Sustainable Transformation of the Colombian Financial System: New Regulations on Comprehensive Environmental, Social, and Climate Risk Management External Circular 015 of 2025, issued on October 3 by the Colombian Financial Superintendency, marks a milestone in the...

By Daniel Peña Valenzuela, Partner Peña Mancero Abogados I. Introduction Colombia’s constitutional framework establishes the protection of biodiversity as a fundamental duty of the State and a right of all citizens (derecho fundamental y colectivo). As one of the most...