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Mexico is a pioneer in climate change policies and has ambitious targets for mitigation in the building sector. With its NDC, the country aims to unconditionally reduce the GHG emissions of the Residential and Commercial Sectors in 2030 by 18%. That is a reduction of 5 MtCO2e in relation to the trend scenario.
Hospitals and hotels everywhere are large consumers of energy. In Mexico, hospitals consume about 220 and 350 kWh/m2 per year, that is about two times of the energy consumption of residential buildings, and hotels consume around 120-200 kWh/m2 annually. Mexico’s boom presents both an opportunity and a challenge: For the period 2005- 2030 the Mexican government projects the construction of 100 Mio m2 of educational buildings, 40 Mio m2 of hotels, 30 Mio m2 of commercial buildings and about 10 Mio m2 of new hospitals.
PEEB invited private developers and builders to discuss how energy efficiency can be integrated in large-scale projects for hotels, hospitals and commercial buildings. The private sector participants showed a strong interest in taking action. However, participants saw a huge need for advice on how to design energy efficient building projects and financing schemes with more attractive conditions to include these additional measures.
Discussions with the Mexican development bank Bancomext, Carbon Trust and CI Banco pointed the following tasks to make large-scale financing for EE in buildings more attractive:
• Developing new EE credit products
• Incorporating potential energy and operation cost savings into the financial analysis
• Developing Public-Private Partnerships (PPP) with state governments
• Providing international support for energy diagnostics as developers do lack knowledge and resources to conduct them as part of their feasibility studies
• Grouping various projects to make them attractive for national or international financing
• Developing green bonds (> 50 Mio US$)
PEEB is currently in discussions with the Foundation HELVEX, the Initiative Innovation Mexico and the Mexican Social Security Institute (IMSS) to identify suitable hotel and hospital projects for PEEB support.
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