Towards a financing mobilization route to achieve national climate change goals

The document was prepared by the Climate Finance Group for Latin America and the Caribbean (GFLAC), with the support of the Climate Initiative Mexico (Iniciativa Climática de Mexico, ICM) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH (German Cooperation for Sustainable Development), and is aimed at demonstrating the main findings on the vision of different representatives of the governmental, financial, private, academic and civil society sectors, regarding Mexico’s need to mobilize climate financing, its main challenges and recommendations on the subject.

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Analysis of International and National Public Budget for Climate Change

Its objective is to recognize the financing flows destined to climate change mitigation and adaptation actions in Mexico and to know how prepared the country is, economically speaking, to comply with the Nationally Determined Contributions (NDC). Likewise, the main barriers in this regard are analyzed and recommendations are issued.

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Financing Tracking

The Mexican-German Climate Change Alliance carried out the analysis of the Budget of Expenditures of the Federation (PEF) and the Transversal Annex number 16 (AT16), where Budget Programs, components and responsible units contribute with resources from various Budgeting Branches for climate change mitigation and adaptation. This analysis shows the annual variation of resources flow approved for the Administrative Units (AU) responsible for exercising them, that is, from a functional perspective.

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