Peru is one of the most mega diverse countries in the world, with 27 of the world's 32 climates, 84 life zones and 71% of tropical glaciers. This is very relevant, considering that the poorest population depends more on ecosystem services.
Biodiversity in Peru was not seen as an asset by the authorities, therefore public investment in Peru is an attractive way that could fund a big part of the finance gap to achieve the NBSAP goals. The positioning of biodiversity as an asset for development was not substantive; and this recognition is essential to promote the creation of financial mechanisms that are accepted by politicians and decision makers.
The action taken: The Peruvian government already had a draft document on “Policy Guidelines for Public Spending on Biodiversity”
- In Peru, the Ministries of Environment and Finance had limited dialogue regarding Biodiversity
- BIOFIN team approached separately the Finance and Environment Ministries to identify if there was a similar vision and approach • Given that decision makers from both institutions had similar views on Biodiversity, BIOFIN started to serve as a facilitator
- BIOFIN started to “translate” the different languages between institutions and to prove that it was possible to work together on these topics
- BIOFIN involved directives and operative staff in the design of the Policy documents. Also, legitimate third parties like GIZ were involved in the process.
- Besides facilitation, BIOFIN provided the technical expertise from the BIOFIN national and global team
- To strengthen the relationship between the Ministries, BIOFIN fostered a shared view to allow reaching consensus
- Raising government empowerment and awareness regarding Biodiversity: nature has been recognized as capital and therefore, needs to be managed to maintain the provision of goods and services needed for economic activities.
- Public policy results - Three public policy documents (norms): (1) Overall guidelines for public investment projects, (2) Policy guidelines for public investment in Biodiversity, (3) Guidelines for investment Project formulation on Biodiversity
- All public investments on Biodiversity are now ruled by the Policy Guidelines for Public Spending on Biodiversity. These guidelines are mandatory as they are formal norms now.
- Biodiversity institutionalization and sustainability