Management and Execution of Environmental Royalties in the Province of Tundama, Boyacá: Regulatory Challenges and Barriers in Project Formulation

Abstract

This study analyzes the management and execution of environmental projects financed with resources from the General Royalties System (SGR) in the Tundama Province, Boyacá. The main problem identified is the lack of execution of projects due to the lack of knowledge of the requirements and processes necessary for their approval. The research was developed under a mixed methodological approach, which included a documentary review of current legislation, surveys to key actors in the administration of royalties and the analysis of royalty management platforms. The results show that, despite efforts to allocate resources to environmental projects, regulatory and administrative barriers persist, such as the lack of training and the complexity of procedures. Therefore, the research concludes that it is necessary to strengthen the training of local officials, simplify procedures and control to ensure the effective execution of environmental projects and the optimization of allocated resources.