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Clinton Giustra Sustainable Growth Initiative

Peru

Peru’s economy is among the most dynamic in South America, but economic success is concentrated along the wealthier coastal regions and the income of the wealthiest 10 percent of Peruvians is 40 times greater than that of the poorest 10 percent. More than 13 million Peruvians live in poverty, and Peru has one of the highest rates of malnutrition in Latin America. In rural areas, nearly 40 percent of children under the age of five are malnourished. CGSGI’s projects in Peru are addressing these challenges with a focus on enterprise development, health, and child nutrition. Specifically:

  • CGSGI is expanding market-driven economic development in the Ancash and Cajamarca regions, with an emphasis on diversifying and enhancing sustainable economic activities relating to agriculture, agribusiness, and tourism. CGSGI has partnered with Compañía Minera Antamina S.A. in Ancash and Minera Yanacocha and Gold Fields Limited in Cajamarca to open economic service centers that provide small-scale consulting services and link local producers to markets for their products.
  • In conjunction with Fundación Carlos Slim and the Peruvian Ministry of Health, CGSGI launched a program to deliver 50,000 cataract surgeries to the most underserved populations of Peru over the next four years.
  • CGSGI is working with stakeholders in Peru to develop projects that reduce chronic child malnutrition in the Ancash and Cajamarca regions.
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39% of Peruvian children in rural areas are impacted by chronic malnutrition. Photo: A woman in Peru with her improved stove