Overall Objective
GGGI’s objective in Peru is to support the government in the development of institutional, technical and financial capacities to implement national policy mechanisms for green growth, according to the priorities established in the National Competitiveness and Productivity Plan, National Environmental Law and other environmental and climate efforts and commitments. GGGI supports public institutions at the national and regional levels to achieve their green growth ambitions by implementing strategies such as greening financial systems, reducing deforestation through agroforestry concessions, and promoting circular economy through waste management and valorization.
Strategic Outcome Targets
GHG Reductions | 30,000 GgC02eq |
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Green Jobs | 10,000 green jobs |
Sustainable Services | 225,000 people access sustainable services |
Reducing Deforestation | Reduced rate of deforestation driven by family farmers, from 22.15% to 15% |
Enhanced Adaptation to Climate Change | Target Setting in Progress |
Contact
Resource Partner
NICFI
NDCP
BMVI
SDC
Implementation Partner
World Agroforestry Centre (ICRAF)
Sociedad Peruana de Derecho Ambiental (SPDA)
Government Counterpart
Ministry of Economy and Finance (MEF)
Ministry of Environment (MINAM)
Ministry of Agriculture (MINAGRI)
Lima Municipality (MML)
Context
Peru has been one of the world’s fastest growing economies over the last decade. In an effort to balance economic growth with the sustainable use of natural resources to increase competitiveness, Peru has developed a multi-sectoral agenda led by the Ministry of Economy and Finance’s National Competitiveness and Formalization Council (CNCF) that tasks 12 sectors with improving efficiency in productive processes and natural resource use. Together with the government’s Green Growth Guidelines and Green Finance Roadmap, the implementation of these framework documents will drive new sources of growth, innovation and job creation and chart the way for the country to achieve its NDC and SDG commitments.
While Peru has committed to climate action and sustainability at the national level, its implementation requires intersectoral coordination and technical support. To this end, GGGI’s Peru program is supporting the government in implementing tasks related to specific actions in priority areas of NDCs and OECD recommendations of land use and water, while ensuring synergies between different strategies in these important sectors. Furthermore, GGGI supports green growth implementation at national, regional and local levels, in both urban and rural areas, and in sectors related to sustainable landscapes, urban waste, green finances, and climate action.
News
News • February 22, 2023
COFIDE y el Global Green Growth Institute firman acuerdo de cooperación para la emisión de bonos temáticos en el Perú
Lima, 15 de febrero de 2023.- En el marco de la alianza interinstitucional lograda entre la Bolsa de Valores de Lima (BVL) y el Global Green Growth Institute (GGGI) en agosto del 2022, para impulsar la sostenibilidad en el Perú, COFIDE se suma a esta iniciativa firmando un acuerdo de cooperación para la emisión de […]
News • December 20, 2022
Gobierno del Perú publica el primer Reporte de Asignación e Impacto de Bonos Sostenibles
El reporte, elaborado por el Ministerio de Economía y Finanzas con la asistencia técnica del Global Green Growth Institute, es parte del compromiso del gobierno peruano como emisor de bonos sostenibles de informar sobre los avances en la asignación de capital captado a partir de la primera emisión de los dos Bonos Sostenibles y un […]
News • November 30, 2022
Global Green Growth Institute apoya el diálogo para la construcción de una visión sobre mercado de Carbono en el Perú
El evento se desarrolló en el marco de proyecto liderado por el Global Green Growth Institute (GGGI) bajo el programa de asistencia técnica del Instituto de Industria y Tecnología Ambiental de Corea (KEITI), el cual busca apoyar al gobierno peruano en los primeros pasos para la elaboración de una hoja de ruta hacia un mercado […]
News • September 6, 2022
Profonanpe y el Global Green Growth Institute firman acuerdo de cooperación interinstitucional para promover el financiamiento verde en el Perú
La alianza interinstitucional se realiza como parte de los esfuerzos de ambas instituciones para promover el financiamiento y el diseño de iniciativas conjuntas alineadas a las prioridades nacionales en materia de conservación de ecosistemas, biodiversidad, economía circular y cambio climático. Lima, 30 agosto de 2022 .- Con el objetivo de potenciar el cumplimiento de las […]
News • July 21, 2021
Peru gets ready to issue first sustainable bonds with new official Framework
Lima, July 16, 2021 –Peru’s Ministry of Economy and Finance has officially approved the country’s Sustainable Bond Framework (Ministerial Resolution N° 221-2021-EF/52) following the stringent standards of the International Capital Market Association (ICMA), which establishes principles and recommendations for the governing and issuance process in order to promote transparency and integrity in the ever-growing thematic […]
News • May 4, 2021
Green and Resilient Recovery Brochure
In partnership with Members and peers, GGGI has developed a flexible model and service offering to stimulate Green and Resilient Recovery based on international best practices and insights. Click here to download WEB version. Click here to download PRINT version.
