Peru
In 2020-2021, in response to the COVID 19 pandemic, Peru has committed at least USD 236.92 million to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:
- At least USD 236.92 million for unconditional fossil fuels through 4 policies (1 quantified and 3 unquantified)
- No public money commitments identified for conditional fossil fuels
- Some public money committed for unconditional clean energy (1 policy with the value of public money unquantified)
- No public money commitments identified for conditional clean energy
- Some public money committed for other energy (1 policy with the value of public money unquantified)
By energy type, some public money committed for oil and gas (3 policies with the value of public money unquantified).
In addition, no public money commitments identified for coal.
Further, no public money commitments identified for hydrogen based on fossil fuels.
Finally, no public money commitments identified for multiple fossil fuels.
A considerably larger amount of public money committed to supporting the economy and people of Peru through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.
These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.
More information on key poverty and inequality indicators in Peru can be found on the Inequality and Poverty Dashboard page.
At least
$236.92 million
Supporting fossil fuel energy
$7.29
Per capita
At least
$0
Supporting clean energy
$0.00
Per capita
Peru
In 2020-2021, in response to the COVID 19 pandemic, Peru has committed at least USD 236.92 million to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:
- At least USD 236.92 million for unconditional fossil fuels through 4 policies (1 quantified and 3 unquantified)
- No public money commitments identified for conditional fossil fuels
- Some public money committed for unconditional clean energy (1 policy with the value of public money unquantified)
- No public money commitments identified for conditional clean energy
- Some public money committed for other energy (1 policy with the value of public money unquantified)
By energy type, some public money committed for oil and gas (3 policies with the value of public money unquantified).
In addition, no public money commitments identified for coal.
Further, no public money commitments identified for hydrogen based on fossil fuels.
Finally, no public money commitments identified for multiple fossil fuels.
A considerably larger amount of public money committed to supporting the economy and people of Peru through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.
These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.
More information on key poverty and inequality indicators in Peru can be found on the Inequality and Poverty Dashboard page.
Public money commitments to fossil fuels, clean and other energy in Peru recovery packages, USD billion, in 2020-2021
| Country | Jurisdiction | Category | Policy name | Sector | Energy Type | Mechanism | Value committed, USD | Date of announcement | Stage | Legislation and Endorsing Agency | Arm of Government | Primary and secondary stated objective of the policy | Date of entry into force | Implemented repeal date, if any | Value committed, national currency | Value disbursed, national currency | Value disbursed, USD: | Policy background | Links to official sources | Links to additional sources | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Peru | National | Fossil unconditional | Supreme decree that modifies the regulation of the Energy Security Systems for Fossil Fuels, and the... | Resources | Gas and gas products | New or extended regulation (IT... | 26/02/2021 | Exploration or production or processing or storage or transportation | Ministry of Energy and Mines, Ministry of Development and Social Inclusion, and Ministry of Economy and Finance | Government | To modify regulation related to the creation of the Fossil Fuels Energy Security System and the Energy Social Inclusion Fund to precise or repeal some articles in order to optimize the administration of the Fund. It changes the entity in charge of the Fund from Osinergmin to the Ministry of Energy and Mines. | 26/02/2021 | This is a modification to previously existing norms and policies on the Energy Security Systems for Fossil Fuels, and the Energy Social Inclusion Fund, which establishes the need to subsidise the acces to LPG for districts and regions with the highest levels of poverty. | https://www.gob.pe/institucion/minem/normas-legales/1755430-004-2021-em |
http://www.fise.gob.pe/que-es-fise.html, https://www.gob.pe/institucion/osinergmin/normas-legales/732327-29852 |
