ECOCASA is Helping Mexico Tackle Climate Change Momentum for Change | |
go to original April 3, 2015 |
Rapidly expanding cities in Mexico are bringing with them increased energy demand and inefficient transport patterns. Mexico’s residential sector currently accounts for about 16 per cent of total energy use and 26 per cent of total electricity use. But sustainable housing requires investment.
By increasing both the production of low-carbon housing and the supply of mortgages for low-carbon housing, ECOCASA is helping Mexico to reduce its greenhouse gas emissions. ECOCASA is part of a multi-pronged approach to help Mexico follow a low-carbon growth path over the medium- to long-term.
Providing financing to build more sustainable houses will help lower energy consumption and spending, cut greenhouse gas emissions and strengthen government policies and initiatives. In the first seven years ECOCASA is helping build 27,600 houses and finance an additional 1,700 “green” mortgages.
For more info visit the UNFCCC website
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