[{"bbox": [146, 147, 1080, 555], "category": "Table", "text": "<table><tr><td>digital connectivity</td><td>☐</td><td>☐</td><td></td></tr><tr><td>energy</td><td>☐</td><td>☐</td><td></td></tr><tr><td>transport</td><td>☐</td><td>☐</td><td></td></tr><tr><td>health</td><td></td><td></td><td></td></tr><tr><td>education and research</td><td></td><td></td><td></td></tr><tr><td>Migration @</td><td>☒</td><td>☐</td><td>☐</td></tr><tr><td>Reduction of Inequalities@</td><td>☐</td><td>☒</td><td>☐</td></tr><tr><td>Covid-19</td><td>☒</td><td>☐</td><td>☐</td></tr></table>"}, {"bbox": [476, 557, 751, 581], "category": "Section-header", "text": "BUDGET INFORMATION"}, {"bbox": [146, 593, 1080, 806], "category": "Table", "text": "<table><tr><td>12. Amounts concerned</td><td>Budget line(s) (article, item): BGUE-B2024-14.020140-C1-INTPA<br/>Total estimated cost: EUR 4,000,000<br/>Total amount of EU budget contribution: EUR 3,000,000<br/>This action is co-financed in joint co-financing by the Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung³ (BMZ) for an amount of EUR 1,000,000</td></tr></table>"}, {"bbox": [387, 807, 841, 831], "category": "Section-header", "text": "MANAGEMENT AND IMPLEMENTATION"}, {"bbox": [146, 843, 1080, 913], "category": "Table", "text": "<table><tr><td>13. Type of financing</td><td>Indirect management with an entrusted entity to be selected in accordance with the criteria set out in article 4.3.1</td></tr></table>"}, {"bbox": [146, 928, 462, 958], "category": "Section-header", "text": "1.2 Summary of the Action"}, {"bbox": [157, 971, 1072, 1105], "category": "Text", "text": "Regarding the financial frameworks, Peru developed – with the support of the EU – a “National plan for the transition towards circular economy” and a “Green Finance Roadmap”⁴, which is a key instrument to facilitate a gradual transition towards green finance by requiring that entities in the financial, insurance and securities market systems incorporate environmental considerations in their strategic, operational, and reporting management."}, {"bbox": [157, 1116, 1072, 1515], "category": "Text", "text": "The EU is recognised as a benchmark and a key partner in the field of sustainable green investments and the circular economy. It is currently implementing the action ‘Sustainable Business - A Circular, Inclusive Economy’ which aims to support Peru’s transition towards a more inclusive green economic growth path. Therefore, based on its experience and the confidence created with the public administration in the EU’s added value and potential impact on the country sustainable growth, as well as its crucial role in the fight against climate change, the MIP 2021-2027 includes green transition within Priority Area 1 Circular Transition, encompassing the circular economy, sustainable and climate security for inclusive and gender-sensitive investments and support to key infrastructure development. Consequently, this action aligns with Peru’s efforts in implementing green finance (designing and launching green bonds, loans and equity instruments), adopting a sustainable green taxonomy inspired by the existing European taxonomy, and improving enabling conditions for solid waste management, recycling and reusing, as well as the rational management of water resources (water resources protection (surface and underground), clean water access and infrastructure, used water and sanitation infrastructures), both with important consequences on people health and economic development (both in urban and rural areas)."}, {"bbox": [146, 1568, 917, 1592], "category": "Footnote", "text": "³ Federal Ministry for Economic Cooperation and Development of the Federal Republic of Germany"}, {"bbox": [146, 1591, 622, 1614], "category": "Footnote", "text": "⁴ Approved through Decreto Supremo N.º 007-2023-Minam."}, {"bbox": [972, 1679, 1080, 1704], "category": "Page-footer", "text": "Page 4 of 29"}]