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	<title>cundinamarca &#8211; Finance Colombia</title>
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	<description>Connecting Colombia to the global capital markets, analysts, economists, investors, and executives that matter</description>
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	<title>cundinamarca &#8211; Finance Colombia</title>
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	<item>
		<title>Colombia Contracts Parametric Insurance to Protect 14,402 Smallholder Farmers Ahead of El Niño</title>
		<link>https://www.financecolombia.com/colombia-contracts-parametric-insurance-to-protect-14402-smallholder-farmers-ahead-of-el-nino/</link>
		
		<dc:creator><![CDATA[Suzanne Latre]]></dc:creator>
		<pubDate>Wed, 19 Aug 2026 22:57:11 +0000</pubDate>
				<category><![CDATA[BFSI - Financial Services]]></category>
		<category><![CDATA[agricultural insurance]]></category>
		<category><![CDATA[agricultural risk management]]></category>
		<category><![CDATA[Agriculture]]></category>
		<category><![CDATA[AXA Climate]]></category>
		<category><![CDATA[chocó]]></category>
		<category><![CDATA[climate adaptation]]></category>
		<category><![CDATA[climate resilience]]></category>
		<category><![CDATA[Climate Risk]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[Córdoba]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[drought insurance]]></category>
		<category><![CDATA[el niño]]></category>
		<category><![CDATA[Farming]]></category>
		<category><![CDATA[finagro]]></category>
		<category><![CDATA[food security]]></category>
		<category><![CDATA[Guy Carpenter]]></category>
		<category><![CDATA[IDF]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[Insurance Development Forum]]></category>
		<category><![CDATA[InsuResilience Solutions Fund]]></category>
		<category><![CDATA[ISF]]></category>
		<category><![CDATA[La Previsora]]></category>
		<category><![CDATA[MADR]]></category>
		<category><![CDATA[meta]]></category>
		<category><![CDATA[Ministry of Agriculture and Rural Development]]></category>
		<category><![CDATA[munich re]]></category>
		<category><![CDATA[parametric insurance]]></category>
		<category><![CDATA[Raincoat]]></category>
		<category><![CDATA[smallholder farmers]]></category>
		<category><![CDATA[sucre]]></category>
		<category><![CDATA[Swiss Re]]></category>
		<category><![CDATA[undp]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=38570</guid>

					<description><![CDATA[Colombia has launched parametric agricultural insurance covering 14,402 smallholder farmers across five departments....]]></description>
										<content:encoded><![CDATA[<h2 class="PDq2pG_selectionAnchorContainer" data-section-id="1xkcu6z" data-start="98" data-end="204">Five departments gain satellite-triggered agricultural insurance as Colombia prepares for climate risks</h2>
<p data-start="206" data-end="643">Colombia&#8217;s national government has contracted five parametric agricultural insurance policies covering 14,402 smallholder farmers across Sucre, Córdoba, Cundinamarca, Meta and Chocó, with protection extending to as many as 41,600 people in farming households. The policies provide up to $20.14 million in coverage against drought and excess rainfall as Colombia prepares for the anticipated effects of El Niño in the second half of 2026.</p>
<p data-start="645" data-end="817">The policies took effect August 1, 2026, giving participating departments a financial mechanism designed to respond more quickly when severe weather thresholds are reached.</p>
<blockquote data-start="819" data-end="1182">
<p data-start="821" data-end="1182">“Preparing for El Niño means acting before disasters strike. Through this collaboration between the national government, the five participating departments and international partners, we are providing smallholder farmers with the financial protection they need to manage climate risks and protect their livelihoods.” &#8211; Lucy Inés García Montes, Governor of Sucre</p>
</blockquote>
<p data-start="1184" data-end="1423">The initiative is led by the <a class="decorated-link" href="https://www.minagricultura.gov.co/" target="_new" rel="noopener" data-start="1213" data-end="1296">Ministry of Agriculture and Rural Development</a> (MADR) and <a class="decorated-link" href="https://www.finagro.com.co/" target="_new" rel="noopener" data-start="1308" data-end="1346">FINAGRO</a>, in coordination with the governments of the five participating departments.</p>
<p data-start="1425" data-end="1851">The program was delivered through the Tripartite Agreement Programme, a public-private partnership involving the <a class="decorated-link" href="https://www.insdevforum.org/" target="_new" rel="noopener" data-start="1538" data-end="1597">Insurance Development Forum</a> (IDF), the United Nations Development Programme (UNDP) and Germany&#8217;s Federal Ministry for Economic Cooperation and Development (BMZ), with financing channeled through the <a class="decorated-link" href="https://insuresilience-solutions-fund.org/" target="_new" rel="noopener" data-start="1769" data-end="1844">InsuResilience Solutions Fund</a> (ISF).</p>
<h3 data-section-id="2dpu9k" data-start="1853" data-end="1887">How parametric insurance works</h3>
<p data-start="1889" data-end="2109">Unlike conventional agricultural insurance, which generally requires an assessment of physical losses before a claim can be paid, the policies use a satellite-derived Water Balance Index monitored at the municipal level.</p>
<p data-start="2111" data-end="2425">The index compares current conditions with historical data to identify periods of severe drought or excess rainfall. When predetermined thresholds are exceeded, payments are triggered automatically, potentially allowing affected farmers to receive financial support without waiting for individual loss assessments.</p>
<p data-start="2427" data-end="2786">The product was co-designed by MADR with an IDF-member consortium comprising <a class="decorated-link" href="https://www.guycarp.com/" target="_new" rel="noopener" data-start="2504" data-end="2545">Guy Carpenter</a>, <a class="decorated-link" href="https://www.swissre.com/" target="_new" rel="noopener" data-start="2547" data-end="2583">Swiss Re</a>, <a class="decorated-link" href="https://climate.axa/" target="_new" rel="noopener" data-start="2585" data-end="2620">AXA Climate</a>, <a class="decorated-link" href="https://www.munichre.com/" target="_new" rel="noopener" data-start="2622" data-end="2660">Munich Re</a>, insurtech company <a class="decorated-link" href="https://www.raincoat.com/" target="_new" rel="noopener" data-start="2680" data-end="2717">Raincoat</a> and Colombian insurer <a class="decorated-link" href="https://www.previsora.gov.co/" target="_new" rel="noopener" data-start="2740" data-end="2785">La Previsora</a>.</p>
<p data-start="2788" data-end="2931">The consortium members and ISF co-financed the initiative, while the first-year premium was jointly funded by the Colombian government and ISF.</p>
<h3 data-section-id="nwpjdv" data-start="2933" data-end="2983">First departmental use of parametric insurance</h3>
<p data-start="2985" data-end="3170">The program represents the first use of parametric insurance by departmental governments in Colombia as a tool for agricultural risk management, according to the organizations involved.</p>
<p data-start="3172" data-end="3516">For participating departments, the coverage is intended to provide a source of rapid financing following severe climate events while reducing reliance on emergency public funds. The initiative is also designed to establish the technical, legal and financial foundations for expanding parametric agricultural insurance to additional departments.</p>
<p data-start="3518" data-end="3769">José Fernando Sánchez, senior vice president of Guy Carpenter Colombia and an IDF member, said the consortium&#8217;s participation demonstrated the potential of public-private collaboration to protect livelihoods and strengthen Colombia&#8217;s insurance market.</p>
<p data-start="3771" data-end="3967">Dr. Annette Detken, head of the InsuResilience Solutions Fund, said climate-risk insurance can help smallholder farmers and rural communities recover more quickly from drought and excess rainfall.</p>
<p data-start="3969" data-end="4284">The <a class="decorated-link" href="https://www.undp.org/" target="_new" rel="noopener" data-start="3973" data-end="4002">UNDP</a> worked with MADR and FINAGRO to integrate the insurance policies into Colombia&#8217;s broader agricultural risk-management framework. Its work included supporting product development and strengthening the institutional capacity of departmental governments to adopt parametric insurance.</p>
<p data-start="4286" data-end="4667">The program comes as Colombia seeks to strengthen financial tools for managing agricultural exposure to increasingly volatile weather conditions. By using predefined climate indicators rather than conventional claims assessments, parametric coverage is designed to provide liquidity soon after a qualifying event and help farmers maintain their livelihoods and productive capacity.</p>
