Second Programmatic Environmental Development Policy Loan

closed

Closed

The objective of the Second Programmatic Environmental Development Policy Loan (ENVDPL 2) Program is to support the government's efforts to strengthen environmental governance and institutions in Peru, and mainstream environmental sustainability in the development agenda of key sectors (mining, fisheries, and urban transport and energy). Within the scope of the ENVDPL program, this second ENVDPL is consistent with one of the key pillars of the 2006 Country Partnership Strategy (CPS) for Peru for FY07-FYI1 (and the 2009 CPS progress report) laying out a strategy to support the Government of Peru (GoP) to achieve its goals of sustained economic growth. The CPS recognizes the need to raise the profile of environmental issues in Peru by enhancing environmental public investments and strengthening the institutional framework. In support of CPS pillar one on economic growth, the ENVDPL program will contribute to making growth environmentally sustainable by supporting the environmental legal and institutional framework, biodiversity conservation, enhancing control over air and water pollution, improving the sustainability of the mining sector, and the sustainable management of fisheries resources. In addition, by supporting the policy instruments of the newly created Ministry of Environment (MINAM), the ENVDPL program will contribute to the modernization of the state institutions (CPS pillar three). The core sectors and themes to be supported by this Development Policy Loan (DPL) were selected based on the following: (a) a level of national priority identified by the Country Environmental Analysis (CEA) and agreed on by Ministry of Economy and Finance (MEF) and MINAM; (b) supplementary support from other loans and grants; and (c) the level of sectoral support and commitment.

FY17 - Agriculture, Fishing and Forestry,FY17 - Energy and Extractives,FY17 - Public Administration,FY17 - Transportation

World Bank Group

Project

Road, Water Supply and Storage, Automotive, Natural Gas, Raw Materials, Government