Page:Mexico Climate Change Fact Sheet USAID.pdf/2



USAID supports the Government of Mexico’s development and climate priorities through a series of programs and partnerships promoting energy efficiency and natural climate solutions.

ENERGY EFFICIENCY

Energy efficiency measures are often among the most cost-effective ways to reduce GHG emissions in Mexico. USAID is planning to support energy efficiency collaboration at the subnational level with counterparts in city and state governments and the private sector to reduce energy consumption and cost. USAID, in partnership with the U.S. Department of Energy Laboratory System, plans to partner with subnational groups on commercial and municipal building efficiency. USAID will also explore scaling up renewable energy technical assistance and technologies in partnership with U.S. and Mexican companies, as well as subnational governments.

NATURAL CLIMATE SOLUTIONS

USAID supports Mexico’s goal to achieve net-zero deforestation by 2030 through initiatives that enhance transparency and use market based solutions to reduce deforestation and land degradation. USAID's support includes partnering with the private sector and key communities to promote sustainable value chains and working with the Government of Mexico to improve forest management systems to reduce illegal logging.

RESULTS


 * Mexico’s programs to implement natural climate solutions reduced an estimated 500,000 tons of CO2 equivalent in Fiscal Year 2020, the equivalent of taking around 100,000 passenger cars off the road for one year.


 * USAID supports the development of the country’s first-ever stock instrument to be listed on the Mexican stock exchange that will raise funds from institutional investors looking to decarbonize their portfolios by supporting sustainable value chains.


 * Programs promoting natural climate solutions are leveraging $14 million in private sector investment to reduce greenhouse gas emissions.


 * The new Sustainable Landscapes Ventures activity aims to unlock $30 million of additional mobilized funds toward natural climate solutions in targeted landscapes.

KEY PROGRAMS


 * Sustainable Landscapes Ventures (Conservation International Foundation): $10m (USAID; Anticipated funding, subject to availability of funds)/ $2m (leveraged funds), 2020-2025. This activity will mobilize investment capital to enable smallholder farmers to implement solutions that reduce deforestation, forest degradation and grow local economies. Interventions will help targeted regions overcome financial barriers and catalyze commercial investments in sustainable supply chains that USAID.GOV