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| Clean Development Mechanism in Peru |
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Peru has carried out a series of actions for the implementation, promotion and development of projects that could apply to the CDM, which has allowed us to be recognized as one of the most attractive countries in this market at a world-wide level.
In Peru, the actions related to the climate change, particularly to the Clean Development Mechanism (CDM), has been managed by two institutions: CONAM, as the national environmental authority, and FONAM, as the promoter and financial support for the environmental investments.
National Environmental Council - CONAM
CONAM is the national organism that establishes the environmental policies, the focal point of the UNFCCC and the Designated National Authority (DNA) for CDM. CONAM has developed and implemented the ISO P-34 procedure for a rapid assessment of CDM projects. Within 45 days the project proponents obtain a declaration stating the approval or disapproval of the activity of the proposed project activity. This approval exclusively refers to the project contribution to the sustainable development of the country.
National Environmental Fund - FONAM
FONAM is an environmental fund created by congress bill, but ruled under the private law. It is a non-profit institution of public and social interests, with the objective of promote and support the financing of the public and private investment in environmental projects, as well as support the financing of the policy and environmental management of the country.
FONAM is the official CDM promotion office, working directly with the private and public sector, offering advice in the development of the projects, supporting the process of fundraising and financing for the project with national and international financial organisms, and undertaking the international promotion of the Peruvian projects before potential buyers and investors.
FONAM is also the Focal Point of the World Bank’s Carbon Finance in Peru, and represents Latin America and Mexico in the Host Countries Committee of this organization.
Peru Achievements in the Clean Development Mechanism (CDM)
- We are members of the UNFCCC and have ratified the Kyoto Protocol.
- We have strong, agile and well-formed promotional institutions.
- We have a fast process for the assessment and approval of CDM projects in 45 days.
- We are recognized at international level as one of the most attractive countries for the development of CDM projects.
- CDM is promoted in the country by FONAM, with a vision of "promotion of investments, source of job posts, use of renewable energies and contribution to the sustainable development"
- FONAM has developed capacities within the country. The enterprise groups of the private sector, as well as the public sector, are well informed about the potentialities of and how to accede to the CDM. Specifically, FONAM has also contributed to develop the capacities of the national financial system, aiming to financially assist the CDM projects, informing and training the national banks, like Credit Bank of Peru, BBVA Continental Bank, Wiese Bank, COFIDE, Banks of Peru Association, among others.
- We have a portfolio of 46 potential projects, developed by FONAM, 35 of the energy sector and 11 of the forestry sector, proposed directly by the project participants.
- FONAM promotes the participation in commercial missions and international events in which the Peruvian project portfolio is promoted, being recognized as one of the most important delegations, with the participation of the private and public sector. These events are promoted and/or organized by FONAM, and include:
- Meetings of the signatory parts of the UNFCCC - COPs / MOPs
- International Carbon Fairs
- Other international events of the carbon market.
- Peru has signed cooperation agreements with: Canada, Austria, Japan-JBIC and Spain, and the agreements with France, Italy and Holland are in signature process.
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For more Information
CDM Flyer, May 2006
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Calle Hermanos Quinteros 103 Urb. La Castellana, Santiago de Surco. Lima 33 - PERU.
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| TeleFax: (511) 449-6200 |
| fonam@fonamperu.org |
| Resolución Recomendada 800*600. |
| Actualizado el 13 de Marzo de 2008 dhyblas soft... |
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