Peru

Following the official signing and ratification of the Paris Agreement, Peru demonstrated its interest in taking a leadership role in climate action by submitting its NDC to the UNFCCC in 2015. It was the first country in Latin America to ratify the Paris Agreement back in July 2016, as defined through a Supreme Decree. Later, in 2018, Peru passed its Framework Law on Climate Change, establishing the Ministry of the Environment as the National Climate Change Authority and allocating responsibilities to sectoral, regional and local authorities.

As part of its commitment to fighting climate change, in December 2024 the Peruvian Government approved the “National Policy: National Climate Change Strategy by 2050” (ENCC 2050), which guides and facilitates climate action at a national level. The ENCC 2050 integrates citizen-oriented services that contribute to sustainable development and lays out a vision to achieve carbon neutrality by 2050, while also promoting sustainable development.

Considering its NDCs and ENCC 2050, Peru has established seven strategic objectives aimed at improving climate change governance, reducing climate risk, and reducing GHG emissions in the following areas: 1) energy processes, 2) transport at the national level, 3) land use, land use change and forestry, 4) agriculture, 5) use of refrigerant chemicals, and 6) industrial processes.

As an opportunity to facilitate the closing of national gaps and increase economic activity and productivity in a manner consistent with sustainable and low-emission development, Peru decided early on to focus on using the cooperative approach. The bilateral climate agreement between Switzerland and Peru under Article 6.2 of the Paris Agreement was the first of its kind in the world, signed in 2020. This set a benchmark for other countries to consolidate the rapid implementation of cooperative approaches.

In 2024, the Ministry of the Environment in Peru, by means of a Supreme Decree, approved the provisions for the operation of the National Registry of Greenhouse Gas Mitigation Measures (RENAMI). Together with bilateral climate agreements, this sets the rules for voluntary international cooperation. By early 2025, the framework was fully operational, providing a solid foundation for future cooperation. This development also paved the way for the cooperation with the KliK Foundation.

To participate in carbon markets, initiatives will have to be registered in RENAMI, administered by the Ministry of the Environment (MINAM), in order to be authorised under Art. 6 of the Paris Agreement. In this way, RENAMI aims to provide legal certainty and confidence to companies and individuals developing carbon market activities.

In March 2025, a team from the KliK Foundation visited Peru to present its engagement and the financing mechanism that will support Article 6.2 activities in the country. In a collaboration between the Embassy of Switzerland in Peru, the MINAM, the Swiss Chamber of Commerce in Peru and the KliK Foundation, a high-level two-day event was held at the Embassy of Switzerland in Peru, which addressed both the public and private sectors.

H.E. Paul Garnier, Ambassador of Switzerland to Peru, and H.E. Raquel Soto Torres, Deputy Minister of Strategic Development of Natural Resources in Peru (MINAM), explained the cooperative approach between Switzerland and Peru, its advantages and effectiveness. Berioska Quispe Estrada, Director of the General Directorate of Climate Change and Desertification (MINAM), presented details of Peru’s RENAMI; Edi Medilanski, Policy Advisor, Climate Division (Federal Office for the Environment), outlined Switzerland’s interest in and commitment to Article 6, and Andrea Thurner, Director Carbon Procurement (KliK Foundation), gave insights into the basics of the Foundation’s activities, its legal mandate and the conditions for participation.

The Foundation is currently supporting the development of activities that meet the requirements of the Peruvian framework in the sectors of e-mobility, solar PV, improved cooking solutions, biogas, LC3 and F-gas destruction.