<h3 data-section-id="1g9u54t" data-start="4669" data-end="4716">Building a model for climate-risk financing</h3>
<p data-start="4718" data-end="4967">The five policies cover farmers in departments with different agricultural profiles and climate exposures, creating a multi-region test of how satellite-based insurance can operate within Colombia&#8217;s decentralized agricultural risk-management system.</p>
<p data-start="4969" data-end="5191">The initiative&#8217;s backers say the experience could provide a foundation for scaling parametric insurance to other parts of the country, while building local government capacity to identify, finance and manage climate risks.</p>
<p data-start="5193" data-end="5541">For smallholder farmers, the immediate benefit is financial protection against weather events that can damage crops and undermine household income. For governments and insurers, the program offers a way to shift part of the financial burden of climate-related agricultural losses away from emergency response and toward pre-arranged risk financing.</p>
<p data-start="5543" data-end="5808">The <a class="decorated-link" href="https://www.insdevforum.org/" target="_new" rel="noopener" data-start="5547" data-end="5606">Insurance Development Forum</a> is a public-private partnership co-chaired by UNDP and the World Bank Group that brings insurance expertise together with public policy and development priorities to strengthen resilience to disasters.</p>
<p style="text-align: right;" data-start="5543" data-end="5808">Headline photo by Frank Meriño via Pexels)</p>
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			</item>
		<item>
		<title>Colombia&#8217;s Financial Regulator Proposes Emergency Relief Rules for Earthquake-Affected Borrowers and Insurance Claimants</title>
		<link>https://www.financecolombia.com/colombias-financial-regulator-proposes-emergency-relief-rules-for-earthquake-affected-borrowers-and-insurance-claimants/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Thu, 13 Aug 2026 16:00:34 +0000</pubDate>
				<category><![CDATA[BFSI - Financial Services]]></category>
		<category><![CDATA[abelardo de la espriella]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[caldas]]></category>
		<category><![CDATA[cauca]]></category>
		<category><![CDATA[cesantias]]></category>
		<category><![CDATA[chocó]]></category>
		<category><![CDATA[circular externa]]></category>
		<category><![CDATA[Colombia earthquake]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[debt relief]]></category>
		<category><![CDATA[Decreto 1171]]></category>
		<category><![CDATA[Decreto 2555 de 2010]]></category>
		<category><![CDATA[Estatuto Organico del Sistema Financiero]]></category>
		<category><![CDATA[financial consumer protection]]></category>
		<category><![CDATA[huila]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[insurance claims]]></category>
		<category><![CDATA[Ley 1523 de 2012]]></category>
		<category><![CDATA[national disaster]]></category>
		<category><![CDATA[norte de santander]]></category>
		<category><![CDATA[pension funds]]></category>
		<category><![CDATA[public comment]]></category>
		<category><![CDATA[putumayo]]></category>
		<category><![CDATA[Quindío]]></category>
		<category><![CDATA[refinancing]]></category>
		<category><![CDATA[risaralda]]></category>
		<category><![CDATA[San José del Palmar]]></category>
		<category><![CDATA[severance funds]]></category>
		<category><![CDATA[sfc]]></category>
		<category><![CDATA[superintendencia de industria y comercio]]></category>
		<category><![CDATA[Superintendencia Financiera de Colombia]]></category>
		<category><![CDATA[Tolima]]></category>
		<category><![CDATA[ungrd]]></category>
		<category><![CDATA[Unidad Nacional para la Gestión del Riesgo de Desastres]]></category>
		<category><![CDATA[valle del cauca]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=38556</guid>

					<description><![CDATA[The draft rules would let banks stretch loan terms, waive default fees and fast-track insurance payouts for quake survivors....]]></description>
										<content:encoded><![CDATA[<h2 class="subhead">SFC gives finance industry two business days to comment on quake relief plan</h2>
<p>Colombia&#8217;s <a href="https://www.superfinanciera.gov.co/" target="_blank" rel="noopener"><em>Superintendencia Financiera de Colombia</em></a> (Financial Superintendency of Colombia, or SFC) has published for public comment a draft external circular that would give banks, insurers and other supervised financial institutions temporary instructions to assist consumers affected by the magnitude 7.4 earthquake that struck the country on August 10, 2026. The comment period, open since August 12, closes at 11:59 p.m. on August 14, 2026, giving industry and the public a two-business-day window to respond, according to the draft text and the SFC&#8217;s own consultation record.</p>
<p>The earthquake, with an epicenter in the municipality of San José del Palmar in Chocó department and a depth of 96 kilometers, triggered 991 additional seismic events within a 900-kilometer radius, according to figures cited in the SFC&#8217;s draft circular, including 115 in the magnitude 5.0-to-5.9 range, 18 between magnitude 6.0 and 6.9, and three exceeding magnitude 7.0. The national government declared a state of national disaster the following day, August 11, through Decree 1171, covering Antioquia, Caldas, Cauca, Chocó, Quindío, Cundinamarca, Risaralda, Huila, Valle del Cauca, Tolima, Putumayo, Norte de Santander and other affected territories for an initial 12 months, renewable for an equal term, as <a href="https://www.financecolombia.com/colombia-declares-national-disaster-after-magnitude-7-4-earthquake-kills-at-least-111/" target="_blank" rel="noopener">Finance Colombia reported</a> at the time.</p>
<h3>Death toll still climbing</h3>
<p>As of the evening of August 12, Colombian President Abelardo De La Espriella cited a balance from the <a href="https://portal.gestiondelriesgo.gov.co/" target="_blank" rel="noopener"><em>Unidad Nacional para la Gestión del Riesgo de Desastres</em></a> (National Unit for Disaster Risk Management, or UNGRD) showing a toll that had continued to climb since the quake struck two days earlier.</p>
<blockquote><p>&#8220;We have 25,872 affected families, 53,816 people, sadly 265 dead, 3,494 injured, and the number of missing has risen alarmingly to 496.&#8221;<cite>— Colombian President Abelardo De La Espriella, citing the UNGRD balance, August 12, 2026</cite></p></blockquote>
<p>The same balance reported 11,347 homes destroyed and 53,526 damaged, 140 buildings collapsed, and 1,819 schools and 631 community centers affected. Earlier counts from the same day had put the toll lower, underscoring that the figures remained provisional; international search-and-rescue teams, coordinated by UNGRD, were still arriving as of August 13 to assist Colombian personnel, and officials have cautioned the toll is likely to keep rising.</p>
<p>Colombia&#8217;s disaster management law, <em>Ley 1523 de 2012</em>, activates a special legal regime once a national disaster is declared, including articles 86 and 87, which allow affected debtors to seek refinancing of existing obligations. The SFC&#8217;s draft circular says it is exercising its instruction authority under the <em>Estatuto Orgánico del Sistema Financiero</em> (Organic Statute of the Financial System) and Decree 2555 of 2010 to translate that legal framework into binding instructions for the institutions it supervises.</p>
<h3>Refinancing terms for affected borrowers</h3>
<p>Under the draft measures, lending institutions would be required to adopt refinancing programs for borrowers affected by the disaster, subject to conditions drawn directly from the 2012 law: refinancing would apply only to obligations contracted before August 10, 2026, with payments due on or after that date; the new loan term could not exceed double the remaining term or 20 years, whichever is shorter; refinanced terms could not be more burdensome than the original ones; and borrowers would have to apply while the disaster declaration remains in force. No interest or late fees would accrue between the disaster declaration and the completion of the renegotiation, a period the draft caps at 90 days. Lenders could also offer additional voluntary relief, such as grace periods or special interest rates, provided the terms are no more burdensome for the consumer and the measures are not applied as a blanket restructuring practice rather than case-by-case review.</p>
<p>Credits refinanced under the program would keep the risk rating they carried before the disaster was declared, with credit-bureau reporting frozen for up to 12 months after the refinancing is completed, and the draft specifies the refinancing would not count as a modification or restructuring for prudential reporting purposes. Lenders would also be permitted to use alternative data sources to assess a borrower&#8217;s future repayment capacity, accounting for the likely economic recovery of the borrower&#8217;s sector.</p>
