Content
The Peruvian economy uses resources inefficiently and does not have environmentally friendly economic cycles. This puts at risk national climate protection goals, productivity, and local and international competitiveness. Large businesses have an interest in adapting to new environmentally friendly supply chains and quality standards. The Peruvian Government has therefore prioritised transitioning to a circular economy. To facilitate this, the government has developed the basic conditions and coordination mechanisms while also focusing on companies in the manufacturing and trade sectors. The government also wants to promote cross-sectoral coordination and the dissemination of knowledge from pilot projects.
Objective
The Peruvian Government is promoting an integrated climate-friendly and resource-friendly circular economy in the supply chains of businesses in the manufacturing and trade sectors.
Approach
The project advises the Ministry of Production on transitioning to a circular economy in the industrial sector, thus contributing to carbon emission reductions from businesses.
It develops and implements technical, economic and financial business models, and in doing so, tests circular economy approaches in pilot businesses.
In addition, the project facilitates knowledge exchange on innovative circular economy approaches – particularly with German businesses – and close cooperation between businesses along the entire value chain, enabling them to share ideas on circular economies. At the same time, the project disseminates the results of the piloted business models in other regions of Peru.