Boost investments for post conflict territories to reduce development gap in Colombia - FINDETER II

The project was meant to be a pilot operation of European cooperation to support the peace process in Colombia through a common initiative led by AFD to boost investment in post-conflict municipalities.

The operation was the result of discussions with the Colombian Financial Corporation for the Territorial Development S.A (FINDETER) and the experience accumulated through the first LACIF program with FINDETER I. The operation was meant to offer a credit facility to finance territorial development in post-conflict areas. The programme should have provided technical assistance and investments in priority areas selected by the Colombian government through the local Development Programs with a Territorial Focus (PDET - Programas de Desarrollo con Enfoque Territorial). However, AFD and Findeter were not in capacity to implement any activities as the COVID crisis became a priority for the Colombian Government.