📋 Tender Overview
Minam promotes the Global Shield project to design mechanisms that protect vulnerable populations against extreme climate events.The Ministry of the Environment (Minam) has been strengthening the countrys response to the risks of climate change by promoting the international project Global Shield, aimed at the design of financial mechanisms that allow the most vulnerable populations to be protected.
In this framework, Minam participated in a meeting with representatives of the Peruvian Association of Insurance Companies (APESEG), with the aim of advancing the implementation of solutions that strengthen the response capacity to natural disasters.
This initiative seeks to expand protection against loss and damage associated with climate change, facilitating access to financial instruments and insurance that contribute to a more effective response. For Peru, it represents a fundamental opportunity to strengthen its resilience in the face of extreme events.
During the meeting, the Minister of the Environment, Nelly Paredes del Castillo, highlighted that this project allows for structuring comprehensive support packages, identifying needs, gaps and actors, with the aim of strengthening financial protection against disasters and improving the response capacity in the country.
Likewise, progress was addressed such as the development of a policy pilot within the framework of the Biobusiness Program, in coordination with APESEG.
The president of APESEG, Eduardo Moron, participated in the meeting; the vice minister of Strategic Development of Natural Resources, Carmen Vegas; and the general director of Economy and Environmental Financing of Minam, Elvis Garcia.
Minam, in its role as governing body of the environmental sector, has been developing a comprehensive strategy to identify risks and damages associated with climate change, in order to design financing mechanisms that contribute to reducing its impacts on the population and ecosystems.
