Promoting Private Investment for Green Growth in Peru- Víctor Galarreta
This presentation by Víctor Galarreta was given at a session titled "Promoting Private Investment for Green Growth in Peru" at the Global Landscapes Forum: The Investment Case on June 10, 2015. For more, please visit http://www.landscapes.org/london/
Published on: Mar 3, 2016
Transcripts - Promoting Private Investment for Green Growth in Peru- Víctor Galarreta
NATIONAL FOREST AND CLIMATE
PROMOTING PRIVATE INVESTMENT FOR
GREEN GROWTH IN PERU
SALIENT FEATURES OF THE
PERUVIAN AGRICULTURAL SECTOR
Climate Change and Agriculture
Micro Deforestation: coffee and
Peruvian agriculture is a plotter economy ,
where 85% of farmers have plots less than
10 hectares , predominantly productive
units, with an area between 3 and 10
Megadiverse Peru = Risky
Mega Diversity: High
Only 10% of agricultural
units requested a credit
(CENAGRO 2012) and
only 9% had access.
FINANCIAL MARKET FAILURES:
Promote the development of climate-
How can we make this happen ?
GREEN DEVELOPMENT OF RURAL
Green Growth of
Low Carbon Coastal
Peru maintains an
Investment Grade, stable
and liquid institutional
ecosystem has much
room to grow in the
Energy efficiency; Bio-
The pipeline of
initiatives presents a gap
in its early stages. Lack
of Green Startups:
financing offer from
credit lines to Green
Bonds and hedging
available capital is
The Business Climate
Challenges and Opportunities
Many small players
involved in green
High risk perception of
potential projects for the
portfolio: Track Record,
volatility, social risk
models that bring these
medium and long term
enterprises closer to the
portfolio of green
Build a Risk Capital Fund,
which invests in the
development of Green
Startups and “adjusts“
them in the capital
Promoting Startups towards the capital
Gestation Birth Development Expansion Maturity
incubators Business ‘accelerators’
Green angel investors
Self-regulatory and regulatory mechanisms in the sectors (green banks, etc.)
Public risk management instruments for
green projects (DCA, MIGA, PPPs, etc.)
A TEST OF GREEN PORTFOLIO: OUR "GREEN
•Greening agricultural exports as ABC, exploring carbon neutrality.
•Complement investments on the coast with reforestation in the Amazon.
•Investment in Major Basins: Rimac, Jequetepeque Santa.
•Link basins with Landscapes (territories).
•Promoting collective systems for modern irrigation.
•Promote Reforestation, using existing plantations as collateral.
•Develop proposal of Green Corridor parallel to Trans-Oceanic Railway Project.
•Promote Prime forest cluster with designation of origin .
•Enhance the sale of biodiversity products on the basis of Gastronomy, Eco Tourism, Cosmetology, “shamanería”.