To this end, it considers regulatory reforms and the provision of subsidies to the forestry sector (OECD, 2016a). While the creation of a formal appropriately regulated forestry sector is important to address illegal activities and alleviate pressures on biodiversity, it is equally important to ensure that this does not lead to overexploitation and depletion of forest resources. The ENBCC pursues a ‘production-conservation approach’ which seeks to increase landscape productivity, while achieving forest conservation (Jenkins et al., Peru is also tenth in the world with the largest area designated to forest biodiversity conservation, amounting to 27% of total forest cover (FAO, 2016).