Peru updated the Ministry of Environment’s (MINAM) administrative procedures [Texto Único de Procedimientos Administrativos (TUPA)] through Supreme Decree No. 023-2025-MINAM in December 2025, establishing official fees for registering carbon mitigation measures and credits in the national carbon registry (RENAMI). The decree applies to both Article 6 cooperative approaches and the voluntary carbon market, providing legal certainty and clear cost structures for project developers seeking registration, credit issuance, and subsequent modifications.
Official fees established under the decree:
Article 6 / Cooperative Approaches
• Project registration: PEN 5,047.10 (approximately USD 1,500, exchange rate USD 1 = PEN 3.36 as of 14 January 2026)
• Registration of issued emission reduction units [Unidades de Reducción de Emisiones (URE)]: PEN 2,651.80 (approximately USD 788, exchange rate USD 1 = PEN 3.36 as of 14 January 2026)
• Project modification: PEN 2,476.10 (approximately USD 736, exchange rate USD 1 = PEN 3.36 as of 14 January 2026)
Voluntary Carbon Market
• Project registration: PEN 4,485.60 (approximately USD 1,333, exchange rate USD 1 = PEN 3.36 as of 14 January 2026)
• Registration of issued emission reduction units [Unidades de Reducción de Emisiones (URE)]: PEN 2,275.80 (approximately USD 677, exchange rate USD 1 = PEN 3.36 as of 14 January 2026)
• Project modification: PEN 2,476.10 (approximately USD 736, exchange rate USD 1 = PEN 3.36 as of 14 January 2026)
