GEOCOLOMBIA

preparation

CTF resources will finance independent third-party expertise to provide advice on the technical validation of eligibility of projects, as well as verifying success and failures on drillings. If needed, resources could also be used to provide technical assistance to local authorities to support their efforts in updating the required regulations or enhancing technical capabilities. Furthermore, a digitalization analysis, includes an analysis of how digital and innovative tools could contribute to the productivity of the program and the future management of resources. Also, these resources will help guarantee a sound and efficient program, while also ensuring local capacity building of their financial system, so that a permanent mechanism remains in place after the program's conclusion. Project structuring and evaluation (support to banks), technical studies and other related costs are also considered in this envelope.