<h3>Insurers, fund managers and severance withdrawals</h3>
<p>Insurance companies would be required to establish expedited claims and payment channels for policyholders in affected areas, prioritize payment of healthcare providers&#8217; invoices tied to the disaster, and adopt policies to facilitate premium payments, including for policies unrelated to credit operations. Trust companies and brokerage firms would be asked to evaluate mechanisms to speed redemptions from open-end investment funds without a minimum holding period, and to consider waiving early-redemption penalties for funds that carry one, for consumers affected by the disaster. Severance-fund administrators would be instructed to expedite housing-related severance withdrawals for affected members, within the bounds of Colombia&#8217;s existing severance-withdrawal rules.</p>
<p>The draft also directs supervised entities more broadly to maintain continuity of financial services where security conditions allow, disclose any changes to branch hours or closures, strengthen digital channels, and activate business-continuity plans in affected zones; to clearly publicize the terms of any relief programs; and to set up priority service channels for complaints and claims tied to the disaster. The SFC said it would establish its own priority contact channel to help affected consumers navigate complaints against supervised entities.</p>
<p>In its internal cost-benefit review, the SFC&#8217;s research and analysis unit found no reason to delay the proposal, concluding that reduced default risk, faster insurance payouts and improved liquidity access for affected consumers would outweigh the compliance costs institutions face in adapting systems, training staff and expanding service channels. The regulator said the draft requires no new budget appropriations and can be implemented with existing staff and technology. It also said a competition-impact questionnaire it completed under Colombia&#8217;s competition-advocacy rules returned entirely negative responses, meaning no referral to the <em>Superintendencia de Industria y Comercio</em> (Superintendency of Industry and Commerce) was required.</p>
<h3>A two-day window, and a toll still being counted</h3>
<p>The SFC set the unusually short two-business-day comment window under an exception in Colombian regulatory procedure that allows shortened public consultation periods when a rule responds to urgent, unforeseeable circumstances. The regulator said the scale of the disaster and the need for a prompt, uniform response from the financial sector justified the shortened timeline. Comments can be submitted using a standard form referencing filing number 2026182440, by email to normativa@superfinanciera.gov.co or in writing to the SFC&#8217;s deputy director of regulation. If adopted, the circular would take effect upon publication and would remain in force for as long as the national disaster declaration stands, though any relief already granted to consumers would continue on its own terms after the circular expires.</p>
<p>Colombia has also drawn <a href="https://www.financecolombia.com/colombia-draws-1-3-billion-in-international-pledges-after-deadly-earthquake/" target="_blank" rel="noopener">$1.3 billion USD in international pledges</a> since the earthquake struck. The comment window closes before search-and-rescue operations are expected to conclude, and the casualty figures the SFC cites as justification for the rule are themselves preliminary and likely to keep changing.</p>
<p style="text-align: right;">Above photo &#8211; Damage in Pereira, Colombia (Photo: Vance Campbell)</p>
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		<item>
		<title>Colombia Selects Eight Municipalities for UN Tourism’s Best Tourism Villages 2026 Nomination</title>
		<link>https://www.financecolombia.com/colombia-selects-eight-municipalities-for-un-tourisms-best-tourism-villages-2026-nomination/</link>
		
		<dc:creator><![CDATA[Suzanne Latre]]></dc:creator>
		<pubDate>Wed, 08 Jul 2026 16:13:05 +0000</pubDate>
				<category><![CDATA[Travel & Hospitality]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[atlantico]]></category>
		<category><![CDATA[Best Tourism Villages]]></category>
		<category><![CDATA[caldas]]></category>
		<category><![CDATA[Colombia tourism]]></category>
		<category><![CDATA[Consacá]]></category>
		<category><![CDATA[country of beauty]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[Diana Marcela Morales Rojas]]></category>
		<category><![CDATA[el dorado]]></category>
		<category><![CDATA[el peñon]]></category>
		<category><![CDATA[huila]]></category>
		<category><![CDATA[Jericó]]></category>
		<category><![CDATA[Julio Flórez]]></category>
		<category><![CDATA[Lake Guatavita]]></category>
		<category><![CDATA[Marulanda]]></category>
		<category><![CDATA[Ministry of Commerce Industry and Tourism]]></category>
		<category><![CDATA[Nariño]]></category>
		<category><![CDATA[Norcasia]]></category>
		<category><![CDATA[Paicol]]></category>
		<category><![CDATA[páramo ecosystems]]></category>
		<category><![CDATA[rural tourism]]></category>
		<category><![CDATA[santander]]></category>
		<category><![CDATA[sesquilé]]></category>
		<category><![CDATA[UN Tourism]]></category>
		<category><![CDATA[usiacuri]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=37682</guid>

					<description><![CDATA[From the Galeras volcano to Lake Guatavita, the finalists span coffee country, high-mountain páramos, and Caribbean artisan towns....]]></description>
										<content:encoded><![CDATA[<h2>Eight towns advance to UN Tourism&#8217;s international nomination round</h2>
<p data-start="419" data-end="741">The <a href="https://www.mincit.gov.co/">Colombian Ministry of Commerce</a>, Industry and Tourism (MinCIT) has completed the national evaluation stage to select the country’s candidates for the <a href="https://www.unwto.org/tourism-villages/en/">UN Tourism Best Tourism Villages 2026</a>. This initiative is a global program that recognizes rural destinations for cultural preservation, sustainability, and tourism development.</p>
<p data-start="743" data-end="965">From an initial pool of 27 municipalities across 13 departments, eight were selected to advance to Colombia’s official international nomination phase, which will be submitted by the ministry’s technical team to UN Tourism.</p>
<blockquote>
<p data-start="967" data-end="1359">&#8220;Twenty-seven municipalities from 13 departments participated, with proposals that reflect the diversity, richness, and commitment of Colombia&#8217;s rural territories.&#8221; &#8211; Diana Marcela Morales Rojas, Minister of Commerce, Industry and Tourism</p>
</blockquote>
<p data-start="967" data-end="1359">The Minister added that the selection process had a technical evaluation and qualitative assessment before identifying the final eight candidates.</p>
<p data-start="967" data-end="1359">The Best Tourism Villages initiative, led by UN Tourism, recognizes rural destinations that preserve their cultural and natural heritage. the goal is to use tourism to support sustainable economic and social development.</p>
<p data-start="967" data-end="1359">The eight shortlisted municipalities now move to the international nomination stage, where they will represent Colombia in UN Tourism&#8217;s annual selection process.</p>
<div id="attachment_37691" style="width: 384px" class="wp-caption alignleft"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-37691" class="wp-image-37691 size-thumbnail" src="https://www.financecolombia.com/wp-content/uploads/2026/06/1.-Consaca-Narino-Alcaldia-374x250.jpg" alt="Consaca in Narino (Photo: Alcaldía)" width="374" height="250" srcset="https://www.financecolombia.com/wp-content/uploads/2026/06/1.-Consaca-Narino-Alcaldia-374x250.jpg 374w, https://www.financecolombia.com/wp-content/uploads/2026/06/1.-Consaca-Narino-Alcaldia-718x480.jpg 718w, https://www.financecolombia.com/wp-content/uploads/2026/06/1.-Consaca-Narino-Alcaldia-1436x960.jpg 1436w, https://www.financecolombia.com/wp-content/uploads/2026/06/1.-Consaca-Narino-Alcaldia-768x514.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2026/06/1.-Consaca-Narino-Alcaldia.jpg 1536w" sizes="(max-width: 374px) 100vw, 374px" /><p id="caption-attachment-37691" class="wp-caption-text">Consaca in Narino (Photo: Alcaldía)</p></div>
<p>Located on the slopes of the Galeras volcano, Consacá combines high-altitude coffee production with traditional craftsmanship. The municipality is recognized for its toquilla-straw handicrafts and its historical connection to independence-era battles in the region.</p>
<div style="clear: both;"></div>
