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.
Key Documents & Presentations
|Peru: PMR Project Implementation Status Report 2017||English||October 2017|
|Peru: Final Market Readiness Proposal||English||April 2016|
|Peru: Final MRP Presentation||English||April 2016|
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.
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.
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.
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.
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.
All Documents & Presentations
|Peru: Plan for Climate Change||English||September 2014|
|Peru: Organizing Framework||English||March 2013|
|Peru: Expression of Interest (EoI)||English||October 2012|
|Peru: Expression of Interest Presentation||English||October 2012|
|Peru: Analytical Work to Support Mid- and Long-term Mitigation Options||English||June 2015|
|Resolution PA14/2016-3: Allocation of Implementation Phase Funding to Peru||English||May 2016|
|Resolution PA14/2016-6: Approval of Delivery Partner Arrangement for Peru||English||May 2016|
|Resolution PA4/2012-1: Confirmation of Peru as an Implementing Country Participant||English||October 2012|
|Peru: Country Program Update||English||November 2018|
|Peru: PMR Project Implementation Status Report 2018||English||October 2018|
|Peru: INDCs - Hitos a lo Largo de Senderos de Desarrollo Soisteinible Bajo en Carbono a Largo Plazo||English||April 2016|
|Peru: Draft Market Readiness Proposal||English||October 2015|
- Working group
EC – Low Emission Development Strategy , USAID
- Capacity building workshop
NAMAs: Transport, Materials, Construction and Bioenergy (GIZ, UNDP, ICI-BMU)