Impact investments for the sustainable use of biodiversity in Peru - Internationale Climate Initiative (IKI)
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Impact investments for the sustainable use of biodiversity in Peru

As of: July 2021

With more than 80 percent of the territory covered by forest ecosystems, Peru is considered one of the 17 megadiverse countries in the world. Peru´s current economie is highly dependent on the use of non-renewable natural resources, creating considerable negative impacts on the biological diversity. To counteract this problem, Peru committed itself to foster the sustainable use of its biodiversity, thereby improving its competitiveness. The project increases public and private impact investments in green business models that promote the sustainable use of biodiversity. The measures therefore include the planning/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.

State of implementation/results

  • In October 2020, Peru participated in the session "Financial Incentives for a Biodiversity Friendly Future - Is Green Recovery a Catalyst?" held at the Global Landscapes Forum. Vice Minister Gabriel Quijandría emphasized that the COVID-19 health crisis has highlighted the need to rethink our relationship with nature. The potentials that nature offers us should be used and promoted. Link: www.international-climate-initiative.com/…
  • Together with the IKI Green Economy Transformation project in cooperation with the Partnership for Action on Green Economy (PAGE), the "Green Protocol" was signed by the Ministry of Environment and the financial sector. The objective is to promote the integration of sustainability criteria in the portfolio of the Peruvian banking system. Link: cdn.www.gob.pe/…

Project data

Country:
Peru

Political partner(s):
  • Ministry of Environment (MINAM) - Peru

BMU grant:
5.900.000,00 €

Duration:
04/2020  till  03/2025




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