The journal Sustainability (MDPI) has recently published the scientific article Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis, authored by Juan Diego Restrepo, Mauro Masiero, and Alessandro Leonardi. The study analyzes five Colombian Water Funds affiliated with the Latin American Water Funds Partnership (LAWFP) to understand why some of these mechanisms remain operational over time while others dissolve.

Read More

The journal Sustainability (MDPI) has recently published the scientific article Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis, authored by Juan Diego Restrepo, Mauro Masiero, and Alessandro Leonardi. The study analyzes five Colombian Water Funds affiliated with the Latin American Water Funds Partnership (LAWFP) to understand why some of these mechanisms remain operational over time while others dissolve.

Read More

The journal Sustainability (MDPI) has recently published the scientific article Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis, authored by Juan Diego Restrepo, Mauro Masiero, and Alessandro Leonardi. The study analyzes five Colombian Water Funds affiliated with the Latin American Water Funds Partnership (LAWFP) to understand why some of these mechanisms remain operational over time while others dissolve.

Read More
{"id":22176,"date":"2026-03-16T17:46:17","date_gmt":"2026-03-16T16:46:17","guid":{"rendered":"https:\/\/www.etifor.com\/en\/?p=22176"},"modified":"2026-03-27T16:10:55","modified_gmt":"2026-03-27T15:10:55","slug":"assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis","status":"publish","type":"post","link":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/","title":{"rendered":"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis<\/span>"},"content":{"rendered":"

<\/span><\/div><\/div>

The journal Sustainability<\/em> (MDPI) has recently published the scientific article Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis<\/strong>, authored by Juan Diego Restrepo, Mauro Masiero, and Alessandro Leonardi. The study analyzes five Colombian Water Funds affiliated with the Latin American Water Funds Partnership (LAWFP) to understand why some of these mechanisms remain operational over time while others dissolve.<\/p>\n<\/div>

<\/div>
<\/div><\/div>
<\/div>
\n
\n
\n
\n
\n
\n
\n

Drawing on Elinor Ostrom’s Institutional Analysis and Development (IAD) Framework \u2014 a widely used theoretical tool for studying the governance of common-pool resources \u2014 adapted for the analysis of payment for ecosystem services schemes, the research shows that the continuity of Water Funds depends primarily on three factors: the institutional strength of the actors involved, the trust between public and private stakeholders, and the quality of collaboration with regional environmental authorities. Funds structured as independent organizations, with strong roots in local social capital, proved significantly more stable over time.<\/p>\n

Etifor contributed to this work through Alessandro Leonardi, co-author of the study and a key figure in the development of the analytical framework. The paper reflects Etifor’s ongoing commitment to research on Payment for Ecosystem Services and water governance, helping to fill a still surprisingly large gap in the scientific literature on these mechanisms.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\n
\n
\n
\n
\n
<\/div>\n
<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>
<\/div>
<\/div><\/div>
<\/div>
<\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/span><\/div><\/div><\/div>

PAPER DETAILS<\/strong><\/p>\n

Title: <\/strong>Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis<\/p>\n

Authors: <\/strong>Juan Diego Restrepo, Mauro Masiero and Alessandro Leonardi<\/p>\n

