Profonanpe News

14/05/2024

Amazonian bio-businesses contribute to the design of instruments for emissions monitoring and safeguards management

Through different dialogue spaces in Lima, San Martin and Madre de Dios, the project "Financial Facility for Amazonian Eco and Bio-businesses" (EBBF Amazon) gathered the contribution of bio-business leaders and representatives of public and private entities and native communities for the design of the necessary instruments for measuring the mitigation of greenhouse gas emissions and the management of social and environmental safeguards at the eco and bio-business level.

Between May 7 and 10, the project «Financial Facility for Amazonian Eco and Bio-businesses (EBBF Amazonía) developed, in coordination with the General Directorate of Climate Change and Desertification (DGCCD) of the Ministry of Environment, participatory workshops in the cities of Lima, Puerto Maldonado and Tarapoto, with the participation of representatives of Amazonian eco- and bio-businesses, public and private entities and native communities. The purpose of these workshops was to strengthen the instruments for measuring greenhouse gas mitigation, monitoring and management of the project's environmental and social safeguards.

 

These instruments are key elements, since they will make it possible to establish a protocol for measuring, reporting and verification (MRV) of greenhouse gas emissions at the Amazonian biobusiness level, as well as the project's Environmental and Social Management System (ESMS), through which compliance with biobusiness mitigation goals and international standards can be monitored to reduce the environmental and social risks they may generate.

 

Kurt Rothschild, project manager, presented the objectives, components and requirements for eco- and bio-businesses to be part of the EBBF Amazon financial mechanism.

 

During the activity in the city of Lima, the Ministry of Environment, a partner institution of the initiative, presented the preliminary means of verification of Peru's REDD+ safeguards. These safeguards are understood as principles, conditions or social and environmental criteria that guide the design and implementation of policies, programs and other actions. Likewise, the guidelines of the instruments for the management and monitoring of REDD+ safeguards for Amazonian eco- and bio-businesses were shared and validated.

 

Patricia Patrón, Technical Specialist. Phase II Joint Declaration of Intent (JIU) Project.

 

In the Madre de Dios and San Martin regions, the safeguard management instruments to be applied by eco- and bio-businesses were disseminated, such as the Environmental and Social Management System (SGAS), the Gender Action Plan (PAG), the Stakeholder Participation Plan (PPPI), the Participation Framework for Indigenous Peoples and the Accountability and Complaints Mechanism (MRCQ). 

 

Group workshops in San Martín and Madre de Dios, respectively

 

These instruments are of significant importance, as the Green Climate Fund (GCF), the project's donor, requires compliance with these policies to ensure that each eco- and bio-business can participate in the necessary conditions of sustainability.

 

The general guidelines of the protocol for measuring, reporting and verifying greenhouse gas emissions, which are the basis for the protocol to be followed to measure the impact of biobusinesses in terms of emissions mitigation, were also disseminated. 

 

The meeting was attended by representatives of national indigenous organizations, as well as local associations and different eco-bio-businesses linked to ecotourism, agroforestry and the timber industry, among others. Although the importance of the shared instruments was recognized, the need to adjust them to the context of the participants was emphasized, in order to facilitate the implementation of the financial mechanism and the participation of indigenous peoples.

About the EBBF Amazon Project:

 

The EBBF Amazonía project, financed by the Green Climate Fund (GCF) and executed by Profonanpe, will provide technical assistance and partially reimbursable grants to eco- and bio-businesses to support the sustainable management and conservation of Amazonian forests. EBBF Amazonía will also support the development of technical and institutional capacities at the public and private levels, seeking to contribute to the strengthening of Peru's REDD+ framework. 

 

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