| Led by: Global Green Growth Institute |
| Consortium partners: Terrasos - Mecanismos de Desarrollo Alternativo (MDA) |
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Implementation period: March 2025 - March 2027 |
| Sector: Green Finance |
This project aims to strengthen the financial and institutional foundations for biodiversity conservation in Peru by supporting the design and implementation of innovative financing mechanisms—such as biodiversity bonds, habitat banking, and payments for ecosystem services. Through a government-led approach, the project works to create the enabling conditions needed to mobilize increased public and private investment in conservation, while integrating biodiversity into national financial policies and decision-making processes.
Additionally, the project promotes the active participation and fair compensation of women, Indigenous peoples, and rural communities—recognizing their essential role in protecting ecosystems. By aligning conservation goals with financial strategies and inclusive governance, the initiative seeks to advance long-term, sustainable biodiversity outcomes in Peru.
“This project helps make biodiversity conservation a real part of Peru’s economic and financial planning. By supporting the development of tools like biodiversity bonds, habitat banks, and ecosystem payment schemes, we are helping to unlock new sources of funding and turn conservation into a shared national goal.”
Tatiana Escovar, Andean Representative, GGGI.
“What makes this project transformative is its focus on lasting change. It builds skills, updates policies, and creates financial tools that will continue to benefit biodiversity and communities long after the project ends. It also ensures that Indigenous peoples, women, and rural communities have a voice and a fair share in the process.”
Jorge Bustamante, Project Manager, GGGI.
UK PACT (Partnering for Accelerated Climate Transitions) is a unique capacity-building programme. Jointly governed and funded by the UK Government’s Foreign, Commonwealth and Development Office (FCDO) and the Department for Energy Security and Net Zero (DESNZ) through the UK's International Climate Finance, it works in partnership with countries with high emissions reduction potential to support them to implement and increase their ambitions for tackling climate change.
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