Public Investment Management Assessment (PIMA) & Climate-PIMA: Colombia

An IMF team, accompanied by the IDB, conducted a Public Investment Management Assessment (PIMA) and Climate PIMA (C-PIMA) in Colombia.

Volume/Issue: Volume 2025 Issue 030

Publication date: August 2025

ISBN: 9798229019583

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Topics covered in this book

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Public Finance , Environmental Economics , Public investment management , infrastructure governance , climate change , Colombia , Budget planning and preparation , Expenditure , Climate change , Capital spending , Public investment spending , Infrastructure , Public Investment Management Assessment (PIMA)

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Summary

An IMF team, accompanied by the IDB, conducted a Public Investment Management Assessment (PIMA) and Climate PIMA (C-PIMA) in Colombia. The analysis identified advanced practices for an effective management of public investment, but also identified weaknesses throughout the public investment cycle that affect efficiency and effectiveness of infrastructure delivery including in the face of climate change related challenges. The mission team identified six high priority recommendations to improve public investment management, including from a climate change perspective.