Peru’s vast forest landscapes are threatened by timber and non-timber harvesting, expansion of farming and livestock, and weak governance of public and natural resources. Peru is addressing these challenges to reduce deforestation and forest degradation while improving the livelihoods of forest-dependent people.
Source: World Bank
In line with its national REDD+ strategy, Peru has developed a FIP investment plan that is focusing $50 million on integrated forest landscape management in key deforestation “hotspots.” The plan includes a number of activities that will help preserve the rich biodiversity of the country.
The plan addresses titling and registration of rural properties and communal lands to end open access to forest resources, improvement of forest and environmental governance, enhancement of the value of environmental assets of forests and degraded areas, and activities for innovation and market development.
One of the most mega biodiverse countries on the planet, with 11 ecological regions and 84 of Earth’s 117 different types of “life zone”
|NAME||FUND||FUNDING (USD MILLION)||COFINANCING (USD MILLION)||MDB|
|Dedicated Grant Mechanism in Peru||FUNDForest Investment Program||COFINANCING (USD MILLION) 5.5||FUNDING (USD MILLION)||MDBIBRD|
|Forest Investment Program Peru||FUNDForest Investment Program||COFINANCING (USD MILLION) 36.3||FUNDING (USD MILLION)||MDBIDB|
The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding. Together, they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.