BENEFICIARY NAME:

Bancoldex - Banco de desarrollo empresarial

COUNTRY: Colombia

SCOPE: Development of an ESMS and Green Line for Bancoldex (Colombia – BANCOLDEX)

DESCRIPTION: The objective of the program was to support BANCOLDEX in designing and implementing its Environmental and Social Risks Management System (ESMS), in the context of a loan operation from the IDB. The objective was met in mid-2013. BANCOLDEX operates a full-fledged ESMS and is entering a second phase of continuous improvement of the system: it is considering lowering the minimum levels of application and developing an online workflow to improve processes (December 2016).

SECTOR: Safeguards

PROGRAM: ESRM

SOURCE AND AMOUNT:

• IDB $150,000

PROJECT TYPE: Technical Cooperation

OPERATION NUMBER: CO-T1198

RELATED OPERATIONS: CO-X1007, CO-L1161