Launch of Antioquia's Tropical dry forest Habitat Bank
In the framework of a discussion organized by Terrasos and the Eafit University, the Habitat Bank of the Tropical Dry Forest was launched in Antioquia, the second one in Colombia and Latin America. The Bank is located in the municipalities of Titiribí and Armenia and seeks to conserve and restore 647 hectares of this ecosystem. See release note.
Business Plan for the sustainability of the Tatamá National Natural Park
Terrasos, together with WWF and IUCN, is developing a strategy to give financial sustainability to the Tatamá National Park. For this purpose, it developed a Business Plan based on the sale of CO2 emission reduction certificates (CREs for its name in Spanish), which allows covering the financial gap of the Park and of one of the communities that are in its area of influence (in this case the ASOCASÁN Community Council).
Completion of the offset portfolio for the energy sector
Recently, Terrasos finalized a large portfolio of biodiversity offsets, where more than 300 alternatives related to conservation agreements, PES-type projects, habitat banks, bosques de paz, property sanitation in protected areas, etc. were identified. Find out more.
Identification of scenarios and mechanisms for offset of 23,000 hectares
In order to contribute to the sustainability and permanence of compensation investments made by the mining sector, Terrasos is defining new scenarios and mechanisms that facilitate compliance with these obligations. Find out more.
ANLA authorizes the purchase of the first quotas in the Habitat Bank - Meta
Bogotá, July 30, 2018. The National Environmental Licensing Authority (ANLA for its name in Spanish), authorized for the first time, a transaction of environmental obligations through a habitat bank in Colombia. Download here the official statement.
Evolution of Habitat Banks across the world
Terrasos, with the support of Fundepúblico, updated graphic material that describes the evolution of Habitat Banks in the countries where the mechanism has had greater acceptance. Download here.
First Habitat Bank registered with MinAmbiente
The Habitat Bank of Meta is the first one of these mechanisms to obtain registration with MinAmbiente. Find out more.
Compensation manuals comparison chart
Terrasos developed a comparative table between the updated version of the Manual and the one that was repealed. Download chart here.
Compensation Manual Update
Recently, the Ministry of Environment and Sustainable Development adopted the update of the Compensation Manual. Find out more.
Analysis of alternatives for compulsory investment plans of no less than 1%
Terrasos developed two compulsory water usage investment plans of no less than 1% for a linear project that cuts across several hydrographic areas of the country. To prepare these plans, Terrasos used a methodology in which over 50 investment alternatives were analyzed under a series of technical, financial, legal-institutional and strategic criteria. Find out more.
Formulation of the Biodiversity Action Plan - Pasbiome
Formulation of the biodiversity action plan for the energy and mining sector to facilitate the incorporation of the environmental perspective in the planning and decision-making of the sector. Find out more.
Structuring the first Habitat Bank in Latin America
Since the beginning of 2013, Terrasos has been leading the development of the first habitat bank in Colombia and Latin America, in the Orinoquia region. Habitat Banks are lands where actions for the preservation, improvement or restoration of ecosystems are implemented to compensate for the inevitable losses in biodiversity, resulting from the development of projects. Find out more.
Ecosystem-Based Adaptation Program for the city of Cartagena - Program EbA
For the implementation of Program EbA in Cartagena, a financial instrument was designed to achieve the sustainability and permanence of the measures to be developed. The design of this instrument is led by Terrasos SAS with the support of Optim Consult. Find out more.