Case Study: Gender Equality and Social Inclusion (GESI) in the development of the Peruvian Sustainable Bond Framework

At a Glance

Publication Date July 2022
Format pdf
Country Peru
Thematic Areas Gender and Inclusive Development, Climate Resilient and Green Growth, Climate Finance, Green Growth

In July 2021, the Republic of Peru, through its Ministry of Economy and Finance (MEF), approved the Peru Sustainable Bond Framework (Ministerial Resolution No. 221-2021-EF/52), after a process headed by the General Directorate of the Treasury and had the support of the National Council for Competitiveness and Formalization, and the technical assistance of the Global Green Growth Institute (GGGI) within the framework of the project financed by the United Kingdom Pact Program (UK PACT). This Framework focuses on the integration of Gender Equality and Social Inclusion (GESI) by including specific categories of financing for vulnerable groups such as women, children, youth, the elderly, and the Small and medium-sized enterprises (SME) as key direct and indirect beneficiaries.

The case study presents the integration of GESI approach in the design process of the Framework, through the development of different materials, training and ability building sessions provided to private industry, academia, NGOs, and government to promote the bond as an innovative financial instrument oriented to investment projects with a positive impact on women and vulnerable groups, and the highlighted lessons learned and recommendations on the overall implementation of the project as a result of a comprehensive review of national public policies on gender, social inclusion and vulnerable populations.