What is Peru's pathway to limit global warming to 1.5°C?
Ambition Gap
1.5°C compatible pathways
Peru’s conditional NDC target, updated in 2020, aims for absolute emissions of 108 MtCO₂e/yr by 2030 (15% above 2015 levels), excluding LULUCF.1 Post-COVID policy projections for the country estimate that 2030 emissions will be around 116 MtCO₂e/yr (23% above 2015 levels).2
1.5°C compatible pathways show that Peru’s 2030 emissions would need to be 26–41% below 2015 levels by 2030, reaching between 60–75 MtCO₂e/yr, excluding LULUCF emissions. Peru would therefore need to mitigate at least an additional 33 MtCO₂e/yr by 2030 on top of its conditional NDC target to fall within the upper range of 1.5°C compatible emission reduction targets.
It is feasible for Peru to reduce emissions in line with 1.5°C compatible pathways goal if it receives adequate international support. This support can help it close the gap between its fair share level and the 1.5°C compatible domestic emissions pathway.
Peru's total GHG emissions excl. LULUCF MtCO₂e/yr
*Net zero emissions excl LULUCF is achieved through deployment of BECCS; other novel CDR is not included in these pathways
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Graph description
The figure shows national 1.5°C compatible emissions pathways. This is presented through a set of illustrative pathways and a 1.5°C compatible range for total GHG emissions excl. LULUCF. The 1.5°C compatible range is based on global cost-effective pathways assessed by the IPCC SR1.5, defined by the 5th-50th percentiles of the distributions of such pathways which achieve the LTTG of the Paris Agreement. We consider one primary net-negative emission technology in our analysis (BECCS) due to data availability. Net negative emissions from the land-sector (LULUCF) and novel CDR technologies are not included in this analysis due to data limitations from the assessed models. Furthermore, in the global cost-effective model pathways we analyse, such negative emissions sources are usually underestimated in developed country regions, with current-generation models relying on land sinks in developing countries.
Methodology
Data References
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Long term pathway
Peru has announced its intent to reach net zero greenhouse gas emissions including LULUCF by 2050, according to preliminary findings from a technical study carried out by Peru’s Ministry of the Environment.3 The government has not yet released a clear strategy for reaching this goal.4
When excluding LULUCF emissions, Peru‘s remaining GHG emissions by 2050 should not exceed around 16 MtCO₂e/yr. This level equals to emissions reductions of at least 83% below 2015 levels.5 Achieving this pace of decarbonisation will require international support.
The key drivers of emissions reductions will be the decarbonisation of the power and transport sectors, where emissions will need to be drastically reduced by switching to renewable sources of power production and zero-emission vehicles. On the road to net zero, the country will need to balance its remaining emissions through the use of carbon sinks, likely from the land sector. Given the high share of LULUCF emissions (more than half of total GHG emissions in Peru’s latest national inventory report), the country will need to implement stringent policies to stop deforestation. LULUCF emissions will need to reduce and the sector to become a larger sink. Historically, the Peruvian Amazon rainforest has seen its area shrinking due to activities such as mining, logging, and the expansion of agro-industry.6
Peru's primary energy mix
petajoule per year
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Graph description
Primary energy mix composition in consumption (EJ) and shares (%) for the years 2030, 2040 and 2050 based selected global least cost pathways.
Methodology
Data References
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Energy system transformation
The transport and power sectors will be key to decarbonising Peru’s energy system. Peru’s total primary energy supply (TPES) is dominated by oil and natural gas, used to power the country’s vehicles, industry and residential sectors, with only a 25% share of renewable energy in the TPES in 2018.7
Between 30–57% of Peru’s TPES will need to be generated from renewable sources by 2030 and 51–95% by 2050 to be on a 1.5°C pathway. Lower shares of renewable energy in TPES would result in higher reliance on negative emissions technologies to balance remaining emissions. CO₂ emissions for the whole energy sector would need to drop between 28–45 MtCO₂/yr by 2030 and be fully decarbonised by 2050.
Unless renewable energy is quickly ramped up in the energy sector, negative emissions technologies such as bioenergy with carbon capture and storage (BECCS) will need to be implemented as soon as possible to compensate for the continued emissions from the energy sector.
Peru's total CO₂ emissions excl. LULUCF MtCO₂/yr
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Graph description
1.5°C compatible CO₂ emissions pathways. This is presented through a set of illustrative pathways and a 1.5°C compatible range for total CO₂ emissions excl. LULUCF. The 1.5°C compatible range is based on global cost-effective pathways assessed by the IPCC SR1.5, defined by the 5th and 5th percentiles.
Methodology
Data References
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1.5°C compatible emissions benchmarks
Key emissions benchmarks of Paris compatible Pathways for Peru. The 1.5°C compatible range is based on the Paris Agreement compatible pathways from the IPCC SR1.5 filtered with sustainability criteria. The median (50th percentile) to 5th percentile and middle of the range are provided here. Relative reductions are provided based on the reference year.
Indicator |
2015
Reference year
|
2019
|
2030
|
2040
|
2050
|
Year of net zero
incl. BECCS excl. LULUCF and novel CDR
|
---|---|---|---|---|---|---|
Total GHG
Megatonnes CO₂ equivalent per year
|
94
|
100
|
70
61 to
81
|
39
31 to
46
|
16
-6 to
35
|
2060
|
Relative to reference year in %
|
-25%
-35 to
-14%
|
-58%
-67 to
-51%
|
-83%
-107 to
-63%
|
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Total CO₂
MtCO₂/yr
|
52
|
56
|
39
28 to
45
|
9
-3 to
19
|
-11
-31 to
1
|
2044
2039 to
2058
|
Relative to reference year in %
|
-25%
-46 to
-12%
|
-82%
-106 to
-62%
|
-122%
-160 to
-98%
|
All information excluding LULUCF emissions and novel CDR approaches. BECCS are the only carbon dioxide removal (CDR) technologies considered in these benchmarks
All values are rounded
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Methodology
Data References
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