Latinoamérica Sostenible: ¿Cómo impulsar una recuperación justa y resiliente a partir del financiamiento climático en México?

The document examines the role of climate finance in Mexico, highlighting the risks posed by the elimination of the Fondo para el Cambio Climático (FCC) and the heavy concentration of public funds in the energy sector via the Comisión Federal de Electricidad (CFE). It provides specific recommendations for the public sector to strengthen governance and technical capacity, and for the private sector to adopt green taxonomies and innovative financing mechanisms like impact investing and carbon bonds to meet Nationally Determined Contributions (NDC) and Sustainable Development Goals (SDG).

• The elimination of the Fondo para el Cambio Climático (FCC) on November 6, 2020, removes the only independent body responsible for regulating and monitoring climate finance in Mexico, leaving the Anexo 16 of the Presupuesto de Egresos de la Federación (PEF) as the sole guaranteed source of national climate funding.
• Public climate finance in Mexico is heavily concentrated in the energy sector; in 2020, the Comisión Federal de Electricidad (CFE) received the majority of resources, primarily to transport natural gas to power plants, which the document notes has limited medium-term mitigation potential compared to other actions.
• Mexico is the second largest recipient of international climate finance in Latin America, with the Inter-American Development Bank (IDB) serving as the primary bilateral source, followed by the German Development Bank (KfW).
• The document identifies a lack of technical justification and defined patterns for the annual allocation of national climate finance within Anexo 16, leading to discretionary resource assignment across government agencies.
• Mexico has implemented innovative financial instruments, including the world's first sovereign sustainable bond linked to the SDGs in September 2020, which raised 750 million euros with a demand of 4,800 million euros.
• Subnational governments in Mexico have developed successful climate finance models, such as the Fondo Climático de la Península de Yucatán and the Fideicomiso de Manejo de la Zona Costera de Quintana Roo, the latter of which uses hotel taxes to fund reef and beach conservation.

APA

Transforma (2020). Latinoamérica Sostenible: ¿Cómo impulsar una recuperación justa y resiliente a partir del financiamiento climático en México? https://transforma.global/wp-content/uploads/2025/05/Latinoamerica-Sostenible-Como-impulsar-una-recuperacion-justa-y-en-Mexico.pdf

Chicago

Transforma. Latinoamérica Sostenible: ¿Cómo impulsar una recuperación justa y resiliente a partir del financiamiento climático en México? 2020. https://transforma.global/wp-content/uploads/2025/05/Latinoamerica-Sostenible-Como-impulsar-una-recuperacion-justa-y-en-Mexico.pdf.

Wikipedia

{{cite report |author=Transforma |title=Latinoamérica Sostenible: ¿Cómo impulsar una recuperación justa y resiliente a partir del financiamiento climático en México? |date=November 2020 |url=https://transforma.global/wp-content/uploads/2025/05/Latinoamerica-Sostenible-Como-impulsar-una-recuperacion-justa-y-en-Mexico.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{transforma2020latinoamrica, author = {{Transforma}}, title = {{Latinoamérica Sostenible: ¿Cómo impulsar una recuperación justa y resiliente a partir del financiamiento climático en México?}}, institution = {Transforma}, year = {2020}, month = nov, url = {https://transforma.global/wp-content/uploads/2025/05/Latinoamerica-Sostenible-Como-impulsar-una-recuperacion-justa-y-en-Mexico.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }