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[SITUATION] · [QUIET] · [CULTURE]
2 clusters · 8 sources · 3 days · First seen · Last updated
Festival Cordillera economic and environmental impact
Overview
The fifth edition of the Festival Cordillera took place on September 12 and 13 at Bogotá’s Simón Bolívar Park, attracting approximately 70,000 attendees. The event included a mix of domestic travelers (26.3%) and international visitors (13.7%).
The festival resulted in an estimated economic impact exceeding 80 billion Colombian pesos, benefiting the hospitality, transport, gastronomy, and commerce sectors. It also supported over 55,000 direct, indirect, and induced jobs and contributed roughly 2.3 billion pesos in parafiscal contributions.
Alongside the musical performances, the initiative ‘Ecos por la Amazonía’ was launched by Páramo Impacta and NESsT. This impact investment fund utilizes festival transactions to support the conservation of 1,200 square meters of jungle and to assist local indigenous bio-businesses.
Entities
Festival Cordillera · Ecos por la Amazonía · Simón Bolívar Park · Parque Simón Bolívar · Q' Lokura
Timeline
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7 days ago
[CULTURE] 5 sourcesLatin American music festivals drive economic and cultural impactMusic festivals in Latin America report significant impact: Festival Cordillera drew 70,000 people and generated $80 billion in economic activity, while Bolívar Fest prepares for its 2026 edition.
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10 days ago
[CULTURE] 3 sourcesFestival Cordillera generates 80 billion pesos in BogotáThe fifth Festival Cordillera in Bogotá drew 70,000 attendees, generating over 80 billion pesos in economic impact and launching a new Amazon rainforest conservation initiative.
Sources
alternativaenpapel.com.ar · canaltrece.com.co · diariodelcauca.com.co · diariodelsur.com.co · elespectador.com · infozona.com.ar · sinmordaza.com · valoraanalitik.com