Lima, 28 March 2023. At the invitation of the World Bank and the Peruvian Ministry of Foreign Trade and Tourism (MINCETUR), Component 2 of AL-INVEST Verde has participated in various meetings in Lima with public and private actors responsible for the agro-export chains of timber, coffee, cocoa and palm oil to analyse the impact of the European Union's deforestation regulation on their exports.

The meetings discussed traceability, geo-referencing, deforestation and sustainable production in the aforementioned value chains. The meetings were attended by public authorities, representatives of sectoral associations and international cooperation agencies. Also present were officials from the Ministry of Environment, Ministry of Agrarian Development and Irrigation, and MINCETUR, where the meetings were held.

AL-INVEST Verde also met with representatives of the Ministry of Labour and Employment Promotion, the National Agricultural Health Service (SENASA), the Delegation of the European Union (EUD) in Lima, the Spanish Agency for International Development Cooperation and the Spanish Trade Office in Peru.

The mission analysed Peru's needs and challenges in complying with the EU's new deforestation regulation, which aims to reduce deforestation and forest degradation. To this end, it will be necessary to comply with due diligence standards to ensure that certain raw materials - palm oil, beef, timber, coffee, cocoa, rubber and soya - and their derivatives imported by the EU or exported from its territory have not contributed to deforestation or forest degradation.