Peru

Since the beginning of the COVID19 pandemic in early 2020, 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.

Updated: 10 August 2022


At least

$236.92 million

Supporting fossil fuel energy

$7.29

Per capita



At least

$0

Supporting clean energy

$0.00

Per capita

Peru

Since the beginning of the COVID19 pandemic in early 2020, 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 since January 2020, USD billion, as of 10 August 2022

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... 2021022626/02/2021 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
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 2020062626/06/2020 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/
Peru National Fossil unconditional Emergency declaration for the natural gas supply Multiple sectors Oil and gas New or extended regulation (IT... 2021032525/03/2021 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
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... 2021012626/01/2021 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
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... 2020082222/08/2020 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
Peru National Other energy Peru’s NDC updated to 2030 Multiple sectors Multiple energy types New or extended regulation (IT... 2021021515/02/2021 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