Environment Ministry: Peru retains 90 percent of its Amazonian forests, despite deforestation

Peru retains 69 million hectares — or 90 percent — of its virgin Amazon forests, despite deforestation, according to a study by Peru’s Environment Ministry, official state new agency Andina reported. According to the Ministry’s report, deforestation — caused by logging, industrial-scale agriculture, mining and oil extraction, and infrastructure and road development — resulted in [...]

World Bank approves $330 million loan to help Peru mitigate climate change

The World Bank Board of Executive Directors approved a $330 million loan Tuesday to help Peru’s recently created Environment Ministry improve and strengthen the environmental management of key sectors such as mining, urban transport and biodiversity conservation. “The World Bank has decided to support Peru resolutely in the implementation of environmental policies permitting sustainable development,” [...]

Planting trees to mitigate climate change: Peru to plant 40 million in 2009

In an attempt to mitigate climate change, the Ministry of Agriculture has launched a nationwide tree-planting project with the astounding goal to plant 40 million trees by Feb. 20 to capture more than 570,000 metric tons of carbon dioxide annually, El Comercio reported Friday. “This project was programmed many months ago,” said architect Rodolfo Beltran, [...]