Mexico Rural Development

The global environment objective of the project is to promote the adoption of GHG (CO2) emission-reduction technologies by agribusinesses, thus contributing to the goals of the National Strategy on Climate Change. The project objective would be achieved through: (i) promoting energy efficiency practices in the context of supporting agribusinesses; (ii) increasing sustainable biomass production, conversion, and use as energy; (iii) promoting the use of renewable energy sources in sustainable productive processes (being financed by the World Bank loan); and (iv) strengthen SAGARPA’s institutional capacity to address overall environmental issues and the agricultural sector’s impact on climate change. See Annex A for the detailed list of indicators and target values.

Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
SAGARPA/FIRCO
Implementing organisations
World Bank
Project ID
3537
GEF project type
Full size
GEF project phase
GEF - 4
GEF Cofinancing
$157.800.000
GEF project grant
$10.500.000
Executing Agencies
SAGARPA/FIRCO