Green Growth Planning – Peru
The Global Green Growth Institute (GGGI) supports emerging and developing countries that seek to develop rigorous green growth economic development strategies.
It places the best available analytical tools at the countries’ disposal, building their institutional capacity to apply these tools for their own purposes, and engaging them in an international process of mutual learning with other countries on a similar journey.
The program also supports the implementation of green growth plans by advising on their institutionalization in governmental structures and policy as well as by engaging private investors and public donors in their successful execution.
The work will include macro- and micro-economic analyses of low-carbon development options, as well as policy and carbon finance recommendations.
The goal is to develop a comprehensive green growth strategy focused on rural electrification, management of forests, water scarcity and agricultural productivity – the key elements of which will be included in the government’s new Plan for Accelerated and Sustained Development to End Poverty (PASDEP).
GGGI will also identify the long term institutional requirements to implement the plan and to embed green growth planning in the country.
Activities in Peru
Peru is one of Latin America’s fastest growing economies and is expected to remain as such in the medium term. With a degree of economic stability in place, the Government of Peru (GoP) is working to ensure that the country’s development is inclusive and sustainable. Despite recent economic growth, significant socioeconomic disparities still exist between urban and rural populations, and some level of environmental degradation persists. The GoP is working to address these challenges through green growth and has engaged GGGI to promote green growth and sustainable development in three areas: forest policy, competitiveness and water policy.
Recognizing that deforestation impacts the livelihoods of a large portion of Peru’s rural population and contributes significantly to the country’s Greenhouse Gas (GHG) emissions, the GoP is taking committed steps to stem the negative effects of deforestation, reduce GHG emissions, and preserve the value of forests for the country’s rural population.
In 2012, GGGI supported the GoP in the design and implementation of the National Forest and Wildlife Plan (NFWP) that aims to development of an economically viable forest sector.
Throughout 2014, GGGI helped enhance forest-related ministerial coordination and provided support for the establishment of the institutional framework for the development of the NFWP.
In support of a sustainable water sector, GGGI worked closely in 2014 with the 2030 Water Resources Group (WRG), to design a joint work plan to facilitate the implementation of the National Water Authority’s (ANA) National Water Resources Management Plan.
GGGI supported the formation of a multi-stakeholder committee of public and private partners to catalyze investment in water projects as well as the development of analytical tools to promote the use of innovative financial mechanisms for funding water projects. GGGI also signed an Memorandum of Understanding in order to formalize its cooperation with ANA in early 2014.
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