According to bank documents, the proposed Development Objective is to pay for verified Emission Reductions related to reduced deforestation and forest degradation (ER payments) and to distribute ER payments in accordance with the agreed benefit-sharing mechanism in selected States in Mexico.
Borrower/Client: Secretaria de Hacienda y Credito Publico
Carlos Raul Delgado Aranda, Director General
Implementing Agency: Commission Nacional Forestal
Jose Francisco Quiroz Acosta, Unidad de Asuntos Internacionales y Fomento
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