Support for Enhanced Accreditation of National Entities and Development of High-Quality Concept Notes (MEX-RS-002)

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Support for Enhanced Accreditation of National Entities and Development of High-Quality Concept Notes (MEX-RS-002)

This proposal supports Mexico to achieve its conditional climate commitments (mitigation reductions: 36% GHG emissions, 70% black carbon), through improved access to climate finance and narrow the existing $126 billion USD climate finance gap. Specifically, this proposal privileges the development of concept notes in at least 2 key sectors: transport (sectoral NDC reduction goal of 18% or 45MtCO2e); and sustainable landscapes (124% or 61 tCO2e).  

Such a goal can be achieved through an ambitious interdependence among the proposal’s components: capacity building (of the NDAs, GT-FIN, subnational governments, DAEs and EEs plus the social and private sectors); the development of strategic frameworks (namely, financial regulation for the CNBV, a national climate finance strategy and increased private sector investment in e-mobility); the strengthening of quality concept notes and the systematization of knowledge sharing (knowledge hub). 

Cover date 31 December 2021
Document type Approved readiness proposal
Organisation
Global Green Growth Institute
Country
Mexico