The overall purpose of the SLP-P Alliance is to support San Martin’s green economic development while protecting its natural capital, and valuing its ecosystem services under a framework of the rights based approach. The Alliance seeks to promote forest conservation, sustainable agriculture and ecosystem service markets- considering gender as well as local and indigenous peoples issues- as key elements of green economic development in the Alto Mayo basin of the San Martin region, a globally important region of the Peruvian Amazon.
The Alliance represents a unique opportunity to support the Government of San Martin´s efforts to reduce deforestation and associated greenhouse gas (GHG) emissions, and to contribute to long-term sustainable economic development in the region. At the core of this Alliance is the establishment of an innovative $7 million/ 3-year public – private facility. The Facility will invest in low emissions and REDD+ development activities and business models that result in improved livelihoods for local communities and increased resilience to climate change. To prove that win-win scenarios for growth, communities and the environment exist, the SLP-P will take a market-based approach grounded in science – engaging the private sector in a way that informs investments while ensuring the health of the region’s ecosystems. The work of the Alliance will be implemented within the framework of a Rights Based Approach (RBA) that devotes special attention to indigenous peoples and gender issues.
|Location||Peru, Latin America and Caribbean|
|Value||USD 7 Million|