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| Peru | National | Fossil unconditional | Emergency decree that creates an electricity subsidy for residential users | Power generation | Multiple energy types | New or extended regulation (IT... | 236919432.16943 | 26/06/2020 | Energy use (all energy types, consumption in transport, household use, buildings etc) | Ministry of Energy and Mines and Ministry of Economy | Government | To approve extraordinary measures, economic and financial, to guarantee prioritized residential users' access to electricity and its continued supply. The "electricity bonus" amounts to up to S/ 160.00 per user. | 26/06/2020 | 827796496 | In the context of COVID-19, the government established a number of relief subsidies for the most vulnerable population of the country. This included the "electricity bonus", aimed at providing relief for the most socio-economic vulnerable populations in the country. | https://busquedas.elperuano.pe/normaslegales/decreto-de-urgencia-que-crea-el-bono-electricidad-en-favor-d-decreto-de-urgencia-n-074-2020-1869131-1/ |
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| Peru | National | Fossil unconditional | Emergency declaration for the natural gas supply | Multiple sectors | Oil and gas | New or extended regulation (IT... | 25/03/2021 | Exploration or production or processing or storage or transportation | Ministry of Energy and Mines | Government | To declare the emergency of natural gas supply for the production, transportation of fossil fuels through pipelines and the distribution of natural gas through pipelines, in order to ensure national energy supply. | 25/03/2021 | During COVID-19 there was a decrease in fossil fuel supply (production, transportation, etc.) since some activities were shut down. Therefore, the government decided to pass a bill to ensure the national supply of fossil fuels. | https://www.gob.pe/institucion/minem/normas-legales/2023271-072-2021-minem-dm |
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| Peru | National | Fossil unconditional | Supreme decree that increases the value of the Energy Social Inclusion Fund’s Discount Voucher | Power generation | Gas and gas products | Tax or royalty or govt fee bre... | 26/01/2021 | Exploration or production or processing or storage or transportation | Ministry of Energy and Mines and the Ministry of Development and Social Inclusion | Government | To increase the value of the discount voucher for those part of the FISE programme. It establishes the value of the voucher to S/ 18.00. | 26/01/2021 | This is a modification to previously existing norms and policies on the Energy Security Systems for Fossil Fuels, and the Energy Social Inclusion Fund, which establishes the need to subsidize access to LPG for districts and regions with the highest levels of poverty. | https://busquedas.elperuano.pe/normaslegales/decreto-supremo-que-amplia-el-valor-economico-del-vale-de-de-decreto-supremo-n-002-2021-em-1922745-1/ |
http://www.fise.gob.pe/que-es-fise.html, https://www.gob.pe/institucion/osinergmin/normas-legales/732327-29852 |
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| Peru | National | Clean unconditional | Supreme decree that approves provissions about the charging infrastructure and supply for EVs | Mobility | Active transport | New or extended regulation (IT... | 22/08/2020 | Electricity storage or transmission or distribution | Ministry of Energy and Mines | Government | To approved measures about the loading and supply infrastructure for electricity aimed at electric vehicles, in order to make efficient use of energy and reduce the use of fossil fuels, reduce GHG emissions and other polluting elements, to comply with international environmental agreements signed by Peru, and reduce public health risks and harm. | 22/08/2020 | The Ministry of Energy and Mines is promoting the use of EVs in order to reduce GHG emissions and promote more efficient transport; therefore, it is necessary to lay out the necessary regulations to be able to carry out the effective use of EVs in the Peruvian territory, such as the required charging stations. | https://busquedas.elperuano.pe/download/url/decreto-supremo-que-aprueba-disposiciones-sobre-la-infraestr-decreto-supremo-n-022-2020-em-1879172-2 |
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| Peru | National | Other energy | Peru’s NDC updated to 2030 | Multiple sectors | Multiple energy types | New or extended regulation (IT... | 15/02/2021 | Reduced environmental damage | Ministry of the Environment | Government | Increase and improve Peru's mitigation ambition to reduce GHG emissions in prioritized sectors, inclunding the energy sector. | 15/02/2021 | Peru presented its INDC in 2015. With the ratification of the Paris Agreement in 2016, Peru's NDC became official with a mitigation goal of 30% of emissions reduction, 20% unconditional and 10% conditional to international funding. In 2020, Peru announced an increase in the mitigation goal from 30% to 40% GHG emissions reduction by 2030, increasing the unconditional goal from 20% to 30%. | https://www.gob.pe/institucion/minam/informes-publicaciones/1682641-reporte-de-actualizacion-de-las-ndc-del-peru-al-2030 |
https://www4.unfccc.int/sites/ndcstaging/PublishedDocuments/Peru%20First/Reporte%20de%20Actualizacio%CC%81n%20de%20las%20NDC%20del%20Peru%CC%81.pdf, https://www.gob.pe/institucion/minam/noticias/320326-peru-incrementa-su-ambicion-climatica-para-reducir-en-40-sus-emisiones-de-carbono-hacia-el-ano-2030 |
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