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 | Project Approved |
| 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 |
