Country Overview

In recent years, Peru has enjoyed remarkable economic growth. That said, the country continues to face major challenges from social inequality and environmental degradation. To address these issues, PAGE has supported Peru in the development of national and sectoral green growth policies.

Progress in 2016

Peru has committed itself to undertaking a far-reaching, ambitious green growth development pathway. PAGE’s engagement in Peru has the overall objective of integrating the concept of green growth into national development planning, including:

 

PAGE’s work will support the country’s fulfilment of the OECD Declaration on Green Growth and achievement of the Sustainable Development Goals.

Peru is achieving this through:

Supporting the development of national and sectoral green growth policies with evidence-based analysis

Convening and collaborating with a wide range of stakeholders from the public and private sectors and from civil society

2016: The year of putting analysis into action

The results of PAGE’s initial stocktaking report and economic modelling analyses are informing policy initiatives of the Peruvian government:

Peru’s Ministry of Environment approved and published its Guidelines for Green Growth in July 2016

Several proposed instruments have been initiated:

  • Creation of Urban Transport Authority
  • Reform of fuel consumption tax
  • Signing of Teleworking Pact
  • Promotion of cooperatives to empower small- scale farmers

Keeping green economy on the agenda

In the lead up to Peru’s presidential election in 2016, PAGE and the Universidad del Pacifico supported, during the first Public National Forum on ‘Green Growth for the Peruvian Economy’, a hotly contested debate between the two presidential candidates’ teams on the meaning of and opportunities for green growth in Peru.

The event ensured that inclusive green economy was firmly on the agenda of the presidential campaign and, ultimately, the incoming administration’s policy priorities. It was attended by 143 people from business associations, national and international media, private companies, student associations, embassies, municipalities of Metropolitan Lima and UN Agencies

The new government’s commitment to a green economy agenda is inter-institutional, demonstrated through PAGE’s direct collaboration with seven ministries as well as the private sector and civil society.

Furthermore, the development of the national green growth strategy is co-led by the Ministry of Environment and the Ministry of Economy and Finance. This strategy will build a bridge between environmental sustainability, competitiveness and labour formalization, key concerns for Peru’s economy.

Regional and sectoral changes in Peru

How does PAGE's work in Peru meet its objectives?