Pipeline

IDINDIGO-PL-0052
Project Name - (Value)Colombia+Competitiva: SECO
Contact - Name - (Value)Avnish Gungadurdoss, Douglas Emeott
Contact - Email - (Value)avnish.gungadurdoss@instiglio.org, douglas.emeott@instiglio.org
State of Development - (Value)Current
State of Development - (Source ID's)source1
Stage of Development - (Value)Late stage
Stage of Development - (Source ID's)source1
Stage of Development - (Notes)Late-stage (RBF Instrument Design)
Type of instrument and project - Impact Bond - (Value)No
Type of instrument and project - Outcomes Fund - (Value)No
Type of instrument and project - Social Impact Incentives (SIINC) - (Value)No
Type of instrument and project - Social Impact Guarantee - (Value)No
Type of instrument and project - Payment-by-results (no pre-financing) - (Value)Yes
Type of instrument and project - Technical Assistance and Market-building program (Must involve dedicated grant resources) - (Value)No
(Source ID's)source1
Part of a larger outcomes-based financing program? - Part of a larger outcomes-based financing program? - (Value)No
Part of a larger outcomes-based financing program? - (Source ID's)source1
Dates - Expected Launch Date - (Value)Q2-2022
Dates - Total expected project development time - (Value)6-12 months
Dates - Expected length of project (years) - (Value)2
Dates - Project design process began - (Value)Q4-2021
Dates - (Source ID's)source1
Rationale for using outcome based finance - (Value)Pilot the use of results-based financing (RBF) instruments to improve the impact of interventions that aim to strengthen productive chains.
(Source ID's)source1
Role of the domestic government - Outcomes funder - (Value)No
Role of the domestic government - Service provider - (Value)No
Role of the domestic government - Member of project committee - (Value)No
Role of the domestic government - No formal role - (Value)Yes
(Source ID's)source1
Service providers identified and selected - Request-for-proposals - (Value)No
Service providers identified and selected - Direct contracting by outcome funder/investor/intermediary - (Value)Yes
Service providers identified and selected - Provider-led deal development - (Value)No
Service providers identified and selected - Other - (Value)The program conducted an evaluation and selection process to choose the 2 service providers that will be part of the RBF pilot.
(Source ID's)source1
Feasibility study - (Value)Yes
(Source ID's)source1
Proposed financing instruments - Debt - (Value)No
Proposed financing instruments - Equity - (Value)No
Proposed financing instruments - Guarantee - (Value)No
Proposed financing instruments - Grant - (Value)No
(Source ID's)source1
Overall project finance - Estimated Maximum potential outcome payment - Currency - (Value)USD
Overall project finance - Estimated Maximum potential outcome payment - Amount - (Value)660000
Overall project finance - (Source ID's)source1
Purpose and classifications - Social/Developmental challenge - (Value)Increase economic and ecological growth through the development of sustainable value chains.
Purpose and classifications - Expected intervention model - (Value)Coffee: Traditional technical assistance to improve coffee quality and increase exports. Cacao: Construction of a production plant to develop, produce, and export products based on cacao residues.
Purpose and classifications - Policy sector - Employment and private sector development - (Value)Yes
Purpose and classifications - Policy sector - Education - (Value)No
Purpose and classifications - Policy sector - Social protection - (Value)No
Purpose and classifications - Policy sector - Criminal justice - (Value)No
Purpose and classifications - Policy sector - Health - (Value)No
Purpose and classifications - Policy sector - Agriculture - (Value)No
Purpose and classifications - Policy sector - Environment and climate change - (Value)No
Purpose and classifications - Policy sector - Water, Sanitation and Hygiene - (Value)No
Purpose and classifications - Policy sector - Energy - (Value)No
Purpose and classifications - Policy sector - Humanitarian - (Value)No
Purpose and classifications - (Source ID's)source1
Purpose and classifications - (Notes)Policy sector: Competitiveness
Service users and beneficiaries - Target population - (Value)Sucafina - Coffee: Coffee producers in Planadas, Tolima Casa Luker – Cacao: Cacao farm in Villanueva, Casanare
Service users and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)Approx. 300 coffee producers - TBD cacao producers
Service users and beneficiaries - Unit type of targeted service users or beneficiaries - (Value)Individual
Service users and beneficiaries - Country Classification of Service and beneficiaries - Low-income - (Value)No
Service users and beneficiaries - Country Classification of Service and beneficiaries - Lower-middle-income - (Value)No
Service users and beneficiaries - Country Classification of Service and beneficiaries - Upper-middle-income - (Value)Yes
Service users and beneficiaries - Country Classification of Service and beneficiaries - High-income - (Value)No
Service users and beneficiaries - (Source ID's)source1
Notes - (Value)Data for this pipeline project was last updated in April 2022.
Delivery Locations 1: Location - Name - (Value)Colombia
Delivery Locations 1: Location - Country - (Value)CO
Service Provisions 1: Notes[Confidential]
Outcome Payment Commitments 1: NotesSECO
Investments 1: NotesNone
Intermediary services 1: NotesEvaluator - SwissContact
Intermediary services 2: NotesAdvisor - Instiglio
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Coffee: Tons exported, CO2 reduction, increase in quality of the coffee, producers who sell coffee to the local cooperative. Cacao: Prototypes created, tons of bio residues transformed into products, tons of products sold.
Outcome Metrics 1: Outcome validation Method - (Value)TBD
Outcome Metrics 1: NotesObservational evaluation

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