According to the World Bank, the development objective of the Energy Efficiency in Public Facilities Project for Mexico is to promote the efficient use of energy in Mexico's municipalities by carrying out energy efficiency investments in selected municipal sectors and contribute to strengthening the enabling environment.
The project has the following four components:
(i) policy development and institutional strengthening
(ii) municipal energy efficiency (EE) investments
(iii) public facility energy efficiency investments
(iv) municipal energy efficiency contingency facility.
The proposed additional financing (AF) will leverage the experience gained with the development and implementation of the parent Project’s innovative operational and financing scheme for EE investments in the public sector by expanding its reach beyond municipal street lighting, municipal buildings and waste water utilities to two important public sectors with a high energy consumption and high potential for EE: health and education.
THe International Bank For Reconstruction And Development of the World Bank Group will provide US$50.0 million of funding for this project. The additional US$5.79 million will come from the Global Environment Facility (Gef) in the form of a grant.
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