Enel presents Roadmap to reduce emissions and generate economic benefits for Peru

Published on Thursday, 15 April 2021

  • The study was carried out by the international consulting firm Deloitte with the support of Enel and the participation of ministries, unions, industries, NGOs, universities, and several others.
  • The Roadmap shows that meeting the emission reduction objective assumed by Perú would generate a net economic benefit of USD 205 billion by 2050.

 

Lima, April 15, 2021. The international consulting firm Deloitte, along with the support of Enel and the participation of various public and private entities, presented the "Energy Transition Roadmap", a study that proposes an economically profitable path that the Peruvian State could follow to meet its goals in the reduction of emissions by 2050. It should be noted that the study was developed in a participatory manner, through three workshops with around 70 participants each.

Take a look at the Roadmap here.

The net economic benefit that Peru could obtain from the measures proposed by the study goes up to USD 205 billion by 2050, which would represent a 2.7% GDP increase when compared to a scenario where these measures are not adopted. According to the study, the investment required to achieve this goal is USD 103.4 billion.

The transition towards a sustainable economy based on low carbon emission technologies is a crucial issue due to its environmental and economic impact. It is for this reason that we have supported this study, as it shows that implementing adequate policies to face climate change generates economic benefits for the country. Along these lines, we seek to unite the efforts of the main productive sectors of the country around a single long-term objective: to generate a carbon-neutral economy”, said Marco Fragale, Country Manager of Enel Perú.

The Roadmap has identified the following as the main points for reducing emissions: i) more efficient use of energy and the electrification of end uses, especially the electrification of public and private transport; ii) greater presence of renewable energies in Peru's energy mix and iii) the development of sustainable production models in all productive sectors of the country. Following this path, there is the possibility of generating 600,000 jobs by 2030.

According to the study, accelerating the energy transition will improve Peru's competitiveness, making it more attractive for new investments that seek countries with clear policies to reduce greenhouse gas (GHG) emissions, and helping it enter trade agreements with regional organizations such as the OECD, Union European or Pacific Alliance.

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