The claim

Germany is said to have spent 315 million euros on building cycle paths and buses in Peru - a figure that is being spread by various politicians and on social networks.

Our conclusion

According to research and official information from the Federal Ministry for Economic Cooperation and Development (BMZ), the claimed sum of 315 million euros for cycle paths and buses in Peru is incorrect. The actual numbers and projects differ significantly from this claim.

It is extremely important, especially when it comes to such reports, to take a closer look and rely on facts before taking such claims at face value.

Rumors/claims about millions invested in cycle paths in Peru

The claim that Germany is spending 315 million euros on bike paths and buses in Peru has been spread by various politicians and on social media platforms.

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Given the current budget situation and prioritization in Germany, this number appears particularly explosive.

Evaluation

A preliminary assessment suggests that the sum of 315 million euros mentioned for cycle paths and buses in Peru does not correspond to the official figures. It appears that this figure was floated without any concrete basis.

The facts

The BMZ makes it clear that the figure of 315 million euros is incorrect. The actual funding consists of a grant of 20 million euros for cycle highways in Lima and a further 24 million euros for planned cycle paths.

Around 55 million euros were made available as a loan in 2015 and a further loan of over 100 million euros in 2022 for an

In total, the financial support amounts to around 199 million euros , part of which was granted as a loan and therefore has to be repaid.

Further information

In connection with German development cooperation, it should be mentioned that it is financed through both grants and loans.

Total German development services amounted to 33.9 billion euros in 2022, of which the BMZ managed 13.35 billion euros.

Conclusion

The funding in Peru is part of a broader climate and development partnership and aims at sustainable urban development and climate protection.

Source: Tagesschau

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Notes:
1) This content reflects the current state of affairs at the time of publication. The reproduction of individual images, screenshots, embeds or video sequences serves to discuss the topic. 2) Individual contributions were created through the use of machine assistance and were carefully checked by the Mimikama editorial team before publication. ( Reason )