The Government of Peru has been developing a national framework for No Net Loss of biodiversity, which culminated in the release of a Ministerial Resolution on biodiversity compensation during the UNFCCC during the COP20 in December 2014 in Lima. The government now aims to implement its compensation guidelines and a multi-year roadmap to implement the Resolution.
In early 2014 a specialized agency called SENACE (Servicio Nacional de Certificacion Ambiental) was established to ensure sustainable investments for large scale projects. The agency forms part of the national system of EIAs (SEIA). The agency is hosted by the Ministry of Environment but includes a Board with representatives from the Ministry of Economy & Finance, Ministry for Mines and Energy, Ministry of Agriculture, Ministry of Production and Ministry of Health. Forest Trends jointly with GIZ and other donors are closely working with SENACE to build capacity of this new agency which will have some 100 employees. The Ministry is also working closely with a civil society platform (which includes WCS, CCF and SPDA) on implementing the road-map which is already testing pilot projects for No Net Loss in different ecosystems and sectors in Peru. Theses pilots will ultimately inform and develop the metrics and necessary guidelines referred to in the Ministerial Resolution.
This information was retrieved from the latest (May 2015) BBOP Newsletter.