Map of Peru Peru

Total REDD+ Finance Committed:

$28,862,215

Total REDD+ Finance Disbursed:

$13,065,884

Peru has a forest cover 73.3 million hectares, including part of the Amazon Rainforest, which covers over 60% of the country’s territory. The Peruvian Ministry of Environment (MINAM) estimates the country’s annual deforestation rate at approximately 0.2%, which is relatively low. 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. The R-PP was under review throughout 2013, and the grant agreement is expected to be signed in early 2014. In addition, Peru recently presented the final version of its investment plan under the Forest Investment Program (FIP) and received the first tranche of funding to create a Dedicated Grant Mechanism for Indigenous Peoples and Local Communities. This FIP funding will be reported as part of the 2013 data in late 2014.

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Overview: REDD+ finance flowing to Peru

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

Flows of REDD+ finance between donors and recipients, 2009-2012

 

Funds committed and disbursed for REDD+ activities in Peru through 2012

 

Cumulative commitments and disbursements, 2009-2012

 
   

Data Source: Peru

The data presented below highlights levels of REDD+ financing committed and disbursed, main donors, recipients and REDD+ activities in the period between 2009 and 2012