WASHINGTON, October 20, 2009 - The World Bank’s Board of Executive Directors today approved the following project: Mexico: Framework for Green Growth IBRD Loan: US$1.504 billion Terms: Maturity = 17 years; Grace Period = 16.5 years Project ID: P115608 Project Description: The objective of the Framework for Green Growth is to support the Government of Mexico's program to further develop the regulatory, monitoring and financial framework for low emissions evolution of the transport and energy sectors. To address the challenges posed by climate change, Mexico has publicly committed to reducing its Greenhouse Gas (GHG) emissions. Media Contact Stevan Jackson (202) 458-5054 Sjackson@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P115608 |
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