Peru

Located on the west coast of South America with more than 50 per cent of its territory covered by forest, Peru has an abundance of natural resources that serve as the backbone of its economy. However, decades of resource-driven growth have degraded the environment, resulting in water and air pollution, soil erosion, and deforestation, affecting all segments of society, particularly the most vulnerable. In recent years, the county has made significant efforts to not only offset the balance between economic growth and environmental preservation, but to turn its sustainability concerns into drivers of government policy and long-term prosperity.

Since 2023, Peru has advanced green economic transformation through the Strategic Plan for National Development to 2050, a National Industrial Development Policy, and the National Environmental Policy 2030, promoting a green and circular economy and eco-businesses.

Peru’s green economic transformation has been advanced through strong collaboration across national counterparts, including the Ministry of Agriculture and Irrigation, the Ministry of Economy and Finance, the Ministry of Labour and Employment Promotion, the Ministry of Production, the Ministry of the Environment, the Ministry of Transport and Communications, the National Center for Strategic Planning, the National Institute of Statistics and Informatics, the Regional government of Piura, Arequipa, La Libertad and Cajamarca, the Regional Management of Economic Development, the Regional Government of San Martin, and the Regional Environmental Authority of San Martín.