Map of Peru Peru

Total REDD+ Finance Committed:

$147,578,260

Total REDD+ Finance Disbursed:

$67,875,424

Peru has a forest cover 73.3 million hectares, with the Amazon Rainforest, covering more than 60% of the country’s territory. The Peruvian Ministry of Environment (MINAM) estimates the country’s annual deforestation rate at approximately 0.15%, which is relatively low when compared to its South American neighbors. However, deforestation is considered the primary source of greenhouse gas (GHG) emissions in the country.

Peru submitted its Readiness Preparation Proposal (R-PP) to the Forest Carbon Partnership Facility (FCPF) in March 2011, and was accepted in early 2014, with grant agreement signed in June 2014.Peru later presented the final version of its investment plan under the Forest Investment Program (FIP), and was approved for an award of US$ 41.8 million.

Overview: REDD+ finance flowing to Peru

Peru’s REDD+ financing landscape is set out below:

Flows of REDD+ finance between donors and recipients, 2009-2014

 
New - Interactive Chart

Flows of REDD+ finance between donors and recipients, 2009-2013

Cumulative commitments and disbursements, 2009-2014

 
   
  • Flows of REDD+ finance between donors and recipients, 2009-2014

    Chart Description

    Donor Governments contributed over half, or 55% of the total amount of REDD+ funding committed to Peru during the period of 2009-2013. Approximately a third (35%) of this funding was committed directly to the Peruvian government, with an additional third (33%) being directed to International NGOs, such as The Nature Conservancy (TNC), Conservation International (CI), and the Center for International Forestry Reseach (CIFOR).

    Financial flows from private foundations represent US$9.8 million, or about 12% of the total REDD+ finance committed to the country. The Moore Foundation is responsible for allocating 93% of these funds across a diverse group of recipients, including the Peruvian Ministry of the Environment (MINAM), Peruvian NGOs, and Fondo de las Americas (FONDAM). FONDAM manages debt-for-nature swaps between the government of Peru and US.

    NOTE: In general, international NGOs/academic institutions tend to be recipients of REDD+ funding rather than donors. However, in some instances, International NGOs are listed as donors when finance cannot be tracked back to another donor organization.

    Relevant Frequently Asked Questions

  • Flows of REDD+ finance between donors and recipients, 2009-2013

     

    Chart Description

    An overview of the REDD+ financing landscape in Peru shows that donor governments are primary contributors, with a vast majority of these funds coming from Germany (KfW and BMU), as well as Finland’s Ministry of Foreign Affairs (FORMIN) and the Government of Norway. Together, donor government contributions amount to US$45.9 million, or 55% percent.

    Private foundations, including the Gordon and Betty Moore Foundation, were substantial contributors as well, providing approximately 12% of the total funds committed. 

    The international NGOs, along with the Peruvian Government represent a large portion first tier recipients, with each receiving 31.6% and 29.7%, respectively. Local Peruvian NGOs are also receiving funding.

    A number of private sector entities have acted as donors; however as first tier recipients, they are slated to receive only 0.1% of the total amount committed to Peru.

    Relevant Frequently Asked Questions

  • Cumulative commitments and disbursements, 2009-2014

    Chart Description

    Peru saw a steady increase of both commitments and disbursements over the six -year period from 2009 to 2014, with total cumulative commitments increasing from US $29.8 million in 2009 to US$ 147.6 million by 2014. 

    Relevant Frequently Asked Questions