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    Ahead of Cancun Talks, World Bank Offers Climate Aid Package to Mexico

    By Ma. Rizza Leonzon // 24 November 2010
    A compact flourescent lamp. The World Bank has approved USD307.74 million to promote the use of compact fluorescent bulbs and replace old and inefficient refrigerators and air conditioning equipment in Mexico. Photo by: TheKarenD / CC BY-NC TheKarenDCC BY-NC

    The World Bank is providing a total of USD713.24 million to improve the climate resilience of Mexico’s energy, transportation and environment sectors.

    The grant and loan aid package includes USD401 million to foster low carbon development in Mexico through increased renewable energy sources, energy-efficient houses, and climate-resilient land management and forestry activities.

    Some USD307.74 million will be used to promote the use of compact fluorescent bulbs and replace old and inefficient refrigerators and air conditioning equipment.

    The remaining USD4.5 million grant from the Global Environment Facility will support climate change adaptation in Mexico’s coastal wetlands.

    Mexico’s coastal city of Cancun will host the next United Nations climate change summit, which will run from Nov. 29 to Dec. 10.

    • Environment & Natural Resources
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    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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