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Promoting the Development of Resilient Cities in Colombia

Abstract*

Between 2004 and 2018, Colombia experienced 15 years of sustained economic growth and substantial gains in poverty reduction withsubnational governments playing a strategic role. Since 2018, poverty and inequality in Colombia have increased–now exacerbated bythe COVID-19 pandemic–and rapid urbanization has been characterized by informality in land and housing tenure, as well as ineconomic activity. Furthermore, while poverty rates are still higher...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve service delivery and access to basic services by financing resilient infrastructure investment by subnational entities and service providers.

Key Details

Project Details

  • P176489

  • Dropped

  • Alexander Agosti , Vanessa Alexandra Velasco Bernal

  • Financiera de Desarrollo Territorial S.A. (Findeter)

  • Colombia

  • November 16, 2021

  • (as of board presentation)

    N/A

  • N/A

  • US$ 150.00 million

  • Financiera de Desarrollo Territorial S.A. (Findeter)

  • Latin America and Caribbean

  • 2023

  • US$ 150.00 million

  • N/A

  • Substantial

  • April 20, 2027

  • TBD

  • CONCEPT REVIEW

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 150.00
IDA Commitment N/A
IBRD + IDA Commitment 150.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 150.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.