With more than 178 participating countries and over 2000 project submissions annually the Energy Globe Award is today's most prestigious environmental prize worldwide. It distinguishes projects regionally, nationally and globally that conserve resources such as energy or utilize renewable or emission-free sources. Award ceremonies are held all over the world. Prominent personalities as well as Energy Globe Ambassadors in 90 countries support the mission of Energy Globe. The activities of Energy Globe attract worldwide media attention - international TV stations report each year with approximately 1,000 hours of broadcasting time. The aim of the Energy Globe is to raise global attention on sustainable, everywhere applicable environmental solutions and to motivate people to also become active in this area.
National ENERGY GLOBE Award Mexico 2017
The EcoCasa Program reduces GHG emissions from the housing sector in Mexico, by providing financing to housing developers who build homes designed to achieve a 20% CO2 reduction.
In Mexico, the global financial standstill impacted house building and resulted in constrained access to liquidity and credit. In addition, the residential building sector is responsible for approximately 17% of the country's total energy consumption, while its housing deficit accounts for approximately 9 million homes. This housing backlog combined with a population that is expected to grow significantly towards 2030, offers a big opportunity for mitigation and energy efficiency given the growing need for new housing solutions.
The EcoCasa Program became operative in 2013 to reduce GHG emissions from the housing sector in Mexico, by providing financing to housing developers who build homes designed to achieve a 20% CO2 reduction against a baseline house. EcoCasa has made operational the framework of the NAMA for Sustainable Housing in Mexico, paving the way for a long term public policy. Another important contribution of EcoCasa to the sustainable housing policy framework is the methodology for the evaluation of energy-efficient homes. The goal for its first stage (2013-2019) was to build a total of 27,600 houses with an estimated reduction of 1 million tons of CO2 within 40 years. However, due to EcoCasa’s great success, SHF has already achieved its goal during November 2016. By December 2016, the Program has granted loans amounting to USD 400 million for the construction of 28,332 houses (2.6% above the target) that will benefit approximately 110,500 people. These figures include financing for 40 developers, 94 projects, located in 19 states, achieving a representative coverage of the main bioclimatic zones in the country. By the end of 2019, EcoCasa expects to double its initial goal, financing more than 54,000 houses, reducing around 1.7 Mt CO2 and benefiting around 210,000 inhabitants.
The program has brought together the Public Sector, the Private Sector (financial intermediaries and developers) and International Financial Institutions. Together they deliver a world-class initiative to tackle climate change, permeate sustainability criteria in the housing sector, and improve the quality of life of low and middle income households.
Sociedad Hipotecaria Federal, Inter-American Development Bank, German Development Bank KfW
In Mexico, the global financial standstill impacted house building and resulted in constrained access to liquidity and credit. In addition, the residential building sector is responsible for approximately 17% of the country's total energy consumption. This year's National Winner of the Energy Globe Award in Mexico reduces GHG emissions from the housing sector by providing financing to housing developers who build homes designed to achieve a 20% CO2 reduction. Congratulations on your initiative!