The Territorial Development Bank (Findeter) from the Government of Colombia has announced the formalization of its accreditation to the Green Climate Fund. During the accreditation process, Findeter has met the requirements of high standards in the management of environmental and social risks.

This accreditation will allow Findeter to directly access resources for the financing of projects that will contribute to the mitigation and adaptation to climate change. Findeter may request between 10 million and 50 million dollars to implement or finance initiatives that generate positive impacts in terms of climate action, as well as directly access international cooperation resources, credits and guarantees.