Lead country
Peru
Participating countries
Peru
Project status
Under implementation
Implementing period
From October 19, 2015 to April 19, 2021
Project ID: 4679
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Technical team
- Energy Programme
Technical area(s)
- Renewable Energy
- Energy efficiency
Sub-area(s)
- Type: On-grid, utility-scale
- Type: Off-grid, standalone systems
- Resource: Biomass
- E-mobility
- Buildings
- Appliances
Landscape(s)
N/A
Transformed sector(s)
- Energy
- Transportation
UNDP role(s)
- Capacity development / Technical assistance
- Innovative approaches
Strategy
- Governance
- Monitor inventory
- Capacity building
Sub-strategy
- Institutional framework
- Partnerships
- Laws/ Policy/ Plan formulation
- Environmental accounting
- Energy finance
- Technical capacity building
- Demonstration sites/Pilot
Social inclusion
- Private sector
- Women
Gender equality
- Women decision making
- Gender-responsive policies
Gender result effectiveness scale
- Gender responsive
Pathway(s)
- Systems pathway
- Sci-tech pathway
Risk reduction target(s)
- Hazard control/mitigation
SDG target(s)
- 7.2 Increase share of global renewable energy
- 13.2 Integrate climate change into national policies, planning
- 7.1 Ensure universal access to sustainable, reliable energy
Conventions and protocols
- National Development Policies
Private sector(s)
- Capital providers
Hot topic
- Multi-stakeholder collaboration
- Poverty reduction
About this project
Description
The GEF project will strengthen the capacity of the Peruvian government to identify and structure NAMAs in the energy sector, namely to create incentive for investment in new renewable energy facilities connected to the grid (solar, wind, biomass, geothermal and hydro under 20 MW), and the use of renewable energy in isolated systems (solar, biomass, wind and micro-hydro). The project will build upon existing and planned energy sector mitigation efforts, national development policies, and the national NAMA development and implementation framework. The project will establish priorities within the energy sector, define specific NAMAs with clear and achievable mitigation results, and pilot the implementation of four NAMAs in renewable energy generation, both on and off grid. The project will contribute to the country's attainment of its voluntary mitigation targets in the energy sector, with an expected direct emission reduction of 962,000 tons of CO2 equivalent and an additional indirect emission reduction of 1,600,000 million tons of CO2e. As a positive side effect, NAMAs will generate national benefits related to national economic growth, poverty reduction, competitiveness and energy security.
Objectives
The objective of the project is to support the government of Peru in the development and implementation of National Appropriate Mitigation Actions in the energy sector.
USD $4,545,000
Grant amount
USD $32,067,500
Leveraged amount (co-financing)
1
Source(s) of fund
Sources of fund
- Global Environment Facility – Trust Fund ($4,545,000)
Implementing partner(s)
- Government of Peru
Project metrics
Related resources
Geospatial information
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Project reports and documentation