Projects

Our activities in Peru are part of the Global Project Sustainable Economic Transformation and Sustainable Finance.

In the past years, Peru has taken important steps to foster sustainable finance. These developments are informed by the National Competitiveness and Productivity Plan 2024 - 2030, which establishes the importance of fostering green financial instruments. With the Green Finance Roadmap, published in 2023, Peru’s Ministry of Environment and the Ministry of Economy and Finance set a clear path on how they seek to develop green finance, emphasizing the importance of both greening finance and financing green. In July 2025, the Supreme Decree No. 154-2025-EF set up a Multisectoral Commission for Peru’s Green Finance Taxonomy. Further strengthening the policy foundation, in September 2024, Peru’s financial sector regulator, the Superintendency of Banks, insurance and pension funds (SBS) published its sustainability roadmap.

Progressing on the communicated intentions, including the green taxonomy and sustainability disclosure regulations, is crucial to strengthen Peru’s sustainable finance markets. By creating a classification system for green activities, the taxonomy will provide certainty, comparability, and transparency to local and foreign investors as well as companies, encourage investment in sustainable activities, and facilitate the monitoring and reporting of green financing. A sustainability disclosure regulation will help standardise reporting practices, facilitate comparability, and embed the monitoring and disclosure of sustainability-related risks and opportunities in the Peruvian financial market.

Supporting the development of Peru’s Green Finance Taxonomy to define sustainable economic activities and prevent greenwashing

• Advisory to policymakers throughout the taxonomy development process
• Technical support to working groups developing sectoral chapters
• Awareness raising and capacity building for private and public sector actors on the purpose, structure, and implementation of taxonomies and the taxonomy development process
• Peer learning with other jurisdictions on taxonomy development

Supporting sustainability disclosures by Peru’s financial sector to improve data availability and help manage sustainability-related opportunities and risks:

• Supporting Peru’s financial sector supervisor in developing a regulation and accompanying manuals for sustainability-related financial disclosures
• Assessing the status quo of sustainability disclosure practices
• Supporting the development of sustainability indicators to be reported by members of Peru’s Protocolo Verde

Building capacity among Peru’s financial institutions on sustainability:

• Implementing the Principles for Responsible Banking Academy
• Developing guidelines and a tool for scope 3 measurement for Peruvian banks, accompanied by trainings for banks

• Green Finance Taxonomy
• Regulation on the disclosure and reporting of sustainability-related financial information for financial institutions
• Manuals for the implementation of sustainability-related financial disclosure regulation
• Sustainability Indicators for Protocolo Verde
• Scope 3 Emissions Measurement Tool