Peru
Peru
Overview
Peru is the fifth most biodiverse country in the world, and the third most forested, containing 13% of the Amazon rainforest. But this rich natural heritage is at risk from climate change and other natural hazards. Tsunamis, floods, rising sea levels, drought and earthquakes are threatening the country’s ecosystems and its people’s ability to thrive. As key economic sectors like forestry and fishing suffer, insurance and risk finance can bolster financial resilience and increase protection for those who need it most.
UNDP’s Insurance and Risk Finance Facility is providing technical assistance to Peru’s government, helping to increase institutional capacity and build an enabling environment to create innovative and effective insurance and risk finance solutions.
Main Natural Hazards
Earthquake, Tsunami, Drought,
Flood
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Insurance penetration
Number of insurance providers
20 insurance companies
1
% Workforce engaged in agriculture
26% (2022)
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Multidimensional poverty
6.6% (2021)
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% of population covered by inclusive insurance products
8%
1
1
Source:
Source: The Microinsurance Network, Landscape of Microinsurance 2023, Based on target population estimate for Uganda of 27,676,946 people
https://microinsurancenetwork.org/resources/the-landscape-of-microinsurance-2023
Biodiversity ranking
#5 out of 239 countries and territories (2023)
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Small business % contribution to workforce
90.5% of private sector employment (2022)
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