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Published on Friday, October 25, 2024

Colombia | How to Reverse Deforestation and Support Vulnerable Populations?

Summary

Deforestation is not only harmful to the environment, but it also has negative economic and social impacts. Reversing this situation can be achieved through three key approaches: the delineation of protected areas, increasing the productivity of exploited areas, and recognizing the value of natural assets.

Key points

  • Key points:
  • First, it is essential to achieve stricter delineation of protected areas by adjusting land-use regulations.
  • Second, it is crucial to avoid incentives that encourage the expansion of the economic exploitation frontier into protected territories. This requires enhancing the productivity of areas currently designated for economic use.
  • Third, the value of natural assets must be recognized. Forests are significant carbon sinks, climate regulators, and sustainers of diverse ecosystems, which in turn support the country’s rich biodiversity. However, this value is often overlooked, making them vulnerable to overexploitation.

Geographies

Documents and files

Press article (PDF)

20241025_Columna_AR.pdf

Spanish - October 25, 2024

Audio (MP4)

20241025_Columna_AR_Deforestacion.mp4

Spanish - October 25, 2024

Authors

AR
Alejandro Reyes González BBVA Research - Principal Economist
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