Peru

Within the framework of its second NDC submission in December 2020, Peru has expressed its commitment to continue to increase its target to reduce emissions from 20 to 30 percent by 2030 - and to increase this target to 40 percent against the established business-as-usual scenario if international support is provided.A further update of the NDCs, particularly with regard to improved quality and transparency, is planned for October 2025. 

Adaptation measures concentrate on water, agriculture, fisheries, forests and health. Mitigation measures concentrate on energy, waste, industry and agriculture. The targets are to be implemented with the participation of all sectors, government levels and stakeholders, the private sector and civil society (especially the indigenous population and women). Peru also has a long-term strategy that specifies that the country should achieve CO₂ neutrality by 2050.

The National Biodiversity Strategies and Action Plan (NBSAP) is in an updating process that is based on the new Kunming-Montreal Global Biodiversity Framework (GBF). Peru has already established a roadmap for the establishment of green financial instruments (Hoja de Ruta de Finanzas Verdes), a key framework for the implementation of the new NBSAP.

Peru has also updated its National Strategy for Nature Reserves. This defines the political and strategic planning guidelines, the conceptual framework for effective management and the long-term establishment and operation of nature reserves. 

The priorities of the IKI projects cover all four funding areas.

In the case of mitigation, the focus is on the implementation of the NDC, sustainable mobility and infrastructure, as well as on the conservation of natural carbon sinks. The rapidly increasing demand for energy and mobility and the emissions associated with it pose a challenge.

The projects from the green areas of adaptation, natural carbon sinks and biodiversity concentrate particularly on conservation areas, sustainable forest and land use, and on strengthening the resilience of the population to climate change. One challenge here is the ongoing deforestation of the rainforest and the conservation of local biodiversity. The special consideration of indigenous communities is an overarching issue of the IKI in Peru across all areas.

In 2022, the German-Peruvian Climate Partnership was initiated  - with the participation of all ministries responsible for the IKI as well as the Federal Ministry for Economic Cooperation and Development (BMZ). The aim of this partnership is to expand the cooperation between the two countries in the environmental and climate sectors.

Together with the Peruvian government, the IKI started a country call in 2021, from which two projects have emerged. The funding priorities are the implementation of the NDC and the implementation of the Rio Conventions. 

Peru has been a member of the NDC Partnership (NDCP) since 2017. Since then, the Ministry of the Environment (Ministerio del Ambiente - MINAM) has filed several requests for support to the NDCP, some of which have been adopted by the IKI.

Furthermore, Peru is a partner country in the UNDP NDC Support Programme, which is funded by the IKI and which also supports the government in the implementation of the NDC.