3. Land Use

Source: World Resources Institute  

GDP Average Annual Growth Rate (%)

  • 10-year (2006-2015): 4.6% per year
  • 5-year (2011-2015): 4.6% per year

Source: World Bank

GHG Emission Growth (%)

  • 20-year (1993-2012): 19.0%
  • 5-year (2008-2012): 4.0%

Source: World Resources Institute 

Forested Area (% of total land area)

  • 2015: 52.7%

Source: World Bank

Renewable Energy Contribution to Electricity Generation (%)

EC-LEDS Activities

Accomplishments and Progress

Clean Energy Policy Design Supported. With technical assistance from the EC-LEDS program clean energy experts, Colombia enacted a new law to promote the integration of renewable energy resources in non-connected areas. It increases financial incentives such as income tax and value added tax reductions; allows for self- and cogeneration and bidirectional metering; and establishes the Non-Conventional Energies and Energy Efficiency Fund. The enactment of this law is a huge step in transforming Colombia´s institutional framework and promoting economic incentives needed to stimulate private sector investment in renewable energy and energy efficiency projects. – 2014

 

Sustainable Transportation Facilitated. The EC-LEDS program partnered with Colombia to leverage $20 million in international funding for transit-oriented development. Focused on mitigation action and finance at the national level and implementation at the city level, this work will shift where public and private investments are made in order to increase environmental, economic, and social returns on Colombia’s transit and social housing development. – 2014

Institutions Strengthened. Led by dedicated climate staff, sponsored and trained by the EC-LEDS program, five ministries—Agriculture, Industry, Electricity, Oil and Gas, Housing and Planning—finalized Sectoral Mitigation Action Plans (SMAPs) that identify specific policies and plans for reducing emissions for inclusion in the new Colombian National Development Plan 2014-2018. – 2014