Peru to receive US$50 million to conserve forests and improve livelihoods of those that depend on them
WWF is pleased that Peru’s Forest Investment Plan was approved, and to have taken part in the process. This has included facilitating the participation of indigenous peoples and local communities (IPLCs) and other stakeholders in the FIP development process, supporting the REDD+ Roundtable of Madre de Dios, and supporting Madre de Dios as one of the priority regions.
“An important part of the FIP process was identifying the needs and views of Brazil nut producers, timber concessionaires and growers in order to have an informed idea of the regional context,” said Oliver Liao, Regional Government of Madre de Dios (GOREMAD) REDD+ Coordinator in emphasizing the importance of stakeholder participation.
In addition to reducing emissions from deforestation and forest degradation, the plan is expected to generate many co-benefits including: preserving the rich biodiversity of the country, titling and registration of rural properties and communal lands with the aim of ending open access to forest resources, improvement of forest and environmental governance, enhancement of the value of environmental assets of forests and degraded areas, and activities for innovation and market development. Of the total US$50 million in funding, US$14.5 will directly support land tenure issues within indigenous peoples’ territories, improve forest governance and support community-based forest management.
“The approval of Peru’s Forest Investment Plan is a major achievement for the country and also an opportunity to improve forest governance in Peru. In addition, it will help to build national level support and engagement for REDD+, forest conservation, and the rights of forest-dependent communities,” said Maria Eugenia Arroyo, WWF-Peru Forest and Climate Programme Coordinator.
WWF’s REDD+ activities in Madre de Dios are detailed in a new report, Building REDD+ for People and Nature: from lessons learned in Indonesia, Peru and the Democratic Republic of Congo to a new vision for REDD+. This report and other REDD+ capacity building tools can be accessed at www.panda.org/forestclimate additional information on WWF-Peru’s work can be found at www.peru.panda.org/wwf_peru.
To learn more about the FIP process in Peru, watch this video: bit.ly/1cDXHJE
The FIP is a targeted program of the Strategic Climate Fund, which is one of two funds within the framework of the Climate Investment Funds. It supports developing country efforts to reduce deforestation and forest degradation and promote sustainable forest management that leads to emissions reductions and enhancement of forest carbon stocks (REDD+).
Peru forest facts:
Peru is the world’s fourth-largest tropical forest country, and accounts for 13 per cent of the Amazon forest. Emissions from forest loss in Peru account for almost half of the country’s annual greenhouse gas emissions.