Organization: Sociedad Hipotecaria Federal (SHF)
Category: Mitigación, adaptación y resiliencia del hábitat frente al cambio climático y los desastres
Mexico has a housing shortage of 9.2 million homes, of which 59.7% demand a procurement solution. Conversely, the housing sector is responsible for approximately 14.2% of the total energy consumption and 323.9% of Greenhouse Gases (GHG) emissions.
To contribute to the efforts for tackling climate change through the financing of homes built with energy efficiency and which reduce CO2 emissions, thus transforming construction standards and fostering an energy-efficient housing market. Loans are granted to companies that build bioclimatic designs, that favor technological innovation and the use of sustainable construction materials.
- Funding of 44,034 homes granted since 2013;
- Certification of 9,005 additional homes with the EcoCasa standard, adding up to a total of 53,039 homes that will reduce 1.5 Mt CO2 in 40 years starting in 2013;
- Coordination with 72 developers, who executed 191 projects in 22 states in the country until December 2017;
- More than 200,000 Mexicans with access to the EcoCasas program, financed and/or certified by 2017; 240,000 Mexicans are expected to be benefited by 2023.
- To help in decreasing families' energy consumption and waste by at least 20 %;
- To contribute to transform the real estate markets' construction standards, promoting more energy-efficient and sustainable homes; it is expected to fund 60,000 homes by 2023, which account for over 2.0 Mt CO2 mitigated throughout 40 years of service life.
Person/contact: Andrea Hernandez/ email@example.com
Source: Energy Information System, Energy Department, 2016. National Emissions Inventory, National Institute of Ecology and Climate Change, 2013)