Strengthening the institutional and financial framework of Zero Deforestation Agreements in Colombia

Article of10 January 2024

1. History and context

In 2017, the Colombian government, in partnership with the Tropical Forest Alliance (TFA), launched the Zero Deforestation Agreements (ACDs in spanish) initiative as part of its commitments to reach zero deforestation by 2050. These voluntary agreements aim to mitigate the negative impacts of the beef, milk, palm oil, and cocoa industries on Colombian forests, particularly in the Amazon. 

Earlier this year, Expertise France, as part of the European Union’s EUROCLIMA program, commissioned Kinomé to strengthen the institutional and financial framework of Zero Deforestation Agreements in Colombia. This mission represents a fine challenge for Kinomé’s expertise in multi-stakeholder dialogue and the construction of strategies that follow a common ground capable of benefiting all the players involved. 

In concrete terms, Kinomé is committed to proposing a new institutional and financial itinerary to guarantee the sustainability of the Zero Deforestation Agreements. In addition, we will be co-constructing the foundations of a new strategy for territorializing the ACDs through Nature-Based Solutions and mixed financing models capable of giving rise to a new initiative against deforestation on the Amazon frontier. 

AZD Colombie Euroclima

Why sign ACDs? What role do they play in the fight against deforestation?

The ACDs provide a collaborative platform for companies to improve their impact, share knowledge and become part of a committed, responsible community. With the new European regulations against imported deforestation, Colombian companies can now find in the agreements an opportunity for support during this transitional period. European buyers, for their part, can identify companies that have already been engaged in the transition process for years, even before the new regulations were introduced. 

3. How can we make value chains sustainable and deforestation-free?

There is no single answer. Deforestation is a complex phenomenon involving a wide range of actors, including vulnerable populations in countries such as Colombia. At Kinomé, we propose strategies and projects that are entirely focused on the needs of local populations and the real conditions of the actors present in the territory. That’s why we’re committed to creating collective strategies that can connect green finance and businesses in the agricultural sector to provide multi-stakeholder solutions to complex problems. 

Today, this is what we want to achieve for the Colombian Amazon, by involving private sector companies and local associations in nature-based solutions and green finance projects.