Identifying Synergies between Green Growth Actions Across National Strategies and Implementing Priority Options

In Peru, there is political recognition of the importance of the country’s forest and water resources, and the need to improve management of both if economic growth to be sustainable. As part of Peru’s OECD accession process, it has received a number of recommendations for improved institutionality, sustainable resource management as well as the importance of realizing concrete economic opportunities from natural capital. In response to these recommendations, among other measures, Peru has developed the National Green Growth Strategy (NGGS), which is a cornerstone for addressing Peru’s NDCs and Sustainable Development Goals (SDGs). Within the NGGS framework, among other elements, Peru will develop actions that address forest and water resource challenges, including: Deforestation that contributes to over half of the country’s Greenhouse Gas (GHG) emissions; productive management of ecosystem services provided by forests; prioritizing activities such as the sustainable timber production and initiatives that develop non-timber forest products, bio prospection, and eco-tourism opportunities; expansion of basic water and sanitation services; and need to manage water resources with an integrated planning approach.