Introducing green investments into Colombia’s works-for-taxes mechanism: A peacebuilding project in Belén de los Andaquíes

The Bioversity-CIAT Alliance helped integrate green business projects into Colombia’s Works-for-Taxes mechanism, enabling investments in low-emission food systems through cocoa agroforestry in conflict-affected Belén de los Andaquíes. This model allows companies to offset taxes by investing in susta...

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Bibliographic Details
Main Authors: Castro Nunez, Augusto Carlos, Borda Almanza, Carlos Andrés, Amahnui, George Amenchwi, Vanegas Cubillos, Martha Cristina
Format: Case Study
Language:Inglés
Published: 2024
Subjects:
Online Access:https://hdl.handle.net/10568/173636
Description
Summary:The Bioversity-CIAT Alliance helped integrate green business projects into Colombia’s Works-for-Taxes mechanism, enabling investments in low-emission food systems through cocoa agroforestry in conflict-affected Belén de los Andaquíes. This model allows companies to offset taxes by investing in sustainable projects that replace illicit economies and restore land. The pilot’s success paves the way for expanding similar initiatives, increasing funding for low-emissions development in Colombian regions impacted by deforestation and conflict.