<div id="attachment_37692" style="width: 294px" class="wp-caption alignright"><img decoding="async" aria-describedby="caption-attachment-37692" class="wp-image-37692 " src="https://www.financecolombia.com/wp-content/uploads/2026/06/2.-El-Penon-Santander-Alcaldia-360x480.jpg" alt="(Photo: Alcaldía de El Peñón)" width="284" height="379" srcset="https://www.financecolombia.com/wp-content/uploads/2026/06/2.-El-Penon-Santander-Alcaldia-360x480.jpg 360w, https://www.financecolombia.com/wp-content/uploads/2026/06/2.-El-Penon-Santander-Alcaldia-720x960.jpg 720w, https://www.financecolombia.com/wp-content/uploads/2026/06/2.-El-Penon-Santander-Alcaldia-188x250.jpg 188w, https://www.financecolombia.com/wp-content/uploads/2026/06/2.-El-Penon-Santander-Alcaldia-768x1024.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2026/06/2.-El-Penon-Santander-Alcaldia-1152x1536.jpg 1152w, https://www.financecolombia.com/wp-content/uploads/2026/06/2.-El-Penon-Santander-Alcaldia.jpg 1200w" sizes="(max-width: 284px) 100vw, 284px" /><p id="caption-attachment-37692" class="wp-caption-text">(Photo: Alcaldía de El Peñón)</p></div>
<p>El Peñón is a rural municipality in Santander known for its natural landscapes, caves, and agricultural traditions. Its tourism proposal highlights the connection between local communities, farming activities, and the quiet rural experiences offered by its mountain surroundings.</p>
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<div id="attachment_37693" style="width: 484px" class="wp-caption alignleft"><img decoding="async" aria-describedby="caption-attachment-37693" class="wp-image-37693" src="https://www.financecolombia.com/wp-content/uploads/2026/06/3.-Jerico-Antioquia-Alcaldia-640x480.jpg" alt="Jericó in Antioquia (Photo: Alcaldía de Jericó)" width="474" height="355" srcset="https://www.financecolombia.com/wp-content/uploads/2026/06/3.-Jerico-Antioquia-Alcaldia-640x480.jpg 640w, https://www.financecolombia.com/wp-content/uploads/2026/06/3.-Jerico-Antioquia-Alcaldia-1280x960.jpg 1280w, https://www.financecolombia.com/wp-content/uploads/2026/06/3.-Jerico-Antioquia-Alcaldia-333x250.jpg 333w, https://www.financecolombia.com/wp-content/uploads/2026/06/3.-Jerico-Antioquia-Alcaldia-768x576.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2026/06/3.-Jerico-Antioquia-Alcaldia-1536x1152.jpg 1536w, https://www.financecolombia.com/wp-content/uploads/2026/06/3.-Jerico-Antioquia-Alcaldia.jpg 1600w" sizes="(max-width: 474px) 100vw, 474px" /><p id="caption-attachment-37693" class="wp-caption-text">Jericó in Antioquia (Photo: Alcaldía de Jericó)</p></div>
<p>Surrounded by the Western Cordillera in Antioquia, Jericó combines coffee culture, historic architecture, and deep-rooted traditions. The municipality is known for its flower-lined balconies, religious heritage, and as the birthplace of the carriel, the traditional leather satchel that has become one of the region’s most distinctive symbols.</p>
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<div id="attachment_37694" style="width: 510px" class="wp-caption alignright"><img decoding="async" aria-describedby="caption-attachment-37694" class="wp-image-37694" src="https://www.financecolombia.com/wp-content/uploads/2026/06/4.-Marulanda-Caldas-Alcaldia-640x480.jpg" alt="Marulanda in Caldas (Photo: Alcaldía de Marulanda)" width="500" height="375" srcset="https://www.financecolombia.com/wp-content/uploads/2026/06/4.-Marulanda-Caldas-Alcaldia-640x480.jpg 640w, https://www.financecolombia.com/wp-content/uploads/2026/06/4.-Marulanda-Caldas-Alcaldia-1280x960.jpg 1280w, https://www.financecolombia.com/wp-content/uploads/2026/06/4.-Marulanda-Caldas-Alcaldia-333x250.jpg 333w, https://www.financecolombia.com/wp-content/uploads/2026/06/4.-Marulanda-Caldas-Alcaldia-768x576.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2026/06/4.-Marulanda-Caldas-Alcaldia-1536x1152.jpg 1536w, https://www.financecolombia.com/wp-content/uploads/2026/06/4.-Marulanda-Caldas-Alcaldia.jpg 1600w" sizes="(max-width: 500px) 100vw, 500px" /><p id="caption-attachment-37694" class="wp-caption-text">Marulanda in Caldas (Photo: Alcaldía de Marulanda)</p></div>
<p>Surrounded by high-altitude páramos in Caldas, Marulanda preserves a rural identity built around sheep farming, wool craftsmanship, and traditional textile production. The municipality also maintains its arriería (muleteer) heritage, connecting its cultural traditions with the mountain landscapes that shape its tourism offer.</p>
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<div id="attachment_37695" style="width: 287px" class="wp-caption alignleft"><img decoding="async" aria-describedby="caption-attachment-37695" class="wp-image-37695 " src="https://www.financecolombia.com/wp-content/uploads/2026/06/5.-Norcasia-Caldas-Alcaldia-360x480.jpeg" alt="(Photo: Alcaldía de Norcasia)" width="277" height="369" srcset="https://www.financecolombia.com/wp-content/uploads/2026/06/5.-Norcasia-Caldas-Alcaldia-360x480.jpeg 360w, https://www.financecolombia.com/wp-content/uploads/2026/06/5.-Norcasia-Caldas-Alcaldia-721x960.jpeg 721w, https://www.financecolombia.com/wp-content/uploads/2026/06/5.-Norcasia-Caldas-Alcaldia-188x250.jpeg 188w, https://www.financecolombia.com/wp-content/uploads/2026/06/5.-Norcasia-Caldas-Alcaldia-768x1023.jpeg 768w, https://www.financecolombia.com/wp-content/uploads/2026/06/5.-Norcasia-Caldas-Alcaldia.jpeg 1080w" sizes="(max-width: 277px) 100vw, 277px" /><p id="caption-attachment-37695" class="wp-caption-text">(Photo: Alcaldía de Norcasia)</p></div>
<p>Shaped by rivers descending from the Central Cordillera, Norcasia in Caldas blends cacao production, biodiversity, and adventure tourism with community-led initiatives. Its natural surroundings provide a setting for ecotourism experiences while local traditions remain central to the municipality’s tourism identity.</p>
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<div id="attachment_37696" style="width: 427px" class="wp-caption alignright"><img decoding="async" aria-describedby="caption-attachment-37696" class="wp-image-37696 size-thumbnail" src="https://www.financecolombia.com/wp-content/uploads/2026/06/6.-Paicol-Huila-Alcaldia-417x235.jpg" alt="(Photo: Alcaldía de Paicol)" width="417" height="235" srcset="https://www.financecolombia.com/wp-content/uploads/2026/06/6.-Paicol-Huila-Alcaldia-417x235.jpg 417w, https://www.financecolombia.com/wp-content/uploads/2026/06/6.-Paicol-Huila-Alcaldia-800x450.jpg 800w, https://www.financecolombia.com/wp-content/uploads/2026/06/6.-Paicol-Huila-Alcaldia-1600x900.jpg 1600w, https://www.financecolombia.com/wp-content/uploads/2026/06/6.-Paicol-Huila-Alcaldia-768x432.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2026/06/6.-Paicol-Huila-Alcaldia-1536x864.jpg 1536w, https://www.financecolombia.com/wp-content/uploads/2026/06/6.-Paicol-Huila-Alcaldia-2048x1152.jpg 2048w" sizes="(max-width: 417px) 100vw, 417px" /><p id="caption-attachment-37696" class="wp-caption-text">(Photo: Alcaldía de Paicol)</p></div>
<p>Often called La Puerta del Viento (The Gateway of the Wind), Paicol in Huila combines natural attractions with deep-rooted cultural traditions. The municipality’s caves, cacao production, and Semana Santa celebrations form part of a tourism offer that connects local heritage, landscapes, and community experiences.</p>
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<div id="attachment_37697" style="width: 385px" class="wp-caption alignleft"><img decoding="async" aria-describedby="caption-attachment-37697" class="wp-image-37697 size-thumbnail" src="https://www.financecolombia.com/wp-content/uploads/2026/06/7.-Sesquile-Cundinamarca-Alcaldia-375x250.jpg" alt="(Photo: Alcaldía de Sesquilé)" width="375" height="250" srcset="https://www.financecolombia.com/wp-content/uploads/2026/06/7.-Sesquile-Cundinamarca-Alcaldia-375x250.jpg 375w, https://www.financecolombia.com/wp-content/uploads/2026/06/7.-Sesquile-Cundinamarca-Alcaldia-720x480.jpg 720w, https://www.financecolombia.com/wp-content/uploads/2026/06/7.-Sesquile-Cundinamarca-Alcaldia-1440x960.jpg 1440w, https://www.financecolombia.com/wp-content/uploads/2026/06/7.-Sesquile-Cundinamarca-Alcaldia-768x512.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2026/06/7.-Sesquile-Cundinamarca-Alcaldia-1536x1024.jpg 1536w, https://www.financecolombia.com/wp-content/uploads/2026/06/7.-Sesquile-Cundinamarca-Alcaldia-2048x1366.jpg 2048w" sizes="(max-width: 375px) 100vw, 375px" /><p id="caption-attachment-37697" class="wp-caption-text">(Photo: Alcaldía de Sesquilé)</p></div>
<p>Tied to the legend of El Dorado, Sesquilé in Cundinamarca offers a unique connection between ancestral heritage, nature, and rural tourism. Located near Lake Guatavita, the municipality works to preserve its páramo ecosystems and traditional knowledge while showcasing the landscapes that have shaped its cultural identity.</p>
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		<title>Scatec Commences Construction of 130 MW Barzalosa Solar Project in Colombia</title>
		<link>https://www.financecolombia.com/scatec-commences-construction-of-130-mw-barzalosa-solar-project-in-colombia/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Fri, 03 Apr 2026 22:18:45 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Astris Finance]]></category>
