The Mexican Ministry of Environment and Natural Resources of Mexico (SEMARNAT) in conjunction with the French Development Agency (AFD) and the Inter-American Development Bank (IDB) organized the Seminar-workshop "The Potential of Subnational Entities in the Nationally Determined Contribution" in Mexico City on October 18 and 19, 2018.
Taking as a reference the experience of French local governments, the Seminar addressed the strengths and challenges for states and municipalities to design and implement urban policies and projects with a climate focus; and the priority actions to be undertaken in Mexico were identified to strengthen the capacity of subnational governments in the development of initiatives aligned with Mexico's commitments to the Paris Agreement.
The Seminar-workshop represented a space for dialogue between representatives of France (Embassy of France in Mexico, AFD, Ministry of Ecological and Solidarity Transition, Parisian Climate Agency, Lyon, City of Bordeaux), of the IDB, of the Federal government of Mexico (SEMARNAT, SEDATU, INAFED and CONAVI), local Mexican government and other national and international organizations.
One of the main topics discussed in the Seminar was financing for sub-national climate change initiatives. The FMDV participated in the two days of the event and, particularly, contributed as a speaker in the panel "Mobilization of private financing, leveraging of resources and integration of non-governmental initiatives to implement climate strategies at the local level", addressing some of the challenges that they are used to leverage private investments for climate actions, such as: questioning current financing models and identifying the models that need to be promoted; create innovative mechanisms to direct resources to local governments; define the type of public-private partnerships that are needed for the financing of municipal climate initiatives; promote a local culture aimed at banks; commit private financing to open financing opportunities for local projects; develop technical expertise, among others.
The contributions of the different actors and the results of the Seminar-workshop will make it possible to define a road map to promote climate initiatives in Mexican subnational entities aligned with Mexico's NDC commitments.