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Peru

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WRI works to develop sustainable transport solutions in Peru. Learn more about our EMBARQ program.

Peru’s Climate Leaders Awarded Over $11 Million for Low-Carbon Urban Transport

Peru was recently awarded €9 million ($11.14 million) for its urban transport Nationally Appropriate Mitigation Actions (NAMA) by the German and British NAMA facility.

This climate finance award will allow the Peruvian government to leverage $50 million from development aid agencies—especially KfW, the Inter-American Development Bank (IDB), and CAF Development Bank of Latin America—and much more from the private sector.

This afternoon Secretary John Kerry made a speech at the UN climate summit in Lima, Peru.

Following is a statement from Jennifer Morgan, Global Director, Climate Program, World Resources Institute:

“Secretary Kerry delivered a powerful message at Lima: by this time next year, countries need to deliver a global climate agreement. Without strong and coordinated global action, the risks of climate change are far too great.

Landscape Restoration—A Winning Strategy in a Warmer World

Imagine that we have the chance to cut greenhouse gas emissions, boost household incomes and increase crop yields, while making vulnerable areas more resilient to severe weather and improving the lives of people in some of the world’s poorest regions.

The fact is, we could do all this and more by restoring the world’s degraded landscapes to productive, sustainable use.

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