PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602126

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Apr 2, 2019

Country

Colombia

Region

Latin America and the Caribbean

IFC Approval Date

Aug 21, 2018

Status

Active

Estimated Total Budget

$1,985,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 12, 2024

Project Estimated Start Date

Jul 1, 2018

Project Estimated End Date

Dec 31, 2022

Project Description

This project aims at improving Colombia's beef industry by aligning current cattle farming to more productive and sustainable practices, creating new opportunities to reach high-end export markets. The project will address the challenges associated with producing and exporting sustainable beef products in two ways: i) the project will work along clients’ supply chains to identify and address gaps limiting their productivity levels, such as increasing slaughter weight so that it meets the standards of major export markets. And, ii) the project will disseminate sustainable beef production practices along clients’ supply chains to decrease its impact on climate change, which will create great marketing opportunities for Colombian beef as a sustainable product for a global food market.

Development Results

E&S Risks / Impacts and Mitigation