Apr 30, 2020

For Ecopetrol, protecting biodiversity and administering ecosystem services are essential components, warranting their incorporation in the planning of projects and operations, applying a hierarchy of mitigation and contributing to the welfare of local communities in the areas of operation.

The elements for the implementation of the Biodiversity Strategy are as follows:

1. Incorporation of biodiversity criteria in project and operations planning, updating of biodiversity baselines and resilience analysis: this element seeks to identify, characterize and monitor current and potential interventions of the Company in relation to biodiversity and ecosystem services, as well as to incorporate mitigation hierarchy in projects and operations.

2. Landscape-scale intervention in priority areas: based on land planning and the viability of Ecopetrol's projects and operations, this element seeks to reduce conflicts over land use and ecosystem services, achieving a balance between ecological, social and economic benefits, through the implementation of aggregate projects in the prioritized landscapes.

3. Compensation and conservation of ecosystems: this element refers to the need to implement actions to compensate possible residual impacts on biodiversity, as well as in situ and ex situ conservation, so as to maintain viable populations of flora and fauna and the resilience of socio-ecological systems. Likewise, it seeks to offer support to the supply of ecosystem services in each of the areas of influence.

4. Nature-based solutions and sustainable use of biodiversity: this element seeks the conservation of ecosystems and the restoration of degraded areas, through sustainable productive projects that allow the achievement of socio-environmental business objectives, the implementation of forest carbon projects and adaptation based on ecosystems, the implementation of eco-reserve network, and the strengthening of capacities to foster Bioprospecting and Bioeconomics.

These projects seek to contribute to maintaining the provision of ecosystem services such as water flow regulation, food provision, biodiversity conservation, CO2 sequestration, adaptation and reducing the vulnerability of regions to climate change.

The main achievements of the Biodiversity program for 2019 were:

  • Conservation in two eco-reserves, which represent 414 hectares dedicated to conservation.
  • Planting of 440,152 trees, distributed throughout all regions where Ecopetrol operates nationwide and donation of 97,802 trees.
  • Planting of 93.28 hectares in restoration processes. Likewise, 103 hectares were isolated to favor natural area conservation processes.
  • Signing of 32 voluntary conservation agreements with communities, adding 30,251 hectares to conservation and 40 hectares in restoration.
  • Creation of 71 agroforestry systems, in 181 hectares dedicated to sustainable production systems. In addition to one forestry-grassing project comprising 100 hectares.
  • As conservation incentives with the communities, 72 eco-efficient stoves, 70 water harvesting systems, 66 home gardens and 15 single-family domestic wastewater treatment systems (STARDU for its Spanish acronym) were installed.
  • Eight nurseries were established, in which about 90,000 seedlings were produced, which have been used in the restoration processes and donation of plant material to the communities.
  • Support for the declaration of seven protection areas, whereby the conservation of 5,657 hectares is ensured.
  • Conservation of 15 native species through the Wildlife Project:
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