Year of publication:<\/strong>\u00a02025<\/p>\n<\/div>

<\/i>Download paper<\/span><\/a><\/div><\/div><\/div>
<\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":8,"featured_media":22177,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[44,38],"tags":[],"goal":[],"funder":[],"market":[],"area":[],"class_list":["post-22176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive","category-publications"],"acf":[],"yoast_head":"\nAssessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"Etifor\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-16T16:46:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-27T15:10:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.etifor.com\/en\/wp-content\/uploads\/2026\/03\/sustainability-17-10407-g001-550.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"550\" \/>\n\t<meta property=\"og:image:height\" content=\"425\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Elia Ferraccioli\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elia Ferraccioli\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/\"},\"author\":{\"name\":\"Elia Ferraccioli\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/#\\\/schema\\\/person\\\/735ca6e84cc20ca0fb38d2f4591c9a00\"},\"headline\":\"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis\",\"datePublished\":\"2026-03-16T16:46:17+00:00\",\"dateModified\":\"2026-03-27T15:10:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/\"},\"wordCount\":4871,\"image\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/sustainability-17-10407-g001-550.webp\",\"articleSection\":[\"Archive\",\"Studies and research\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/\",\"url\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/\",\"name\":\"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/sustainability-17-10407-g001-550.webp\",\"datePublished\":\"2026-03-16T16:46:17+00:00\",\"dateModified\":\"2026-03-27T15:10:55+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/#\\\/schema\\\/person\\\/735ca6e84cc20ca0fb38d2f4591c9a00\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/sustainability-17-10407-g001-550.webp\",\"contentUrl\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/sustainability-17-10407-g001-550.webp\",\"width\":550,\"height\":425},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/publications\\\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Studies and research\",\"item\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/category\\\/publications\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/\",\"name\":\"Etifor\",\"description\":\"Valuing nature\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/#\\\/schema\\\/person\\\/735ca6e84cc20ca0fb38d2f4591c9a00\",\"name\":\"Elia Ferraccioli\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/614dd19869b9c8cde79ce6fcb4e98a37dd4569c60c8ae6ee1b2699d89c512a0a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/614dd19869b9c8cde79ce6fcb4e98a37dd4569c60c8ae6ee1b2699d89c512a0a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/614dd19869b9c8cde79ce6fcb4e98a37dd4569c60c8ae6ee1b2699d89c512a0a?s=96&d=mm&r=g\",\"caption\":\"Elia Ferraccioli\"},\"sameAs\":[\"https:\\\/\\\/www.etifor.com\\\/it\\\/\"],\"url\":\"https:\\\/\\\/www.etifor.com\\\/en\\\/author\\\/eliaferraccioli\\\/\",\"jobTitle\":\"Digital Marketing Specialist\",\"worksFor\":{\"@type\":\"Organization\",\"name\":\"Etifor - Valuing Nature\",\"url\":\"https:\\\/\\\/www.etifor.com\",\"@id\":\"https:\\\/\\\/www.etifor.com\\\/#organization\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/","og_locale":"en_GB","og_type":"article","og_title":"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis","og_url":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/","og_site_name":"Etifor","article_published_time":"2026-03-16T16:46:17+00:00","article_modified_time":"2026-03-27T15:10:55+00:00","og_image":[{"width":550,"height":425,"url":"https:\/\/www.etifor.com\/en\/wp-content\/uploads\/2026\/03\/sustainability-17-10407-g001-550.webp","type":"image\/webp"}],"author":"Elia Ferraccioli","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Elia Ferraccioli","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/#article","isPartOf":{"@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/"},"author":{"name":"Elia Ferraccioli","@id":"https:\/\/www.etifor.com\/en\/#\/schema\/person\/735ca6e84cc20ca0fb38d2f4591c9a00"},"headline":"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis","datePublished":"2026-03-16T16:46:17+00:00","dateModified":"2026-03-27T15:10:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/"},"wordCount":4871,"image":{"@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etifor.com\/en\/wp-content\/uploads\/2026\/03\/sustainability-17-10407-g001-550.webp","articleSection":["Archive","Studies and research"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/","url":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/","name":"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis","isPartOf":{"@id":"https:\/\/www.etifor.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/#primaryimage"},"image":{"@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etifor.com\/en\/wp-content\/uploads\/2026\/03\/sustainability-17-10407-g001-550.webp","datePublished":"2026-03-16T16:46:17+00:00","dateModified":"2026-03-27T15:10:55+00:00","author":{"@id":"https:\/\/www.etifor.com\/en\/#\/schema\/person\/735ca6e84cc20ca0fb38d2f4591c9a00"},"breadcrumb":{"@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/#primaryimage","url":"https:\/\/www.etifor.com\/en\/wp-content\/uploads\/2026\/03\/sustainability-17-10407-g001-550.webp","contentUrl":"https:\/\/www.etifor.com\/en\/wp-content\/uploads\/2026\/03\/sustainability-17-10407-g001-550.webp","width":550,"height":425},{"@type":"BreadcrumbList","@id":"https:\/\/www.etifor.com\/en\/publications\/assessing-governance-and-impacts-of-water-funds-in-colombia-an-institutional-analysis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.etifor.com\/en\/"},{"@type":"ListItem","position":2,"name":"Studies and research","item":"https:\/\/www.etifor.com\/en\/category\/publications\/"},{"@type":"ListItem","position":3,"name":"Assessing Governance and Impacts of Water Funds in Colombia: An Institutional Analysis"}]},{"@type":"WebSite","@id":"https:\/\/www.etifor.com\/en\/#website","url":"https:\/\/www.etifor.com\/en\/","name":"Etifor","description":"Valuing nature","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.etifor.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.etifor.com\/en\/#\/schema\/person\/735ca6e84cc20ca0fb38d2f4591c9a00","name":"Elia Ferraccioli","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/614dd19869b9c8cde79ce6fcb4e98a37dd4569c60c8ae6ee1b2699d89c512a0a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/614dd19869b9c8cde79ce6fcb4e98a37dd4569c60c8ae6ee1b2699d89c512a0a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/614dd19869b9c8cde79ce6fcb4e98a37dd4569c60c8ae6ee1b2699d89c512a0a?s=96&d=mm&r=g","caption":"Elia Ferraccioli"},"sameAs":["https:\/\/www.etifor.com\/it\/"],"url":"https:\/\/www.etifor.com\/en\/author\/eliaferraccioli\/","jobTitle":"Digital Marketing Specialist","worksFor":{"@type":"Organization","name":"Etifor - Valuing Nature","url":"https:\/\/www.etifor.com","@id":"https:\/\/www.etifor.com\/#organization"}}]}},"_links":{"self":[{"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/posts\/22176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/comments?post=22176"}],"version-history":[{"count":3,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/posts\/22176\/revisions"}],"predecessor-version":[{"id":22251,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/posts\/22176\/revisions\/22251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/media\/22177"}],"wp:attachment":[{"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/media?parent=22176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/categories?post=22176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/tags?post=22176"},{"taxonomy":"goal","embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/goal?post=22176"},{"taxonomy":"funder","embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/funder?post=22176"},{"taxonomy":"market","embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/market?post=22176"},{"taxonomy":"area","embeddable":true,"href":"https:\/\/www.etifor.com\/en\/wp-json\/wp\/v2\/area?post=22176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}