		<category><![CDATA[bancolombia]]></category>
		<category><![CDATA[Barzalosa Solar Project]]></category>
		<category><![CDATA[bogotá]]></category>
		<category><![CDATA[brigard & urrutia]]></category>
		<category><![CDATA[btg pactual]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[Cuatrecasas]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[energy transition]]></category>
		<category><![CDATA[Enrique Cadena]]></category>
		<category><![CDATA[fdn]]></category>
		<category><![CDATA[Financiera de Desarrollo Nacional]]></category>
		<category><![CDATA[holland & knight]]></category>
		<category><![CDATA[Inés Elvira Vesga]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Juan Felipe Alonso]]></category>
		<category><![CDATA[Juan Sebastián Parra]]></category>
		<category><![CDATA[María Juliana Saa]]></category>
		<category><![CDATA[Nariño]]></category>
		<category><![CDATA[Norfund]]></category>
		<category><![CDATA[norway]]></category>
		<category><![CDATA[oslo]]></category>
		<category><![CDATA[ppa]]></category>
		<category><![CDATA[project finance]]></category>
		<category><![CDATA[renewable energy]]></category>
		<category><![CDATA[Scatec ASA]]></category>
		<category><![CDATA[solar power]]></category>
		<category><![CDATA[Terje Pilskog]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=37139</guid>

					<description><![CDATA[Scatec and Norfund reach financial close on a $121 million USD solar plant in Cundinamarca, marking a shift in Colombia's energy matrix....]]></description>
										<content:encoded><![CDATA[<h2>Renewable expansion strengthens Colombia energy matrix for investors.</h2>
<p>The Norwegian renewable energy company <a href="https://scatec.com">Scatec ASA</a> (OSE: SCATC) has reached financial close and initiated construction on the Barzalosa solar power plant in Colombia. The project, located in the <em>municipio</em> of Nariño within the department of Cundinamarca, has a planned capacity of 130 MWp. Total capital expenditure for the facility is estimated at $121 million USD.</p>
<p>The financing structure for the project is based on a 70% leverage model, utilizing a combination of equity and non-recourse debt. Scatec holds a 65% equity stake in the venture, while <a href="https://www.norfund.no">Norfund</a>, the Norwegian investment fund for developing countries, provides the remaining 35%. The senior debt was provided by <a href="https://www.bancolombia.com">Bancolombia S.A.</a> (NYSE: CIB; BVC: BCOLOMBIA) and the <em><a href="https://www.fdn.com.co">Financiera de Desarrollo Nacional</a></em> (FDN).</p>
<p>The <em>Financiera de Desarrollo Nacional</em> committed a total of 200,358 million COP to the project. This includes a senior debt facility of up to 164,458 million COP with a term of 18 years, representing approximately 50% of the total project debt. Additionally, the FDN provided a bank guarantee of up to 35,900 million COP to substitute reserve accounts for debt service and operation and maintenance costs. The FDN also acted as a co-structurer for the financial framework of the operation.</p>
<blockquote><p>&#8220;The financing of the Barzalosa project reflects the capacity of the FDN to structure long-term financial solutions that make strategic energy transition projects in Colombia viable,&#8221; said Enrique Cadena, Vice President of Structured Finance at the FDN.</p></blockquote>
<p>The law firm <a href="https://www.hklaw.com">Holland &amp; Knight</a> served as legal counsel to the lenders, Bancolombia and FDN, in the COP 330 billion financing transaction. The legal team was led by partner María Juliana Saa, with support from partner Inés Elvira Vesga and associates Juan Sebastián Parra and Juan Felipe Alonso. Other legal and financial advisors involved in the transaction included <a href="https://www.cuatrecasas.com">Cuatrecasas</a>, which advised the borrower; <a href="https://www.bu.com.co">Brigard Urrutia</a>, which advised FDN regarding the credit facility; and <a href="https://www.astrisfinance.com">Astris Finance</a>, which provided financial structuring advice.</p>
<p>Revenue for the plant will be supported by a 15-year Power Purchase Agreement (PPA) with <a href="https://www.btgpactual.com.co">BTG Pactual Comercializadora de Energía</a> (BVMF: BPAC11). The agreement covers 85% of the estimated energy production and is denominated in Colombian pesos, with adjustments based on the Producer Price Index. The remaining 15% of production will be sold on the Colombian spot market. The project is also eligible for the <em>Cargo por Confiabilidad</em> (reliability charge) and may access resources from the Inter-American Development Bank and the Climate Investment Funds.</p>
<p>Construction includes the installation of the solar array and the development of a six-kilometer transmission line to connect the plant to the national grid. Scatec is acting as the lead developer and the designated Engineering, Procurement, and Construction (EPC) provider, covering approximately 70% of the capital expenditure. The company will also manage operations, maintenance, and asset management. The Barzalosa plant is expected to reach its commercial operation date in the first half of 2027.</p>
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		<title>Colombia Exports of Non-Mining Goods Closed the First Half of the Year With Growth of 21.7%</title>
		<link>https://www.financecolombia.com/colombia-exports-of-non-mining-goods-closed-the-first-half-of-the-year-with-growth-of-21-7/</link>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Tue, 26 Aug 2025 14:17:53 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[atlantico]]></category>
		<category><![CDATA[bakery products]]></category>
		<category><![CDATA[bananas]]></category>
		<category><![CDATA[beauty preparations]]></category>
		<category><![CDATA[bogotá]]></category>
		<category><![CDATA[bolivar]]></category>
		<category><![CDATA[caldas]]></category>
		<category><![CDATA[coal]]></category>
		<category><![CDATA[Cocoa]]></category>
		<category><![CDATA[coffee extracts]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[Diana Marcela Morales Rojas]]></category>
		<category><![CDATA[electrical transformers]]></category>
		<category><![CDATA[flowers]]></category>
		<category><![CDATA[gulupa]]></category>
		<category><![CDATA[Hass avocado]]></category>
		<category><![CDATA[huila]]></category>
		<category><![CDATA[insecticides]]></category>
		<category><![CDATA[magdalena]]></category>
		<category><![CDATA[medicines]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[Palm Oil]]></category>
		<category><![CDATA[Sugar]]></category>
		<category><![CDATA[tahiti lemon]]></category>
		<category><![CDATA[valle del cauca]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=35703</guid>

					<description><![CDATA[Shipments rose 9.6% to 5.1 million tons from January to June, showing strong volume growth versus early 2024....]]></description>
										<content:encoded><![CDATA[<p>The balance of the first six months of the year for exports of non-mining and energy goods closed positively. The country sold $12.857.6 million USD to the world in this class of products (agro, agro-industrial, and industrial) for an increase of 21.7% compared to the same period in 2024.</p>
<p>This value also represented more than half, 52.7%, of everything that Colombia sold to the world in those six months.</p>
<p>&#8220;The behavior of what the country exported in the first six months of the year in products other than oil and coal, ratifies not only the behavior that non-mining exports have been registering for months, but also that step by step we are advancing in the transformation of the productive fabric and the diversification of the export basket. From the commerce, industry, and tourism sector, we continue to provide entrepreneurs in the regions with all the instruments and institutional offer to guarantee the sophistication and expansion of the offer,&#8221; said the <a href="https://www.mincit.gov.co/inicio">Minister of Commerce, Industry, and Tourism</a>, Diana Marcela Morales Rojas.</p>
<p>In volume, shipments also continue to increase. Between January and June, there were 5.1 million tons, for a growth of 9.6% compared to the first half of 2024. Within the non-mining basket, the exports that had the greatest weight in the period of analysis were those of the agricultural sector, which accounted for 43.7% ($5.615.9 million USD) and grew 36%.</p>
<p>Products such as coffee stand out, whose exports in the 6 months grew 81.3%; flowers, 9.9%; bananas, 6.2%; Hass avocado, 27.6%; Tahiti lemon, 15.7%, and gulupa, 23.3%, among others. The second most representative group of products of exports of non-mining goods in the period was industry, which participated with 40.8% ($5.252 million USD) of this basket and a growth of 5%.</p>
