This week is Lima Climate Finance Week and E3G is pleased to be participating in the Practitioner Days of the event between 26-28th August. The week aims to bring together practitioners from public, private, and non-governmental sectors; at the global, regional and national levels to create a space where linkages can be built and strengthened to scale up ﬁnancial resources to tackle climate change.
In this context E3G is pleased to release, in collaboration with Libélula, a publication in English and Spanish entitled 'Towards a national financing pathway for climate action in Peru' This study builds on the previous analysis of 'Strategic national approaches to climate finance', published by E3G earlier this year.
This paper describes Peru’s current state of climate change policy at the national level as well as its public and private finance systems in order to assess the state of readiness for such systems to implement and allocate investment in climate action. The insights gained from the study provide the basis to identify and develop key considerations towards a financing pathway for Peru’s transition to a low emission resilient development path and presents proposed guidelines to develop financing pathways. The paper aims to provide a sound baseline of information from which further work and analysis should emerge, and which may support the Peruvian government, private sector and its international development partners in effectively mobilising resources for such a transition.
This paper concludes with specific short, medium and long term actions for consideration as part of a national financing strategy for climate action in Peru, taking into account the immense economic opportunities available at present in the country.
The paper is available to read or download in English or Spanish.