Gobernanza socioambiental e inversiones chinas: el caso del Perú
Merino, R. (2026). Gobernanza socioambiental e inversiones chinas: el caso de Perú (América Latina, China y una Transición Energética Justa: Serie de Documentos de Trabajo). Universidad del Pacífico Centro de Estudios sobre China y Asia-Pacífico, Boston University Global Development Policy Center. https://cechap.up.edu.pe/wp-content/uploads/9.-Merino-Peru_Gobernanza-socioambiental.pdf
The global need to move towards a just energy transition and the surge in Chinese investment in Peru present both a challenge and an opportunity to improve social, environmental, and governance (ESG) standards in the country. In this context, this working paper identifies the main ESG standards in these sectors and assesses their level of implementation, with particular reference to Chinese investment. The study found that these standards and the institutions responsible for enforcing them are not yet fully established. In environmental matters, there are questionable competencies regarding environmental certification and remediation, limited inter-institutional coordination, and controversial rules concerning the modification of environmental impact assessments. Regarding governance, there is a wide range of participation mechanisms, but it is unclear how these mechanisms are integrated with prior consultation processes, or what the level of influence of local decisions is on the design and development of projects. In social matters, although regulations recognize labor rights and establish safety standards, non-compliance with basic protocols has been verified, and outsourcing is questioned as a way to evade labor responsibilities. Regarding gender, there are no special mechanisms or action plans in these sectors, nor is there any systematized official information. Overall, the institutional and policy framework is fragmented and porous, with actors of varying power and influence seeking to impact the design and implementation of ESG standards.
