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Good practice

Cuenca Verde — Medellín Water Fund (Colombia)

Colombia · Medellín · See the Colombia profile

Multi-stakeholder water fund linking EPM, Coca-Cola, Postobon, IDB and TNC to pay upstream farmers for watershed conservation across 23,000 priority hectares, securing water supply for 3.7 million Aburrá Valley residents. In ten years: 6,500 ha conserved, 512 families paid, 500+

$23M
Partnership value
23,000 ha
Watershed targeted
6,500 ha
Area conserved (10 years)
512
Families paid
500+
Protection agreements
Cuenca Verde — Medellín Water Fund (Colombia)

Details

Maturity
Established
Promoter
Corporación CuencaVerde / Empresas Públicas de Medellín (EPM)
Period
2011–present
Keywords
water utility, conservation finance, corporate partnership, development banking

Context

Cuenca Verde is a $23M public-private water fund linking EPM, Coca-Cola, Postobon, the IDB and TNC to pay upstream farmers for conserving 23,000 ha of watershed, securing water for 3.7M residents of the Aburra Valley.

Results

Over ten years it has conserved 6,500 ha, paid 512 families and signed more than 500 protection agreements.

Implementation

Implementation detail (cost, timeline, staffing, conditions for success) is not yet available for this practice.

Data sources

Where this practice's information was retrieved from, and when.

Attachments

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