Presentation by Caterin Riveros, Colombian Environment and Sustainable Development Department -National Planning Department, as part of the NAP Global Network's Targeted Topics Forum on “Troubleshooting for NAP implementation and building support for the NAP process through strategic communications” held in Stone Town, United Republic of Tanzania, in February 2019.

1. Colombia’s experience
engaging the private sector
Caterin Riveros
February 2019

2. What is the climate
hazard and
adaptation need to
be addressed?
Potential annual loss of 0,5% GDP
Changes in productivity: Agriculture most affected
Fishing
Forestry
Transportation
Agriculture
Livestock

3. 4. NAP Interinstitutional Committe
3. Coordinating bodies
• National Climate Change System (SISCLIMA)
• Climate Change Regional Nodes
• Intersectorial Commision of Climate Change
• National System for Management Desasters Risk (SNGRD)
Government has developed an institutional
framework for climate change
1. Strategic policy
• CONPES 3700 - Institutional strategy for policy and climate
change action articulation in Colombia (2011)
• National Policy on climate change (2016)
• Law on climate change (2018)
• National Development Plan (2019)
2. National programs
Climate
Finance
Strategy
Which actors
are been
involved in
addressing the
need (public
and private)
and how are
they been
engaged?

4. Which actors
are been
involved in
addressing the
need (public
and private)
and how are
they been
engaged?
2. International Cooperation
Private sector has involved/will engage in
different initiatives of adaptation
1. Climate finance opportunities
Communication Strategy for NAP
Green
Protocol
Asobancaria
Financial
innovation
pilots
Government
Financial
sector
Productive
sector
NAP
READINESS
PROGRAM
2020
• Regulatory gap analysis for private
sector involvement
• Develop 2 concept notes for setting up
business cases for private adaptation

5. Which actors
are been
involved in
addressing the
need (public
and private)
and how are
they been
engaged?
Private sector has involved/will engage in
different initiatives of adaptation
NAP READINESS PROGRAM 2020
• Implementing Agency:

6. Why have the
private sector
invested in
adaptation?
The economy has been affected by the recent
El Niño and La Niña phenomenon
La Niña 2010 – 2011
cost3,7 billion dollars
was the total damages
to physical assets and
capital stock
El Niño 2015 – 2016
cost1 billion dollars
was the impact on
national production
• Between 2011-2015, the private sector invested around
86 million dollars in adaptation.
19%
57%
23%
Adaptation
Mitigation
Both
Source: DNP, 2018

7. What are the
‘co-benefits’ or
risks associated
with taking
action?
• Improve efficiency of private sector
companies.
• Improve competitiveness and productivity,
and meet Green Growth targets.
• Integrate disaster risk management and
climate change adaptation in private sector
planning
• Maladaptation.
• Difficulties in reporting, monitoring and
evaluating private sector actions and
results.
• Loss of interest in addressing urgent
social vulnerabilities on behalf of private
interests.
Potential
co-benefits
Potential
risks

8. Caterín Riveros
Environment and Sustainable Development Department
National Planning Department
Dnp.gov.co