Peru

Peru develops the building blocks of a national mitigation action management system, including GHG data reporting and emissions registry, and designing GHG crediting instruments for pilot mitigation actions. 

Country Information

Key Documents & Presentations

Most Recent
Document Language Date
PDF icon Peru: PMR Project Implementation Status Report 2017 English October 2017
Market Readiness Proposal
Document Language Date
PDF icon Peru: Final Market Readiness Proposal English April 2016
PDF icon Peru: Final MRP Presentation English April 2016

Market-based Approach

Peru is seeking to ensure that the development of NAMAs (supported/credited) is fully consistent with and supports key national processes related to Measurement, reporting & verification (MRV) of development & climate impacts.

The PMR will support Peru to:

  • Map readiness needs and capacity gaps in various NAMAs to select suitable sectors for a market instrument; and
  • Develop market readiness infrastructure and prepare for piloting.

Source: PMR Organizing Framework submitted by the Peruvian government, March 2013

Emissions Trading

Further research and design is required to pilot ETS, including the appropriate type, scope and scale. Major sectors of emissions are energy, housing, industry, waste, and transport and therefore there are potential emissions in these five sectors.

Source: PMR Organizing Framework submitted by the Peruvian government, March 2013

Offset and/or Other Emission Reduction Crediting Programs

Peru is currently in the process of identifying GHG mitigation programs in key sectors that may integrate a crediting instrument to generate tradable carbon offset. Research needs to be conducted to examine the applicability of other additional or complementary sectoral mechanisms, such as a scaled-up crediting mechanism.

Source: PMR Organizing Framework submitted by the Peruvian government, March 2013

National Context

Due to the coupling between economic growth and GHG emissions, Peru’s economy has high carbon intensity. Peru envisioned voluntary commitments for 2021 by net emissions declining to zero in LULUCF, the shift 40% of the national energy consumption to non-conventional renewable energy and hydro-energy, and the capture and use of methane by properly dispose of municipal solid waste.

Source: PMR Organizing Framework submitted by the Peruvian government, March 2013

In 1993, National Commission for Climate Change was formulated and the National Environmental Agenda for 1997-1999 was prepared in 1996. National Law for Regional Governments (Law No. 27867) was enacted in 2002 and Law for the National Environmental Management System (Law No. 28245) passed in 2004. General Law for the Environment (Law No. 28611) was prepared in 2005. The Ministry for the Environment was established as per the legislative decree No. 1013. Finally, National Policy for the Environment was prepared in 2009 and the National Strategy for Climate Change was updated in 2012.

Source: PMR Organizing Framework submitted by the Peruvian government, March 2013

News

Peru will host the annual UN climate change negotiations (COP20) of the United Nations Framework Convention on Climate Change. 

All Documents & Presentations

  • Working group

EC – Low Emission Development Strategy , USAID

  • Capacity building workshop

NAMAs: Transport, Materials, Construction and Bioenergy (GIZ, UNDP, ICI-BMU)

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