Peru

Countries often face situations where biodiversity is not positioned on the national agenda and, in that scenario, developing financial mechanisms or mobilizing resources will be much more difficult than when biodiversity is in the mainstream of the country. Safeguarding diverse ecosystems ensures invaluable services essential for sustainable development and improvements in human wellbeing.

In Cusco, Peru, although there have been initiatives in establishing protected areas (currently 11% of the territory is protected), many fragile ecosystems are yet to be protected. However, many conservation initiatives have been undertaken by players that are not aware of the efforts by other players in many cases undermining the whole cause of nature conservation by creating conflicts.

Financial mechanisms allow private sector to participate in conservation of biodiversity through corporate responsibility programs and corporate image positioning and complementing the financial sustainability for Protected Areas Systems. Private sector shows an interest in contributing to the development of programs of corporate social responsibility that focus either on social or environmental fields. However, there is still a need for coordination with the National Authorities for Protected Areas.