News

IDB Boosts Mexico's Climate Change Agenda

By Ivy Mungcal // 18 November 2010

A wind farm in Mexico. The country will receive USD400 million loan from the Inter-American Development Bank to improve Mexico's climate adapation and mitigation projects. Photo by: Cedric / CC BY-NC-SA Cedric CC BY-NC-SA

Mexico will be receiving a USD400 million loan from the Inter-American Development Bank as support for the country’s climate change agenda.

The loan will finance the third stage of the program that seeks to strengthen Mexico’s institutional capacity and regulatory framework for climate change. The program also aims to improve adaptation and mitigation projects in the country.

Environment & Natural Resources
Banking & Finance
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About the author

Ivy Mungcal
As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.