Colombia’s total concessional finance for development reached USD 42 million in 2015, compared to USD 45 million in 2014 (OECD estimates based on Government of Colombia, 2014, 2015; and websites of multilateral organisations). In 2015, Colombia channelled USD 30.9 million in development-orientated contributions through multilateral organisations and USD 10.8 million through South-South co-operation programmes and initiatives. The Colombian Presidential Agency of International Co-operation (APC-Colombia), created in 2011, sets priorities and ensures alignment of Colombia’s development co-operation with its National Development Plan and foreign policy. The agency manages and co-ordinates Colombia’s incoming and outgoing development co-operation and, through the Roadmap for International Co-operation, sets out Colombia’s strengths and good practices that can be shared with other countries. It has also introduced a national co-ordination scheme as well as monitoring systems
Through its South-South co-operation, Colombia shares its knowledge and experience in areas such as entrepreneurship, security, food security, culture, agricultural innovation, social development, climate change and disaster risk management, tourism, statistics, and employment. Seventy-four countries in Latin America and the Caribbean, Africa, Asia, and the Middle East benefited from Colombian programmes and policies in support of their own development efforts in 2015. In addition, Colombia is an active partner in developing projects in regional mechanisms such as the Pacific Alliance, the Ibero-American General Secretariat and the Forum for East Asia-Latin America Cooperation.
Colombia is also engaged in triangular co-operation, partnering with several international organisations (e.g. the United Nations Population Fund and the Organization of American States) and Development Assistance Committee (DAC) members (e.g. Australia, Canada, Germany, Japan, Korea and the United States) to support other developing countries – mainly in Central America and the Caribbean – in a wide range of areas.
In 2015, Colombia’s development-oriented contributions through multilateral organisations were channelled through the United Nations (43%), the Inter-American Development Bank (37%) and the Central American Bank for Economic Integration (17%).
Colombia is an OECD accession country.