CIF Countries

Mexico, covering a total surface area of 1,964,375 square kilometers (sq km), is bordered by United States of America, Guatemala, Belize, the Pacific Ocean, and the Gulf of Mexico. Mexico's geographic characteristics make it highly vulnerable to climate change. Located in one of the world’s most seismologically active regions, the country experiences damaging earthquakes. Mexico is vulnerable to tropical cyclones and hurricanes due to its location between the two oceans. It also experiences storms commonly associated with hurricanes and flooding during heavy rain seasons.

POPULATION:

128.93 Million (2020)

CO₂ EMISSIONS PER CAPITA:

3.7 CO₂ metric tons (2018)

SOURCE:

World Bank

CIF’s investments in Mexico are through its Clean Technology Fund (CTF) and Forest Investment Program (FIP). In line with its national development and climate change goals, Mexico’s $378-million CTF investment plan is helping to overcome institutional, regulatory, and cost barriers to large-scale deployments of low-carbon technologies. By offseting upfront costs and risks, CTF funding can be used to demonstrate viability and expand private investments in geothermal and solar power, urban transport, along with residential housing, industries, and small businesses.

Mexico’s $61-million FIP investment plan is also promoting emissions reductions from deforestation and forest degradation through sustainable land use practices. An important focus of the FIP investment plan is to work with ejidos (a piece of communal land) and forest communities to increase their capacities to better manage their forests, and improve access to technical support and credit to boost productive activities on their lands, while conserving biodiversity and curbing soil erosion.

Through the CIF-TAF, over $ 250,000 was programmed for technical assistance activities in 2020 and 2021. The programs covered an array of topics such as enhancing the financial regulatory framework for promoting energy efficiency and distrivuted generation investments, as well as supportig city climate investments to promote green and resilient recovery from Covid-19.

CTF INVESTMENT PLAN FOR MEXICO

FIP INVESTMENT PLAN FOR MEXICO

CTF INVESTMENT PLAN FOR MEXICO - REVISED

CTF INVESTMENT PLAN FOR MEXICO phase II

NO. OF CIF-APPROVED PROJECTS

CIF APPROVED FUNDING

$439.92M

Expected Co-financing

$7.01B

Sources of Expected Co-financing

Government

30.67% (2.15B)

MDB

21.22% (1.49B)

Private Sector

14.55% (1.02B)

Bilaterals + Others

33.55% (2.35B)

Source	Data
Government	30.67% (2.15B)
MDB	21.22% (1.49B)
Private Sector	14.55% (1.02B)
Bilaterals + Others	33.55% (2.35B)

CIF Investments by Program

CTF

86% (378.5M)

FIP

14% (61.42M)

Program	Data
CTF	86% (378.5M)
FIP	14% (61.42M)

Data as of December 31, 2023

Country Snapshot

CTF	FIP
INVESTMENT PLAN CTF Investment Plan for Mexico: Phase II \| Presentation Presented at the TFC Meeting on October 28, 2013 (Decision) Approval by Mail: Mexico - Project preparation grant - Strengthening the financial inclusion of ejidos and communities - ppg Preparation grant proposals Approval by Mail: Mexico - Project preparation grant - Strengthening the financial inclusion of ejidos and communities - proposed decision Preparation grant proposals	INVESTMENT PLAN Mexico - Investment Plan Endorsed on October 31, 2011 (Decision) Endorsement Letter (November 15, 2011)
COUNTRY MISSIONS Joint Mission: December 15-17, 2008 Notification to TFC Members Joint Mission: January 30- February 1, 2013 Completion Report Second Joint Mission: March 19-20, 2013 Terms of Reference Third Joint Mission: June 25-26, 2013 Terms of Reference	COUNTRY MISSIONS Joint Mission: August 29 - September 1, 2011 Terms of Reference \| Completion Report (Spanish) Scoping Mission: March 3-4, 2011 Invitation Letter \| Completion Report (Spanish)