The case study details the incorporation of the IDB Sustainable Infrastructure Framework for the Mexico Projects Hub.
According to the Mexico National Development Plan 2019-2024, one of the conditions for Mexico to reach its maximum economic development potential is infrastructure investment for sustained growth. Mexico depends on a wide diversity of funding sources for infrastructure projects, including the federal expenditure budget, development banks, the National Infrastructure Fund (FONADIN), commercial banks, infrastructure financial markets and private investment (Mexico Projects Hub 2022). Considering the large infrastructure investment gap in the country, the private sector has been recognized as a critical ally in mobilizing capital to bridge it. In 2017, the Government of Mexico created an office to promote infrastructure investment. This office provided visibility to the country’s major investment opportunities through an online digital platform called Proyectos México, or Mexico Projects Hub in English.
In 2018 and 2019, the Mexico Projects Hub received technical assistance from the Inter-American Development Bank (IDB) and then from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to better incorporate sustainability principles into strategic planning and infrastructure finance measures. IDB and GIZ helped develop and scale up sustainable infrastructure methodology that would allow projects to be classified with greater nuance and detail according to their sustainability performance. The IDB Framework was used as a basis for this effort, and was customized to Mexico’s specific context. Besides generating an initial picture of the current state of affairs with regard to integrating sustainability into the country’s infrastructure, the IDB Framework encouraged the adoption of good sustainability practices while providing investors with key sustainability information to aid decision-making.
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