<p>Exports of aluminum doors, windows, and their frames stood out, among others, with an increase of 9.5%; insecticides, 18.8%; electrical transformers, 12.9%; medicines, 9.3%; and beauty preparations, 3.7%. Products from the agribusiness sector, which accounted for 15.5% ($1.989.7 million USD) of the non-mining energy export basket, registered an increase in sales of 37%.</p>
<p>Products such as palm oil, whose exports grew 64.1%; coffee extracts and essences with an increase of 45.7%; sugar, 14.3%; cocoa and its derivatives, 87.3%, and bakery products, 8.7%, among others, boosted the sector&#8217;s performance.</p>
<p>90.4% of exports of non-mining energy products were made from nine Colombian regions: Antioquia, from where they grew 25.9%; Bogotá, which increased 16.5%; Cundinamarca, 16.5%; Valle del Cauca, 14.8%; Atlántico, 6.6%; Bolívar, 9%; Caldas, 47.3%; Magdalena, 45% and Huila.</p>
<p>The latter was the one that reported the highest increase, with 50%. Its non-mining foreign sales totaled $624.2 million USD in the first six months of the year, marked by coffee.</p>
<p>In June alone, the country exported $2.112.6 million USD in non-mining products, which represented an increase of 20.4%. In volume, 774,248 tons were shipped for an increase of 9.6%.</p>
<p style="text-align: right;">Avocados. Photo credit: JohnyVid from Pixabay.</p>
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		<title>Colombia&#8217;s Non-Mining Exports Reach $10.745 Million USD in First Five Months, Surging 22%</title>
		<link>https://www.financecolombia.com/colombias-non-mining-exports-reach-10-745-million-usd-in-first-five-months-surging-22/</link>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Tue, 15 Jul 2025 23:51:30 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Food, Health & Agriculture]]></category>
		<category><![CDATA[Agribusiness]]></category>
		<category><![CDATA[Agriculture]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[atlantico]]></category>
		<category><![CDATA[bananas]]></category>
		<category><![CDATA[bogotá]]></category>
		<category><![CDATA[bolivar]]></category>
		<category><![CDATA[caldas]]></category>
		<category><![CDATA[coffee]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[dane]]></category>
		<category><![CDATA[doors]]></category>
		<category><![CDATA[electrical transformers]]></category>
		<category><![CDATA[flowers]]></category>
		<category><![CDATA[Hass avocado]]></category>
		<category><![CDATA[huila]]></category>
		<category><![CDATA[magdalena]]></category>
		<category><![CDATA[MinCIT]]></category>
		<category><![CDATA[Ministry of Commerce Industry and Tourism]]></category>
		<category><![CDATA[Palm Oil]]></category>
		<category><![CDATA[polypropylene]]></category>
		<category><![CDATA[valle del cauca]]></category>
		<category><![CDATA[windows]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=35256</guid>

					<description><![CDATA[Coffee is the main product of this export basket and represented 21.9% in the period....]]></description>
										<content:encoded><![CDATA[<p>More than half, 52.6%, of the products that Colombia exported to the world between January and May of this year corresponded to non-mining energy goods. That is, of the $20.433.1 million USD that the country sold to the world in that period, $10.745 million USD were products of agriculture, agribusiness, and industry (not mining), which are those promoted by the <a href="https://www.mincit.gov.co/ministerio/conozco-mas">Ministry of Commerce, Industry, and Tourism</a> and its assets.</p>
<p>This is clear from the analysis made by this ministry based on figures published by <a href="https://www.dane.gov.co/">DANE</a>, which establishes that non-mining energy exports grew 22% compared to the same period in 2024. And if the volume shipped is reviewed, it was 4.32 million tons for an increase of 9.6% compared to January-May 2024.</p>
<p>Within the basket of non-mining energy goods, those with the greatest weight are industrial goods, which accounted for 55.9% ($6.011.2 million USD) and grew 12.2% in 2024. Those in the agricultural sector participated with 43.9% of that basket and increased by 37.2%.</p>
<p>In the period of analysis, when evaluating the main export products of the non-mining pie, several contributed to boost this growth. The following stand out: coffee, whose foreign sales increased 89%; palm oil with 63.7%; coffee extracts with 36.8%;hass avocado with 24.7%, and polypropylene with 21.9%.</p>
<p>Likewise, beauty preparations had an important behavior and contributed to growth, 6.3%; flowers, 5.7%; bananas, 5.4%; electrical transformers, 4.7% and doors, windows, and their frames, 4.3%, among others.</p>
<h3>By regions</h3>
<p>About the 9 departments that export the most non-mining energy goods and that represent 90.5% of this basket, all registered increases in their sales.</p>
<p>In the case of Antioquia, which is the department that has the most weight in this type of foreign sales, it registered a growth of 24.8%; it is followed by Bogotá with 15.4%; those of Cundinamarca grew 15.9%; those of Valle del Cauca 16.2%; those of Atlántico 5%; those of Bolívar 10.7%; those of Caldas 44.2%; those of Huila 72.3% and those of Magdalena 44.1%.</p>
<p style="text-align: right;">Coffee from Colombia. Photo credit: Ministry of Commerce, Industry, and Tourism (MinCIT)</p>
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		<title>In June, Colombia Saw Falling Prices of Fresh Fruits, Pork and Processed Foods</title>
		<link>https://www.financecolombia.com/in-june-colombia-saw-falling-prices-of-fresh-fruits-pork-and-processed-foods/</link>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Fri, 11 Jul 2025 21:30:39 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Food, Health & Agriculture]]></category>
		<category><![CDATA[and dragon fruits]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[apples]]></category>
		<category><![CDATA[artisanal cheeses]]></category>
		<category><![CDATA[avocados]]></category>
		<category><![CDATA[bananas]]></category>
		<category><![CDATA[beets]]></category>
		<category><![CDATA[bighead onions]]></category>
		<category><![CDATA[boyaca]]></category>
		<category><![CDATA[broccoli]]></category>
		<category><![CDATA[Bulletin of Wholesale Prices of Agricultural Products]]></category>
		<category><![CDATA[Carrots]]></category>
		<category><![CDATA[chocolates]]></category>
		<category><![CDATA[chocolo]]></category>
		<category><![CDATA[coffee]]></category>
		<category><![CDATA[corn]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[dora inés rey]]></category>
		<category><![CDATA[eggs]]></category>
		<category><![CDATA[grains]]></category>
		<category><![CDATA[grapes]]></category>
		<category><![CDATA[green beans]]></category>
		<category><![CDATA[green beans in pods]]></category>
		<category><![CDATA[guanabana]]></category>
		<category><![CDATA[guava]]></category>
		<category><![CDATA[junca]]></category>
		<category><![CDATA[lemons]]></category>
		<category><![CDATA[mandarins]]></category>
		<category><![CDATA[mangoes]]></category>
		<category><![CDATA[meats]]></category>
		<category><![CDATA[melons]]></category>
		<category><![CDATA[Nariño]]></category>
		<category><![CDATA[Oranges]]></category>
		<category><![CDATA[passion fruit]]></category>
		<category><![CDATA[pineapples]]></category>
		<category><![CDATA[pitaya]]></category>
		<category><![CDATA[pork]]></category>
		<category><![CDATA[processed foods]]></category>
		<category><![CDATA[Rural Agricultural Planning Unit]]></category>
		<category><![CDATA[soursops]]></category>
		<category><![CDATA[Sugar]]></category>
		<category><![CDATA[Tomatoes]]></category>
		<category><![CDATA[tomatos de arból]]></category>
		<category><![CDATA[tree tomatoes]]></category>
		<category><![CDATA[tubers]]></category>
		<category><![CDATA[UPRA]]></category>
		<category><![CDATA[vegetables]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=35170</guid>

					<description><![CDATA[Prices of carrots, beets, junca, onions, broccoli, and green beans rose over 10% due to lower supply from key regions. ...]]></description>
										<content:encoded><![CDATA[<p>Wholesale food prices in Colombia showed mixed behavior during June 2025, according to data reported by the Bulletin of Wholesale Prices of Agricultural Products issued by the <a href="https://upra.gov.co/en">Rural Agricultural Planning Unit (UPRA)</a>. While the downward trend continued in fresh fruits, pork, tubers, and processed foods, increases were observed in vegetables, grains, meats, eggs, and dairy products.</p>
<p>The prices of products such as carrots, beets, junca and bighead onions, broccoli, and green beans in pods increased by more than 10% driven by a lower supply from key regions such as Cundinamarca, Antioquia, Boyacá, and Nariño. In contrast, products such as cucumber, chocolo (corn), tomatoes, and green beans registered decreases, in some cases also greater than 10%.</p>
<p>In the group of fresh fruits, the price falls in mandarins, lemons, guava, oranges, pineapples, avocados, apples, soursops (guanabana), and bananas stood out. However, some tropical fruits such as tree tomatoes (tomatos de arból), mangoes, and passion fruit showed considerable increases, as did grapes, melons, and dragon fruits (pitaya).</p>
