Integrated REDD+ Assessment of Peru: Executive Summary
Peru is on the cutting edge of REDD+, accounting for a third of the global supply of forest carbon credits in 2010. This report summarizes an analysis of the country’s capacity to fully carry out REDD+ projects and areas where it can improve.
It found that while pilot activities are underway and domestic and donor financing is flowing to support national REDD+ readiness, there are many capacity and policy gaps that must be filled over the coming years.
Peru, it said, will need to develop and implement national and regional-level policy and guidance in technical areas. It will also need to train a variety of stakeholders to make informed decisions on participating in REDD+ opportunities.
This has begun to happen in an ad hoc fashion, through internal initiatives and partnerships with international organizations and donors. The report recommends that Peru adopt a national REDD+ strategy to meet UNFCCC social and environmental safeguards, as well as MRV guidance for emissions and social and environmental soundness.
With targeted technical and financial support and political will, it said Peru can provide lessons to help other developing countries carry out REDD+ activities in the near future.