Mexico Rural Development

Project Summary

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.

Project Details

GEF Project ID
3537
Project Type
Full-size Project
Status
Completed
Country
Mexico
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
SAGARPA/FIRCO
GEF Period:
GEF - 4
Approval Fiscal Year:
2008

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
10,500,000 USD
Co-financing Total
157,800,000 USD
GEF Agency Fees
1,050,000 USD
Total Cost 168,300,000.00 USD

Project Timeline

Received by GEF
12 Nov 2007
Concept Approved
01 Apr 2008
Project Approved for Implementation
15 Jan 2009
Project closed
31 Dec 2016