Profonanpe News

12/03/2024

Dialogue and identification of opportunities for the financing of Amazonian Bio-businesses begins

Public and private entities actively collaborated in identifying opportunities and presenting financing alternatives for eco bio businesses, highlighting their potential to mitigate climate change.

During the workshops held on March 5 in Puerto Maldonado and Thursday, March 7 in Tarapoto, the technical assistance and financing services for bio-businesses of Profonanpe’s EBBF project were presented, together with the framework for the promotion of eco bio businesses of the Ministry of the Environment, and other alternatives and local experiences in the formation and financing of Amazonian bio-businesses were also presented.

 

Kurt Rothschild, Project Manager of the “Eco Bio Business Facility” (Amazon EBBF), presented the scope and services of the project, highlighting the contribution to the sustainable development of the Amazonian forests in Peru through the promotion of eco and bio businesses that help mitigate greenhouse gas emissions. He highlighted the great potential of these bio-businesses to care for the environment and generate social and economic benefits, protecting hectares of forest and creating green jobs for women and men, including indigenous peoples.

 

Kurt Rothschild, EBBF Amazon Project Manager

 

Specialist in MINAM’s Environmental Financing Directorate, detailed opportunities and criteria for the formation of bio-businesses, focusing on the functions of the Ministry, emphasizing, “We are responsible for the design and promotion of instruments, both economic and financial, to facilitate public and private investment in the conservation and sustainable use of biodiversity.”  He presented the considerations of the Financing Program for Bio businesses, which is led by MINAM and involves various stakeholders such as financial institutions and bio-businesses through a trust, highlighting the importance of sustainable investment in the Amazon.

 

Jesús Valverde, Specialist in the Environmental Financing Directorate of MINAM

 

Mr. Fernando Olivera, representative of the Inter-American Institute for Cooperation on Agriculture (IICA), then led a group discussion to identify gaps and limitations to the access of eco bio businesses to the supply of financial services.

 

Group dynamics led by representatives of IICA in Tarapoto

 

The workshops also included the participation of leading experts who shared their experiences in the field of eco bio businesses in the “Green Financing” panel. In Puerto Maldonado, Nelsith Sangama, coordinator of the indigenous economy program of the Interethnic Association for the Development of the Peruvian Rainforest AIDESEP, presented the program and its main results, as well as Ernesto Velarde, specialist in eco business of Amazon Conservation (ACCA), who emphasized the evolution of BioTrade support activities in the Madre de Dios region. Yuly Matos Carhuancho, specialist in positioning and commercial articulation of products from Natural Protected Areas of the National Service of Protected Natural Areas by the State (SERNANP), highlighted the development of bio-businesses in more than 30 Natural Protected Areas and their buffer zones.

 

Nelsith Sangama, coordinator of the indigenous economy program of the Interethnic Association for the Development of the Peruvian Rainforest AIDESEP, Ernesto Velarde, eco-business specialist of Amazon Conservation (ACCA), Yuly Matos Carhuancho, specialist in positioning and commercial articulation of products from Protected Natural Areas of the National Service of Protected Natural Areas by the State (SERNANP) and Walter Quertehuari, president of the Amarakaeri Communal Reserve (ECA).

 

Walter Quertehuari, president of the Amarakaeri Communal Reserve (ECA), shared the experience of strengthening the management of communal reserves, as well as the main results of the identification and valorization of native cocoa in Madre de Dios. Participants highlighted the importance of collaboration and the generation of strategic alliances to promote bio-businesses.

 

On Thursday, March 7, Rocío Escudero, project director of the Confederation of Amazonian Nationalities of Peru (CONAP), CONAP, Gustavo Montoya, head of Cordillera Azul National Park and representative of SERNANP, Javier Martínez, senior manager of sustainable Amazonian landscapes at Rainforest Alliance, and Luis Angulo Talavera, technical coordinator of CODEPISAM’s Indigenous Economy program and representative of AIDESEP, who recognized the great potential of indigenous enterprises to contribute to the conservation of biodiversity and sustainable development,  technical coordinator of CODEPISAM’s Indigenous Economy program and representative of AIDESEP, who recognized the great potential of indigenous enterprises to contribute to biodiversity conservation and sustainable development in the Amazon.

 

The workshop concluded with a renewed commitment to promote the sustainable management and conservation of Peruvian forests through technical assistance and the provision of financial resources to bio-businesses, thus promoting sustainable economic development in the Amazon region.

 

About the Amazon EBBF Project:

 

The Amazon EBBF project is established as a fund capitalized by the Green Climate Fund and Profonanpe, through which technical assistance and partially reimbursable grants will be provided to eco and bio businesses, with the objective of supporting the sustainable management and conservation of Amazonian forests. The EBBF 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.

Comunicaciones Profonanpe

Comunicaciones Profonanpe

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