Land tenure traceability technology

Land Tenure

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Land tenure traceability technology
Traceability and imagery technology solution for land and property formalization.
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Technology and Communications
Technology
Business Model Description

Create technology-based solutions for property formalization (e.g. land titling, building registration, successions, property purchase studies) to secure rights for long-term prosperity powered by real-time property assessment (picture, data collection, satellite data, ownership traceability), legal and technical analysis, case preparation and governmental transactions traceability.

Expected Impact

This initiative intends to reduce inequality in land tenure and land informality in rural areas.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
No Poverty (SDG 1)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Gender Equality (SDG 5) Decent Work and Economic Growth (SDG 8)
Sector Sources
  • 1) MINTIC (2020) Indicadores básicos de TIC en los hogares. Accessed february 8th 2021 2) MINTIC (2019) ¿Qué es el Proyecto de Ley de Modernización del Sector TIC? Accessed february 8th 2021 3) Oxford Business Group (2020) - New ICT laws and attention to innovation increase Colombia's internet coverage. Accessed January 26 2021 4) International Trade Administration (2020) – Information and Communication Technology. Accessed January 26 2021 5) Semana (2018) Analítica de datos, una de las tecnologías con más futuro en el 2018. Accessed February 8th 2021 6) EMIS Insights (2020), Colombia ICT Sector Report 2021-2022 7) MINTIC (2018) Así usan la tecnología las mujeres en Colombia - Accessed February 8th 2021
IOA Sources
  • 8) BID (2018) – El 60 por ciento de los predios rurales no están formalizados. Accessed May 21st 2020 9) Portafolio (2018) - La tarea de formalizar la propiedad rural. Accessed june 5th 2020 10) World Bank (2019) Multipurpose Cadastre Project. Accessed February 8th 2021 11) Ceballos (2016) - Efectos de la formalización de la propiedad de la tierra en el desarrollo rural. Accessed May 21st 2020 (link) 12) Landlinks (n.d.) Mast Technology. Accessed February 8th 2021 13) BID (2018) – El 60 por ciento de los predios rurales no están formalizados. Accessed May 21st 2020 14) FastCompany (2015) - This Startup Is Making It Easier For People Living In Slums To Own Their Land. Accessed may 22nd 2020 15) Caracol (2020) - El 94% del catastro en el país está desactualizado. Accessed August 15th 2020 (link) 16) Sicelo (2018) -Equidad de género en la tenencia y control de la tierra en Colombia: llamado a una acción emancipatoria. Accessed February 8th 2020 18) El Tiempo (2016) - El 64 % de hogares rurales no cuentan con acceso a la tierra. Accessed february 8th 2020. 18) Minagricultura (2019) - Plan Nacional de Desarrollo incluye metas de acceso a tierras, financiamiento y productividad para empoderar a la mujer rural. Accessed february 8th 2020. 19) Cinep (2018) Informe Mujeres rurales en Colombia - Informe Mujeres rurales en Colombia. Accessed February 8th 2020 "20) DNP (2017) - Plan Nacional de Desarrollo (2018 – 2022). " 21) DNP (2019) – Documento Conpes 3958. Accessed June 6th 2020 22) MinAgricutura (2019) – Programa de formalización de la propiedad rural. Accessed June 4th 2020 23) Secretaría del Senado (2012) Ley 1561. Accessed June 2nd 2020 24) USEmbassy (2020) – estados Unidos Apoya el programa “Nuestra Tierra Prospera”. Accessed Aug 15th 2020 25) Decree Law 902 of 2017 Colombia 26) BID (2019) - El catastro multipropósito será una realidad en Colombia con el apoyo del Banco Mundial. Aceessed June 6th 2020 27) DNP (2019) Campo con progreso. Accessed February 8th 2020. 28) Banco Agrario (n.d.) Línea Especial de Crédito con tasa subsidiada para compra de tierras para uso agropecuario. Accessed February 8th 2021 29) El Heraldo (2016) La solución para el problema de titulación rural que propone el Acuerdo. Accessed February 8th 2020. 30) DNP (2018) Objetivos de desarrollo sostenible. Accessed February 8th 2021.