Financiando la construcción sustentable en México

The report examines the potential for green bonds and other sustainable financial instruments to drive the decarbonization of Mexico's construction sector, highlighting existing certifications, market examples, and regulatory goals.

• The construction sector is a critical target for decarbonization, as buildings and construction account for approximately 39% of total global CO2 emissions.
• Mexico has established international unconditional commitments under its Nationally Determined Contributions (NDCs) to reduce greenhouse gas (GHG) emissions by 22% by 2030, with a potential increase to 36% if sustainable buildings and residential solar panels and heaters are promoted.
• Mexico's General Law on Climate Change sets a target to cut GHG emissions by 50% by 2050, though the report notes the IPCC suggests emissions should reach zero by that date.
• There is a significant investment opportunity in green construction in Mexico City, with an estimated 50,000 new houses expected to be built annually until 2030, contributing to a total green construction investment opportunity of 18 billion dollars.
• As of September 30, 2020, only 10.6% of green and sustainable bond funds in Mexico were allocated to sustainable buildings, while energy received the largest share at 43.2%.
• Several entities have utilized green or sustainable bonds in Mexico: the Mexico City government (first green bond in 2016), Vinte (sustainable housing bonds), BBVA (the first financial corporation to emit a green bond in Mexico), and CADU Real Estate (the first Climate Bonds certified bond in Latin America).
• Alternative financial instruments in Mexico, such as CKDs (Certificados de Capital de Desarrollo), CERPIS (certificados de proyectos de inversión), and FIBRAS (fondos de inversión dedicados a adquisición y desarrollo de propiedad inmobiliaria), present opportunities for green labeling if their underlying assets are low-carbon.
• The Climate Bonds Standard accepts specific proxies for green building certification in Mexico: for commercial buildings, LEED Gold or Platinum (with 30% improvement over ASHRAE 90.1), EDGE, or Living Building Challenge; for residential buildings, EcoCasa (with minimum 20% CO2e reduction), LEED Gold/Platinum, EDGE, or Living Building Challenge.

APA

Climate Bonds Initiative (2020). Financiando la construcción sustentable en México. https://www.climatebonds.net/files/documents/publications/Financiando-la-construcci%C3%B3n-sustentable-en-M%C3%A9xico_2025-01-07-172435_sbgz.pdf

Chicago

Climate Bonds Initiative. Financiando la construcción sustentable en México. 2020. https://www.climatebonds.net/files/documents/publications/Financiando-la-construcci%C3%B3n-sustentable-en-M%C3%A9xico_2025-01-07-172435_sbgz.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Financiando la construcción sustentable en México |date=November 2020 |url=https://www.climatebonds.net/files/documents/publications/Financiando-la-construcci%C3%B3n-sustentable-en-M%C3%A9xico_2025-01-07-172435_sbgz.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020financiando, author = {{Climate Bonds Initiative}}, title = {{Financiando la construcción sustentable en México}}, institution = {Climate Bonds Initiative}, year = {2020}, month = nov, url = {https://www.climatebonds.net/files/documents/publications/Financiando-la-construcci%C3%B3n-sustentable-en-M%C3%A9xico_2025-01-07-172435_sbgz.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }