Large areas in the Amazon region of Colombia have been transformed from native grasslands and/or gallery forest into low-productivity pasturelands for cattle or agricultural activities, leading to land degradation and soil erosion.
A new afforestation and reforestation project, Amazonia Nativa, is set to revert the development and plant an area of up to 7,500 hectares with native species in the form of hard wood and acai palms.
Together with the Dutch Development Finance Institution, FMO, IFU is co-financing the first phase of the project of 550 hectares that aims to prove the project design concept and be ready for the scale-up.
“The Amazonia Nativa project is very interesting and fits well with IFU’s aspiration to support climate action and greening the economy. We hope to see it evolve and become at project that can be commercialised and attract other investors as well.”
Jesper Kaspersen, Senior Investment Manager in IFU.
Watch the video above and learn more about the project