Program Information Document - Appraisal Stage
World Bank
Transport – The Urban Transport actions under this operation support the development of the institutions, policies and incentives needed to consolidate and modernize the Urban Transport Systems of Mexico. These reforms will make Urban Transport more efficient and effective, reducing automobile use and decreasing urban congestion to lower the sector’s carbon footprint.
Energy – The Law for the Use of Renewable Energy and the Financing of the Energy Transition and the Law for the Sustainable Use of Energy, supported under this operation, provide the regulatory framework for putting in place new incentive structures for an increased use of renewable energy in the country’s electricity generation mix and for improvements in the efficiency of energy use. Success of these initiatives rest on the adequacy of the secondary regulations, the effectiveness of the incentives aimed at public and private stakeholders as well as end-consumers, a sound implementation program, the availability of financing mechanisms for such initiatives, and adequate capacity to implement and monitor policies.
As a single tranche operation, the DPL acknowledges the important steps already taken by the Government of Mexico to develop Urban Transport and Energy policies that combat climate change and reduce GHG and other emissions.
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