<p>“These price fluctuations respond to both climatic conditions and natural production cycles, which forces us to continue strengthening agricultural planning with data. We continue to advance in tools to anticipate these variations and better guide production and marketing in the territories,” said Dora Inés Rey, director of the UPRA.</p>
<p>In tubers, decreases were recorded in the native and black potato varieties, as well as in the arracacha. However, products such as bananas, yams, and cassava reported moderate increases, in line with their seasonal behavior. In meat, the prices of several cuts of beef, fish, and chicken increased slightly, while Dora Inés Rey presented a generalized, although moderate, reduction.</p>
<p>The behavior of egg prices was on the rise in all categories, and the same happened with artisanal cheeses. In grains and cereals, decreases were observed in products such as yellow corn and imported lentils, while beans such as red cargo and radical increased their price. Finally, among processed foods, increases were recorded in sugar, coffee, chocolates, and refined oils; while decreases were observed in flours, pastes, and mixed vegetable oils.</p>
<p style="text-align: right;">Pork. Photo credit: ludiarin from Pixabay.</p>
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		<item>
		<title>In May, Colombia Saw Prices of Fruits, Tubers, and Pork Drop, While Vegetables, Eggs, and Processed Foods Rose</title>
		<link>https://www.financecolombia.com/in-may-colombia-saw-prices-of-fruits-tubers-and-pork-drop-while-vegetables-eggs-and-processed-foods-rose/</link>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Fri, 27 Jun 2025 19:38:34 +0000</pubDate>
				<category><![CDATA[Food, Health & Agriculture]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[arracacha]]></category>
		<category><![CDATA[Beans]]></category>
		<category><![CDATA[black potatoes]]></category>
		<category><![CDATA[boyaca]]></category>
		<category><![CDATA[broccoli]]></category>
		<category><![CDATA[Carrots]]></category>
		<category><![CDATA[Chicken]]></category>
		<category><![CDATA[cornstarch]]></category>
		<category><![CDATA[creole potatoes]]></category>
		<category><![CDATA[cucumber]]></category>
		<category><![CDATA[cucumbers]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[dora inés rey]]></category>
		<category><![CDATA[eggs]]></category>
		<category><![CDATA[fresh fruits]]></category>
		<category><![CDATA[grains]]></category>
		<category><![CDATA[green beans]]></category>
		<category><![CDATA[green peas]]></category>
		<category><![CDATA[ground coffee]]></category>
		<category><![CDATA[junca onions]]></category>
		<category><![CDATA[lemon]]></category>
		<category><![CDATA[lentils]]></category>
		<category><![CDATA[lettuce]]></category>
		<category><![CDATA[mango]]></category>
		<category><![CDATA[meats]]></category>
		<category><![CDATA[Nariño]]></category>
		<category><![CDATA[norte de santander]]></category>
		<category><![CDATA[orange]]></category>
		<category><![CDATA[papaya]]></category>
		<category><![CDATA[paprika]]></category>
		<category><![CDATA[passion fruit]]></category>
		<category><![CDATA[pasta]]></category>
		<category><![CDATA[peas]]></category>
		<category><![CDATA[plantains]]></category>
		<category><![CDATA[pork]]></category>
		<category><![CDATA[pumpkins]]></category>
		<category><![CDATA[red onions]]></category>
		<category><![CDATA[rice]]></category>
		<category><![CDATA[risaralda]]></category>
		<category><![CDATA[Sugar]]></category>
		<category><![CDATA[sunflower oil]]></category>
		<category><![CDATA[tangerine]]></category>
		<category><![CDATA[Tomatoes]]></category>
		<category><![CDATA[tubers]]></category>
		<category><![CDATA[UPRA]]></category>
		<category><![CDATA[vegetable oil]]></category>
		<category><![CDATA[vegetables]]></category>
		<category><![CDATA[wheat flour]]></category>
		<category><![CDATA[Wholesale Prices of Agricultural Products bulletin]]></category>
		<category><![CDATA[yellow corn]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=34841</guid>

					<description><![CDATA[Imported dry peas, yellow corn, lentils fell; domestic beans, prime rice, corn on the cob rose....]]></description>
										<content:encoded><![CDATA[<p>According to the <a href="https://upra.gov.co/en">UPRA</a>&#8216;s wholesale prices of agricultural products bulletin, in May 2025, there were variations in wholesale food prices, with reductions in fresh fruits, tubers, and some meats, and increases in vegetables, grains, eggs, and processed products.</p>
<p>Among the foods that reported falls in their prices are black and creole potatoes (more than 10%), arracacha, plantains, and pork, whose different cuts fell without exceeding 5%. Some cuts of chicken, such as wings, legs, and breast, also decreased, as did fruit such as mango, passion fruit, tangerine, lemon, orange, and papaya. In the vegetable group, products such as junca onions, broccoli, green beans in pods, and paprika became cheaper.</p>
<p>In contrast, the largest price increases were recorded in vegetables such as white and red onions, tomatoes, cucumbers, green peas in pods, and carrots, with variations of more than 10%. Products such as beans, pumpkins, and some lettuce also rose. The rise in green peas, for example, was explained by lower availability from regions such as Nariño, Cundinamarca, and Antioquia, while cucumber was affected by harvest pauses in Norte de Santander, Risaralda, and Boyacá.</p>
<p>“Technical monitoring of price behavior is key to understanding the dynamics of the agri-food system. With this data, we can anticipate risks that affect food safety. Productive planning requires reliable information to make timely decisions in public policy,” said Dora Inés Rey, director of the UPRA.</p>
<p>In the group of grains and cereals, decreases were observed in imported products such as dry peas, threshed yellow corn, and lentils, while some varieties of domestic beans, prime rice, and imported husk corn became more expensive. As for processed foods, the prices of refined sugar, wheat flour, vegetable oil, and ground coffee rose, while products such as sunflower oil, cornstarch, and some pasta decreased.</p>
<p>The behavior of prices during May reflects, in several cases, the effect of weather conditions and harvest closures, as well as normal market adjustments. These data allow us to better understand the relationship between production, supply, and prices, which is key to guiding national agri-food policy.</p>
<p style="text-align: right;">Eggs. Photo credit: akirEVarga from Pixabay.</p>
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			</item>
		<item>
		<title>Low Climactic Risk Anticipated for Colombia This Summer</title>
		<link>https://www.financecolombia.com/low-climactic-risk-anticipated-for-colombia-this-summer/</link>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Mon, 23 Jun 2025 22:47:29 +0000</pubDate>
				<category><![CDATA[Food, Health & Agriculture]]></category>
		<category><![CDATA[Alexander Rodríguez Romero]]></category>
		<category><![CDATA[Alfonso Triana]]></category>
		<category><![CDATA[andean]]></category>
		<category><![CDATA[anoxia]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[banana]]></category>
		<category><![CDATA[boyaca]]></category>
		<category><![CDATA[caribbean]]></category>
		<category><![CDATA[cassava]]></category>
		<category><![CDATA[cauca]]></category>
		<category><![CDATA[César Cortés]]></category>
		<category><![CDATA[Cocoa]]></category>
		<category><![CDATA[coffee]]></category>
		<category><![CDATA[Colombia’s Institute of Hydrology]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[Dora Inés Rey Martínez]]></category>
		<category><![CDATA[El Niño Southern Oscillation]]></category>
		<category><![CDATA[enso]]></category>
		<category><![CDATA[fruit trees]]></category>
		<category><![CDATA[IDEAM]]></category>
		<category><![CDATA[Information System for Agricultural Risk Management]]></category>
		<category><![CDATA[maize]]></category>
		<category><![CDATA[Meteorology and Environmental Studies]]></category>
		<category><![CDATA[Nariño]]></category>
		<category><![CDATA[Oilseeds]]></category>
		<category><![CDATA[pacific]]></category>
		<category><![CDATA[potato]]></category>
		<category><![CDATA[rice]]></category>
		<category><![CDATA[roots and tubers]]></category>
		<category><![CDATA[Rural Agricultural Planning Unit]]></category>
		<category><![CDATA[SIGRA]]></category>
		<category><![CDATA[sugarcane]]></category>
		<category><![CDATA[Tolima]]></category>
		<category><![CDATA[UPRA]]></category>
		<category><![CDATA[vegetables]]></category>
		<category><![CDATA[yams]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=34745</guid>

					<description><![CDATA[Antioquia, Cundinamarca, Cauca, Boyacá, Tolima, and Nariño have the most vulnerable hectares, highlighting the need for targeted action....]]></description>
