Investment Policy Monitor
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
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Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
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- Peru - Adopted law to promote green hydrogen
Peru
Adopted law to promote green hydrogen
24 Mar 2024On 24 March 2024, Peru adopted the Green Hydrogen Promotion Act (Law No. 31992) which designates activities related to green hydrogen—from research and production to export and use—as national interests. The Ministry of Energy and Mines (MINEM) will promote the generation, production, and use of green hydrogen from renewable energies as an energy vector, as a fuel, and as an input in industrial processes nationwide, whether as hydrogen or by-products such as fertilizers, organic liquids, and methanol. MINEM is tasked with developing energy policies for the value chain of green hydrogen, including through the granting of economic incentives, planning for development centres, and securing international financing. It should also promote the development and production of green hydrogen at an industrial level from surplus renewable energy and for its application as a blend in the gas grid.
The law also mandates the creation of a regulatory framework and green hydrogen certification, with all regulations to be established by 19 September 2024.
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Type:
- Promotion and facilitation (Investment incentives, Other)
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Industry:
- Services (Electricity, gas, steam and air conditioning supply)
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Sources:
- El Peruano, LEY DE FOMENTO DEL HIDRÓGENO VERDE, https://busquedas.elperuano.pe/dispositivo/NL/2273433-1, 23 Mar 2024
- Guarigues, Perú aprueba la Ley No. 31992, Ley del fomento del hidrógeno verde, https://www.garrigues.com/es_ES/noticia/peru-aprueba-ley-no-31992-ley-fomento-hidrogeno-verde#:~:text=31992%2C%20ley%20de%20fomento%20del,combustible%20y%20como%20vector%20energ%C3%A9tico., 26 Mar 2024
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.