Peru will spend more than a billion dollars on the climate plan

Cyclone Yaku in Peru / Photo EPA-EFE/Paula Bayarte

The government of Peru will spend $1,06 billion on climate measures in an effort to prevent negative impacts resulting from climate change.

Peruvian Economy Minister Alex Contreras made the announcement during a cabinet meeting with President Dino Boluarte, highlighting the significant risks of climate events that could affect the country's economic health. El Nino, a Pacific Ocean climate pattern that affects weather, is likely to contribute to the heavy rainfall and possible flooding expected in Peru starting in April.

Recent rains and flooding that followed powerful Cyclone Yaku caused more than $300 million in damage to infrastructure in the South American country, Contreras said.

Earlier this month, the government agency ENFEN, which studies El Nino, issued a coastal warning for what it described as an unexpected rise in surface temperatures in the Pacific Ocean. During a cabinet meeting, Prime Minister Alberto Otarola said the expected warming was likely to continue into July, with higher-than-normal rainfall in April and June.

Peru has suffered major weather disasters in recent years. In 2017 alone, El Nino-related weather caused at least 162 deaths and severe damage to infrastructure, including roads and bridges, equivalent to two percent of the country's economy, official figures show.

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