Peru’s government through The Mivivienda Verde program plans to build up to 30,000 sustainable houses by October 2025, with funds subsidized by the European Union (EU) and credit lines granted by the French Agency for Development (AFD) and the German Development Bank (KfW).
This was stated by the ambassador of the European Union in Peru, Jonathan Hatwell, after visiting some green housing projects in the capital and supervising the progress of the technical assistance provided to the aforementioned project with community resources.
The diplomat said that the Mivivienda Fund - attached to the Ministry of Housing, Construction and Sanitation - was launched in 2015 with an initial cooperation from the AFD, which allows families with limited means to live in homes that have energy, water and sanitation saving technologies, as well as better sustainability conditions, resulting in lower current expenses for the beneficiaries.
He explained that the financing from the European Union will allow in this new phase to consolidate the initial results of Mivivienda Verde, that is, to build up to 30,000 sustainable homes until October 2025.
Also these new houses will improve social and environmental criteria, increasing bonuses and incentives and reducing the environmental impact and CO2 emissions within the framework of the Nationally Determined Contributions (NDC) and the Paris Agreement.
Financing for green housing comes from a 105 million euro credit line from France's AFD and another 45 million euro credit line from Germany's KfW.
In addition, there is a 10.4 million euro subsidy from the Latin American and Caribbean Investment Facility Program (LACIF), an instrument of the European Union, which combines credits from European Banks with subsidies from the European Commission, to improve the quality of infrastructure, increase environmental protection and promote socioeconomic development in the region.
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(END) CNA / MDV
Published: 12/19/2024