International
Climate Initiative (IKI)

With more than 80% of the territory covered by forest ecosystems, Peru is considered one of the 17 megadiverse countries in the world. Peru´s current economic model is highly dependent on the use of non-renewable natural resources, creating considerable negative impacts on the country´s biological diversity. To counteract this problem, Peru committed itself to foster the sustainable use of its biodiversity, thereby improving its competitiveness. The aim of the project is to increase public and private impact investments in green business models that promote the sustainable use of biodiversity. The following measures are planned: design/adaptation and implementation of public instruments and mechanisms that promote impact investments in biodiversity, strengthening the enabling conditions for green businesses and the implementation of impact business models. The project contributes to a sustainable economic and social development of the biodiversity-rich Peruvian Amazon region. The project is part of the IKI Corona Response Package.