News • April 29, 2021
Peru Promotes Sustainable Sovereign Bond Issuance for Economic Recovery
Financed by UK PACT (Partnering for Accelerated Climate Transitions), the British Embassy and the Global Green Growth Institute (hereinafter GGGI), held an Earth Day webinar with participants from the Ministry of Economy and Finance of Peru, the Ministry of Finance of Chile and the Climate Bonds Initiative on the importance of sustainable sovereign bonds and their role in COVID recovery and projects that promote emission reduction. […]
News • March 22, 2021
GGGI Peru brings together political parties to discuss green jobs and COVID recovery
Lima, March 19, 2021. This week, with the support of the International Labor Organization – ILO and the United Nations in Peru, GGGI held an online event to discuss green jobs in the context of COVID recovery, the opportunities they offer, and to facilitate a conversation between the representatives of the political parties Fuerza Popular, […]
News • March 3, 2020
GGGI Supports Peru’s New Agroforestry Concessions System for Family Farmers to Reduce Deforestation in the Amazon
The Global Green Growth Institute (GGGI) has partnered with the World Agroforestry Centre (ICRAF) and the Peruvian Society for Environmental Law (SPDA) to support Peru’s efforts to reduce deforestation through an innovative approach that promotes sustainable agroforestry practices and secures land tenure of small farmers in the Amazon. Representatives from the Government of Norway, GGGI, […]
News • July 10, 2018
GGGI and Peru’s National Water and Sanitation Regulator – SUNASS – Present Study on Readiness of Water Utilities to Implement Payment for Ecosystem Services – PES
The Global Green Growth Institute (GGGI) and the National Water and Sanitation Regulator of Peru (SUNASS), hosted an event on July 10, 2018, to present the results of GGGI’s study on the readiness of water utilities to implement Payment for Ecosystem Services (PES) scheme in the country. Peru’s innovative PES legal framework mandates that all […]
News • May 8, 2018
GGGI Signs Framework Cooperation Agreement with Peru’s National Water and Sanitation Regulator – SUNASS
LIMA, PERU – May 10, 2018 – The Global Green Growth Institute (GGGI) and the National Water and Sanitation Regulator (SUNASS), signed a Framework Cooperation Agreement on May 8, 2018. The agreement will allow GGGI and SUNASS to collaborate on developing instruments and policies to promote investment in green infrastructure. Within this framework, GGGI supports […]
News • April 26, 2018
GGGI supports the launch event of Eco-efficient Public Institutions (EcoIP) 2018 at regional level of the Peruvian Ministry of Environment
SAN MARTÍN, PERU – April 26, 2018 – Since 2017, GGGI has supported Peru’s Ministry of Environment (MINAM), through the Directorate for Environmental Quality and Eco-efficiency (DCAE), for the implementation of the Eco-efficient Public Institutions Initiative (EcoIP). EcoIP is a capacity building and technical assistance program in eco-efficiency management for public institutions developed within the framework […]
Projects
PE17
Thematic Areas
Countries
PE17 Capacity building to the government of Peru to support its first sovereign green bond issuance
Start Date | Q1 Feb 1 2021 |
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Funding Source | |
Actual Budget (USD) | 510,062 |
Status | Active |
Thematic Area |
|
PE35
Thematic Areas
Countries
PE35 Co-development of the Circular Economy Strategy for the Metro Municipality of Lima
Start Date | Q2 Apr 29 2022 |
---|---|
Funding Source | |
Actual Budget (USD) | 118,518 |
Status | Active |
Thematic Area |
|
PE08
Countries
PE08 Agroforestry Concessions (AgroFor)
Start Date | Q1 Feb 24 2020 |
---|---|
Funding Source | |
Actual Budget (USD) | 879,839 |
Status | Active |
Thematic Area |
|
PE31
Thematic Areas
Countries
PE31 Thematic bond technical assistance to finance Peru’s green economic recovery
Start Date | Q2 Apr 1 2022 |
---|---|
Funding Source | |
Actual Budget (USD) | 82,926 |
Status | Active |
Thematic Area |
|
PE05
Thematic Areas
Countries
PE05 Mitigating Deforestation in Peru through Land Use Formalization
Start Date | Q1 Jan 1 2019 |
---|---|
Funding Source | |
Actual Budget (USD) | 130,233 |
Status | Complete |
Thematic Area |
|
PE06
Thematic Areas
Countries
PE06 Facilitating investment to restore and protect priority natural ecosystems leading to improved water security for 10 million people in Lima
Start Date | Q1 Feb 1 2019 |
---|---|
Funding Source | |
Actual Budget (USD) | 39,942 |
Status | Complete |
Thematic Area |
|
Thematic Areas
Countries
Project Reference Profiles – Peru(PE07) Support for Design and Implementation of Peru’s Freight Vehicle Scrapping Program
Start Date | Q1 Mar 1 2019 |
---|---|
Funding Source | |
Actual Budget (USD) | 21,948 |
Status | Complete |
Thematic Area |
|
PE09
Thematic Areas
Countries
PE09 Municipality of Lima’s Organic Waste Valorization Program
Start Date | Q1 May 22 2019 |
---|---|
Funding Source | |
Actual Budget (USD) | 96,126 |
Status | Complete |
Thematic Area |
|
P2
Thematic Areas
Countries
P2 Identifying synergies between Green Growth actions across national strategies and implementing priority options
Start Date | Q1 2017 |
---|---|
Funding Source | |
Actual Budget (USD) | 388,000 |
Status | Complete |
Thematic Area |
|
PE1
Thematic Areas
Countries
PE1 Implementation phase of Peru’s National Eco-efficiency Strategy
Start Date | Q1 2017 |
---|---|
Funding Source | |
Actual Budget (USD) | 898,000 |
Status | Complete |
Thematic Area |
|