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dc.titleAdvancing Ecosystem Accounting for Financing Protected Areas: Colombia Case Study
dc.contributor.authorAngarita, Héctor
dc.contributor.authorGoldstein, Jesse
dc.contributor.authorMandle, Lisa
dc.contributor.authorMoreno Miranda, Jaime
dc.contributor.authorVargas Rayo, Orlando
dc.contributor.authorDíaz Giraldo, Carolina
dc.contributor.authorVillalba Pardo, Fabián Dario
dc.contributor.authorDiaz Campos, Camilo
dc.contributor.authorBarbosa Rodriguez, Lina Vanessa
dc.contributor.editorCallau, Vanessa
dc.contributor.editorLlaguno, Duval
dc.contributor.editorKimbrell, Elana
dc.contributor.editorRuckelshaus, Mary
dc.contributor.editorWatson, Gregory
dc.contributor.editorWilson, Zoe
dc.contributor.orgunitBiodiversity and Natural Capital Unit
dc.coverageColombia
dc.date.available2025-10-23T00:10:00
dc.date.issue2025-10-23T00:10:00
dc.description.abstractThis document outlines the activities and results of the Colombian pilot project under a Regional Technical Cooperation (TC), “Transforming Policy and Investment through Mainstreaming Rapid Approaches for Natural Capital Assessment and Accounting.” This TC was funded by the Global Environmental Facility (GEF), implemented by the Inter-American Development Bank (IDB), and executed by Stanford University. The main beneficiaries and co-designers of this TC are the Colombian Ministry of Environment and Sustainable Development, the National Department of Statistics (DANE), the National Planning Department (DNP), and the technical work was led by the Stanford-based Natural Capital Project (NatCap). This work also received funding from the Gordon and Betty Moore Foundation. The main objective of this pilot project was to advance the design of financing mechanisms to strengthen Colombia's national system of protected areas (known as SINAP), as outlined in Colombia's National Biodiversity Strategy and Action Plan (NBSAP). The project developed an economic valuation of the flows of ecosystem services natures benefits to people from protected areas in the Northeastern Andes region to priority economic sectors (sanitation, energy, agriculture, tourism, and forestry) of several municipalities in Colombia (Tunja, Sogamoso, and Duitama). The team used he methodological and conceptual standards of the United Nations System of Environmental Economic Accounting-Ecosystem Accounting (SEEA-EA) to develop a replicable and scalable approach to valuing ecosystem services. This valuation provides a key input for equitable compensation and financing mechanisms, such as payments to rural land stewards or entities responsible for managing protected areas, to help them maintain the ecosystem services in support of the economic activities and population centers that rely on them.
dc.format.extent9
dc.identifier.doihttp://dx.doi.org/10.18235/0013735
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Advancing-Ecosystem-Accounting-for-Financing-Protected-Areas-Colombia-Case-Study.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Avances-en-la-contabilidad--ecosistemica-para-el-financiamiento--de-las-areas-protegidas-en-Colombia-Estudio-de-caso.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectMunicipal Government
dc.subjectEcosystem Service
dc.subjectProtected Area
dc.subjectInvestment
dc.subjectNatural Capital
dc.subjectBiodiversity Conservation
dc.subjectBiodiversity
dc.subjectWater and Sanitation
dc.subjectWage
dc.subjectInnovative Financing
dc.subject.jelcodeQ51 - Valuation of Environmental Effects
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.jelcodeQ57 - Ecological Economics: Ecosystem Services • Biodiversity Conservation • Bioeconomics • Industrial Ecology
dc.subject.jelcodeQ58 - Government Policy
dc.subject.keywordsecosystems;Protected areas;Natural capital;environmental economic accounting;Biodiversity
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-01110
idb.operationRG-T4141
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