Mexico: Decarbonizing Value Chains with clean energy and sustainability investments in SMEs

Abstract*

In the context of the global trends towards green value chains, the near shoring opportunity, and the energy sector challenges in Mexico, the program will incentivize and facilitate investments in clean energy and sustainability by Mexican SMEs. Affordable financing will be accessible through financial institutions to support investments aligned with the Mexico Sustainable Taxonomy that enable SMEs to obtain a sustainable certification, linking, for... Show More

Development Objective

The Project Development Objective is to facilitate clean energy and sustainability investments in Mexican small and medium enterprises (SMEs) in order to reduce their greenhouse gas emission and enhance their market opportunities.

Key Details

Project Details

Project ID
P507616
Status
Dropped
Team Leader
Manuel Luengo , Alexander Pankov, Martina Bosi
Borrower 2
NACIONAL FINANCIERA SNC (NAFIN)

Country
Mexico
Disclosure Date
December 19, 2024
Approval Date
(as of board presentation)
N/A
Effective Date
N/A

Total Project Cost 1
US$ 0.00 million
Implementing Agency
NACIONAL FINANCIERA SNC (NAFIN)
Region
Latin America and Caribbean
Fiscal Year 3
2025

Commitment Amount
US$ 213.00 million
Environmental Category
N/A
Environmental and Social Risk
Moderate
Closing Date
N/A

Consultant Services required
Yes
Last Stage Reached
CONCEPT REVIEW
Last Update Date
April 14, 2025

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

No data available.

Themes

Economic Policy

Economic GrowthNo value for percent
- Economic DiversificationNo value for percent
- Green and Resilient GrowthNo value for percent
- Inclusive GrowthNo value for percent
- ProductivityNo value for percent

Environment, Infrastructure, and Natural Resource Management

Access to Climate FinanceNo value for percent
Circular EconomyNo value for percent
Climate ChangeNo value for percent
- AdaptationNo value for percent
Energy and Mineral ResourcesNo value for percent
- Energy Access-ElectricityNo value for percent
- Energy Efficient DemandNo value for percent
- Energy Efficient SupplyNo value for percent
- Energy and Mining Policies & ReformNo value for percent
Nationally Determined Contributions (NDCs) and Long-Term Strategies (LTSs) for Low Emissions and ResNo value for percent
- Nationally Determined Contribution (NDC) EnhancementNo value for percent
- Nationally Determined Contribution (NDC) ImplementationNo value for percent

Finance

Develop Financial MarketsNo value for percent
- Capital MarketsNo value for percent
- Climate Change and Sustainable FinanceNo value for percent
- Institutional InvestorsNo value for percent
Finance for the Poor and VulnerableNo value for percent
- Financial InclusionNo value for percent
Finance for the Real EconomyNo value for percent
- Infrastructure FinanceNo value for percent
Strengthen Financial ResiliencyNo value for percent
- Climate and Disaster Risk FinanceNo value for percent
- Financial Sector IntegrityNo value for percent

Gender

Economic Opportunities to Advance Gender EqualityNo value for percent
Human Capital to Advance Gender EqualityNo value for percent

Governance and Public Sector Management

Public Finance ManagementNo value for percent

Jobs

Green JobsNo value for percent

Private Sector Development

Innovation, Technology, and Green CompetitivenessNo value for percent
- E-commerce, Private Sector Platforms, and Cross-Border Digital TradeNo value for percent
- Green Business Regulations and Green Investment PolicyNo value for percent
- Innovation and Technology PolicyNo value for percent
Business Enabling EnvironmentNo value for percent
- Investment Policy, Promotion, and FacilitationNo value for percent
- Business Regulation and Investment Climate PoliciesNo value for percent
Enterprise and Sector DevelopmentNo value for percent
- MSME DevelopmentNo value for percent
- Sector Competitiveness and JobsNo value for percent
Public Private PartnershipsNo value for percent
- Climate Change with/through PPPsNo value for percent
- Fiscal Commitments and Contingent LiabilitiesNo value for percent
- PPP FundingNo value for percent
Regional IntegrationNo value for percent
- Trade Facilitation and Trade LogisticsNo value for percent

Social Sustainability

Social Inclusion Policy and ProgramsNo value for percent

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Energy Sector Management Assistance Program	3.00
Clean Technology Fund	60.00
International Bank for Reconstruction and Development	150.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	150.00
IDA Commitment	N/A
IBRD + IDA Commitment	150.00

Lending Instrument
Grant Amount	63.00
Total Project Cost**	N/A

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.

Mexico: Decarbonizing Value Chains with clean energy and sustainability investments in SMEs

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

Detailed Financial Activity as of July 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework