Close panel

  • Home
  • Publications
  • Who we are
  • Big Data
  • Forecasts
    Searcher

    Published on Friday, October 18, 2024 | Updated on Monday, October 28, 2024

    Colombia | The forest, a lever for sustainable development in Colombia

    Summary

    Deforestation in Colombia is unsustainable environmentally, economically, and socially. Reversing it requires strengthening land ownership and usage systems, promoting sustainable development, and assigning value to natural assets. Coordination between public policies and the private sector is essential.

    Key points

    • Key points:
    • Deforestation in Colombia’s forests is environmentally and economically unsustainable. Each year, the country loses between 200,000 and 300,000 hectares of forest cover, often due to the expansion of agriculture and livestock, illegal mining, or illicit crops, with significant variation in their respective impact across departments, ecosystems, and municipalities. This forest destruction not only harms the environment but also negatively affects the economic and social development of the affected communities.
    • Reversing deforestation requires boosting economic development opportunities through policies that leverage three key tools. First, by strengthening land ownership and usage regulations without incentivizing exploitative practices. It's also crucial to promote responsible land use in high-risk areas through strategies consistent with environmental sustainability, while fostering higher productivity in areas designated for economic exploitation through the provision of public goods (security, infrastructure), logistical solutions, and financial support in coordination with the private sector.
    • Eliminating deforestation demands coordinated action across multiple public policies with a long-term vision to align the behavior of communities and the private sector. Financing these policies requires finalizing and aligning the various available instruments—including environmental tools such as carbon taxes, tradable emission permits, and voluntary markets—to achieve the goal of eradicating deforestation.

    Geographies

    Authors

    Julián Cubero BBVA Research - Lead Economist
    Nara González BBVA Research
    Rafael Ortiz Durán BBVA Research - Economist
    Alejandro Reyes González BBVA Research - Principal Economist
    Juana Téllez BBVA Research - Chief Economist

    Documents and files

    Video (YouTube)

    The forest, a lever for sustainable development in Colombia

    Spanish - October 18, 2024

    Presentation (PDF)

    Colombia-_-El-Bosque-palanca-de-desarrollo-sostenible-vf.pdf

    Spanish - October 18, 2024

    Report (PDF)

    Colombia-_-El-bosque-palanca-de-desarrollo-sostenible-en-Colombia-1.pdf

    Spanish - October 18, 2024

    Presentation (PDF)

    Colombia-_-The-forest-a-lever-for-sustainable-development-in-Colombia.pdf

    English - October 18, 2024

    Report (PDF)

    EW-The-forest-a-lever-for-sustainable-development-in-Colombia.pdf

    English - October 18, 2024

    Podcast (MP3)

    The forest, a lever for sustainable development in Colombia

    Spanish - October 18, 2024

    New comment

    Be the first to add a comment.

    Load more

    You may also be interested in