Support for climate-friendly business models

Context

Over the past decade, Peru’s economy has faced many challenges, not least the COVID-19 pandemic, but it has proved to be extremely resilient. People have consumed more goods, enabling industrial production to grow.

However, industry continues to cover most of its energy needs using fossil fuels and it remains reliant on outdated and technologies that harm the climate. A shift to more climate-friendly production systems is therefore crucial. To this end, the business m

odels of micro, small and medium-sized enterprises (MSMEs) in the manufacturing sector need to be optimised.

Despite the efforts of the Peruvian Government, it has so far proven difficult to develop climate-friendly business models that support energy efficiency in industry.

Objective

Conditions have improved for cost-effective, energy-efficient and therefore climate-friendly business models for MSMEs in the manufacturing industry.

Approach

The project is active in three areas:

• It supports training centres to develop and expand their continuous training programmes offer in energy efficiency topics, to better address the needs of manufacturing MSMEs.
• It advises service providers in the public and private sectors on how to tailor their advisory services to the needs of MSMEs with respect to energy efficiency and the transition to climate-friendly business models.
• It supports the optimised provision of public and private loans and support funds to MSMEs in the manufacturing industry, by introducing selection criteria for energy efficiency and climate neutrality.

Version: March 2025