{"id":2572,"date":"2020-09-30T14:17:16","date_gmt":"2020-09-30T19:17:16","guid":{"rendered":"https:\/\/mesatransparenciaextractivas.org\/uncategorized\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/"},"modified":"2023-06-16T10:49:43","modified_gmt":"2023-06-16T15:49:43","slug":"habra-multimillonario-anticipo-de-regalias-para-obras-de-paz","status":"publish","type":"post","link":"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/","title":{"rendered":"There will be a multimillion dollar advance on royalties for peace projects"},"content":{"rendered":"

President Iv\u00e1n Duque sanctioned this Wednesday the new royalties law, which basically changes the model regarding the distribution of resources<\/b>.<\/p>\n

Therefore, in the act of sanction, Duque not only recalled that this was a campaign promise, but also that with the reform to the General Royalties System, direct allocations for municipalities and departments that are committed to the mining and energy sector will be doubled. They will increase from $2 billion to nearly $4 billion over the biennium.<\/b><\/p>\n

The Presidency also highlighted that during 2021, the departments will be able to streamline investments, directly approving 100% of regional investment resources, estimated at $5.2 trillion.
\n<\/a>
\nBut parallel to this, one of the great novelties of the new law is that it is aThe project allows for an advance payment of 70 percent of the royalty resources foreseen up to 2030 for PDET works,<\/b> i.e. those in the most remote and violence-affected municipalities.<\/p>\n

According to Emilio Archila, Stabilization Advisor, this means that from now until 2022 there will be an investment of some 4.5 trillion pesos in peace-related projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

President Iv\u00e1n Duque sanctioned this Wednesday the new royalties law, which basically changes the model regarding the distribution of resources. Therefore, in the act of sanction, Duque not only recalled that this was a campaign promise, but also that with the reform to the General Royalties System, direct allocations for municipalities and departments that are … Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":2409,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":["post-2572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-en"],"yoast_head":"\nThere will be a multimillion dollar advance on royalties for peace projects - Mesa de la Sociedad Civil para la transparencia en las Industrias Extractivas<\/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:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"There will be a multimillion dollar advance on royalties for peace projects - Mesa de la Sociedad Civil para la transparencia en las Industrias Extractivas\" \/>\n<meta property=\"og:description\" content=\"President Iv\u00e1n Duque sanctioned this Wednesday the new royalties law, which basically changes the model regarding the distribution of resources. 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Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/\" \/>\n<meta property=\"og:site_name\" content=\"Mesa de la Sociedad Civil para la transparencia en las Industrias Extractivas\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-30T19:17:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-16T15:49:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mesatransparenciaextractivas.org\/wp-content\/uploads\/2022\/11\/Habra-multimillonario-anticipo-de-regalias-para-obras-de-paz.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"950\" \/>\n\t<meta property=\"og:image:height\" content=\"475\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/mesatransparenciaextractivas.org\/#\/schema\/person\/8c9343ec4b95471e10f5d7b62b608ab7\"},\"headline\":\"There will be a multimillion dollar advance on royalties for peace projects\",\"datePublished\":\"2020-09-30T19:17:16+00:00\",\"dateModified\":\"2023-06-16T15:49:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/\"},\"wordCount\":182,\"publisher\":{\"@id\":\"https:\/\/mesatransparenciaextractivas.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mesatransparenciaextractivas.org\/wp-content\/uploads\/2022\/11\/Habra-multimillonario-anticipo-de-regalias-para-obras-de-paz.jpeg\",\"articleSection\":[\"Industry News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/\",\"url\":\"https:\/\/mesatransparenciaextractivas.org\/en\/news\/industry-news-en\/habra-multimillonario-anticipo-de-regalias-para-obras-de-paz\/\",\"name\":\"There will be a multimillion dollar advance on royalties for peace projects - 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