“Analysis of World Bank Interventions in Peru and Their Impact on Forests” – 31 May 2018

 In 2007, Peru signed the Country Partnership Framework (CPF) with the World Bank Group (WBG). It identifies eight objectives aligned with Peru’s National Plan for 2016-2021. The WBG operations that contributed to achieving these defined goals were listed for each objective. This study seeks to analyze the contribution of these interventions in protecting the country's forests, as well as affecting potential drivers of deforestation...Of the 44 interventions in progress, we obtained complete information for 17 on the Bank's website. These were analyzed based on the criteria identified in the aforementioned documents. Among the study’s primary conclusions, we found that many of the interventions did not have a comprehensive approach to identifying possible risks of impact on forests...On the other hand, when analyzing the contribution of the WBG’s Development Policy Finance (DPF) loans, besides being able to quantify in terms of amounts the possible risks to forests, these loans at disbursement have already had an environmental impact through the implementation of prior actions that were established as pre-conditions for signing the loan agreements. A recommendation to the WBG is to make use of the strategic instruments that were developed to analyze the possible impact of their interventions on forests, as well as their contribution to climate change. At the same time, the Government of Peru is urged to identify the national safeguards that may apply to forests in negotiations with multilateral development banks. It is important that tools such as the Strategic Environmental Assessment, which analyzes the possible cumulative impacts of policies, programs and plans, are taken into consideration…