										<content:encoded><![CDATA[<p>The <a href="https://upra.gov.co/en">Rural Agricultural Planning Unit (UPRA)</a>, through the <a href="https://upra.gov.co/en/Pages/sigra.aspx#:~:text=It%20is%20an%20integrated%20set%20of%20actors%2C%20data%2C,management%20of%20risks%20that%20affect%20the%20agricultural%20sector.">Information System for Agricultural Risk Management (Sigra)</a>, presented the <a href="https://upra.gov.co/es-co/Boletines_Reportes/01_BolAgroClim_20250508.pdf">Agroclimatic Bulletin</a> for May 2025, with territorial and crop estimates against the projected climate behavior. Based on<a href="https://www.ideam.gov.co/"> IDEAM (Colombia’s Institute of Hydrology, Meteorology and Environmental Studies)</a>  predictions, it was identified that 0.7% of the agricultural frontier in Colombia, that is, about 300,000 hectares, is at specific risk, mainly low, due to excess rainfall in different regions of the country for the period between May and October.</p>
<p>“Although the El Niño Southern Oscillation (ENSO) phenomenon is in a neutral phase and does not directly influence current weather conditions, the bulletin warns that there is still a high probability of rainfall above historical averages in several departments, with the potential for extreme events that could seriously impact agricultural production systems and rural infrastructure,” said Alfonso Triana.  A specialized professional of the UPRA.</p>
<p>Likewise, Cesar Cortés, UPRA expert, explained: “The UPRA analysis reveals that this risk would especially affect crops of banana, cocoa, coffee, fruit trees, vegetables, roots and tubers, with the possibility of anoxia in soils, spread of diseases and logistical difficulties for marketing, mainly in the Andean, Pacific, Caribbean regions and areas of the Orinoquia and Amazon.”</p>
<p>The departments with the highest concentration of vulnerable hectares are Antioquia, Cundinamarca, Cauca, Boyacá, Tolima, and Nariño, which reinforces the need to take measures with a differential and territorial approach.</p>
<p>The report also provides a detailed overview by region and municipality. “In the Andean region alone, around 340,000 ha were identified at low risk and about 1,500 ha at medium risk, distributed in 41 municipalities. In the Caribbean, more than 85,000 ha are at low risk and 624 ha at medium risk, while in the Pacific, low risk affects about 195,000 ha. In the Amazon and Orinoquía, although the area at risk is smaller, the vulnerability of rural infrastructure is a concern,” said Alexander Rodríguez Romero, UPRA&#8217;s technical director of efficient land use and land adaptation.</p>
<p>The bulletin includes an analysis by crop group that shows that, although the cultivated area at medium risk represents only 0.05% of the national total (2,440 ha of 4.7 million), the impact can be severe depending on the type of production:</p>
<ul>
<li>Fruit trees: 1,063 ha at risk (43.6% of the total at risk).</li>
<li>Traditional tropical crops (cocoa, coffee, sugarcane): 891 ha.</li>
<li>Oilseeds: 182 ha.</li>
<li>Vegetables: 64 ha with a high proportion affected (0.09% of the total cultivated group).</li>
<li>Cereals (maize and rice): 99 ha.</li>
<li>Roots and tubers (potato, cassava, yams): 108 ha.</li>
<li>Legumes and aromatics: 33 ha in total.</li>
</ul>
<p>For her part, Dora Inés Rey Martínez, acting director of UPRA, concluded: “Faced with this panorama, UPRA reiterates the need for informed and preventive agroclimatic planning. Producers are recommended to adopt water management, drainage, pest monitoring, and planting staggering practices. Likewise, a call is made to the territorial authorities to strengthen agroclimatic technical assistance and support the most exposed territories with infrastructure and differential actions.”</p>
<h3>Key figures:</h3>
<ul>
<li>0.7% of the agricultural frontier in Colombia, that is, about 300,000 hectares, is at specific risk, mainly low, due to excess rainfall in different regions of the country for the period between May and October.</li>
<li>2,440 hectares under cultivation are estimated at medium risk, especially fruit trees (43.6% of the total).</li>
<li>Andean and Pacific regions, the most exposed by medium and low risk.</li>
</ul>
<p>&nbsp;</p>
<p style="text-align: right;">Walking in the rain. Photo credit: wal_172619 from Pixabay.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Over 550 Exhibitors from 15 Countries to Showcase Innovations at Expoconstrucción &#038; Expodiseño 2025</title>
		<link>https://www.financecolombia.com/event/over-550-exhibitors-from-15-countries-to-showcase-innovations-at-expoconstruccion-expodiseno-2025/</link>
					<comments>https://www.financecolombia.com/event/over-550-exhibitors-from-15-countries-to-showcase-innovations-at-expoconstruccion-expodiseno-2025/#respond</comments>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Tue, 20 May 2025 05:00:00 +0000</pubDate>
				<category><![CDATA[bogotá]]></category>
		<category><![CDATA[camacol]]></category>
		<category><![CDATA[Camacol Bogotá]]></category>
		<category><![CDATA[Colombian Chamber of Construction]]></category>
		<category><![CDATA[construction and design sector]]></category>
		<category><![CDATA[corferias]]></category>
		<category><![CDATA[cundinamarca]]></category>
		<category><![CDATA[Edwin Chivirí]]></category>
		<category><![CDATA[Expocamacol]]></category>
		<category><![CDATA[Expoconstrucción and Expodiseño]]></category>
		<category><![CDATA[Guillermo Herrera Castaño]]></category>
		<category><![CDATA[Lilián Conde]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?post_type=tribe_events&#038;p=33408</guid>

					<description><![CDATA[The event by CORFERIAS and CAMACOL offers spaces to enhance knowledge via talks and a 'Talk Zone'....]]></description>
										<content:encoded><![CDATA[<p>The 18th edition of <a href="https://expoconstruccionyexpodiseno.com/es">Expoconstrucción and Expodiseño</a> will occur from May 20 to 25. Over six days, more than 550 exhibitors will showcase the latest trends and developments in the construction and design sector.</p>
<p>The event, organized by <a href="https://corferias.com/">CORFERIAS</a> and <a href="https://camacol.co/">CAMACOL</a>, will offer various spaces designed for visitors to strengthen their knowledge through talks on the main academic agenda and the so-called &#8216;Talk Zone&#8217;.</p>
<p>“We will have interactive experiences, such as live demonstrations in the free areas of the fairgrounds. In addition, this edition will receive entrepreneurs from more than 15 countries,” said Lilián Conde, project manager of Expoconstrucción and Expodiseño in Corferias.</p>
<p>For his part, Guillermo Herrera Castaño, executive president of the Colombian Chamber of Construction (CAMACOL), stressed that “Expoconstrucción and Expodiseño 2025 is the platform with which the sector expects to exceed the business expectations achieved at <a href="https://expocamacol.com/">Expocamacol</a>, which exceeded one billion pesos in 2024. This fair, where all the actors in the sector converge, represents an opportunity to continue promoting the construction industry, strengthen its chains, and promote sustainable growth.”</p>
<p>In this line, Edwin Chivirí, manager of Camacol Bogotá and Cundinamarca, highlighted this fair as an ideal setting to continue working for the benefit of the industry and the city: “Bogotá is betting on important road connectivity projects, such as the first line of the Metro. Thanks to these projects, an economic sector that impacts 36 subsectors of the economy and more than 54% of industrial activities is energized, in addition to the generation of new jobs, which undoubtedly contributes to the strengthening of the industry. Everyone is invited to visit this version of the fair that, in addition, brings together all the actors in one place,” he concluded.</p>
<h3>Are you looking to adapt or remodel your spaces? Schedule and visit this version</h3>
<p>The biennial fair is also ideal for people looking to adopt or remodel their spaces, whether in urban or rural areas. Expoconstrucción and Expodiseño bring together all the offers in one place.</p>
<p>From architectural finishes to manufactured homes, visitors will find everything in one place.</p>
<h3>This is how the distribution will be:</h3>
<p><strong>Pavilion 3, level 1 and 2:</strong> Architectural finishes.</p>
<p><strong>Hall 4, Level 1:</strong> International Pavilion</p>
<p><strong>Hall 6, Level 1 &amp; 2:</strong> Construction: materials, tools, &amp; supplies</p>
<p><strong>Hall 7, Level 1:</strong> Other construction products and/or services</p>
<p><strong>Great Hall (11 – 17):</strong> Infrastructure, heavy machinery, and construction equipment preferential free area of flags: construction and precast</p>
<p><strong>Free areas 03 and 04:</strong> Heavy machinery and construction equipment.</p>
]]></content:encoded>
					
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