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Compensation Mechanism for Carbon Capture in Soil by Farmers
Desertification is the result of an unsustainable use of land and is exacerbated by climate variations. It limits land productivity and its ability to provide Environmental services.
The Project addresses this problem by building capacity in smallholder farmers in the Sierra Gorda, so that they can implement a holistic management in their agricultural and livestock activities. This will allow them to recover soil fertility and improve productivity while creating biodiversity refuges, water reservoirs and carbon sinks.
The Project also aims to value the Environmental services that will be generated or enhanced through the orientation of public policies towards the development and strengthening of a compensation mechanism at a State level.

Project Detail

Country

Mexico

Project Number

ME-M1101

Approval Date

September 25, 2015

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE ADAPTATION POLICY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,863,333.00

Country Counterpart Financing

USD 1,017,633.00

Original Amount Approved

USD 845,700.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-15140-ME Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-15140-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-488938082-33118
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-15140-ME [40690829].PDF
Oct. 01, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-488938082-33115
Procurement Plan
Plan de Adquisiciones Sierra Gorda 2015 y 2016 [40416722].XLSX
Nov. 14, 2016
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-488938082-33117
Donors Memorandum
ME-M1101 Memorando de Donantes [40058269].PDF
Jan. 14, 2016
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-879361697-3
Project Performance Monitoring Reports
MIF_ PSRDef ATN_ME-15140-ME - Rep6395.pdf
Jun. 29, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-879361697-4
Project Performance Monitoring Reports
MIF Project Status Report-6-2017-ATN_ME-15140-ME - Rep6694.pdf
Sep. 13, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-879361697-5
Project Performance Monitoring Reports
MIF Project Status Report-12-2017-ATN_ME-15140-ME - Rep7007.pdf
Jul. 06, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-879361697-6
Project Performance Monitoring Reports
MIF Project Status Report-6-2018-ATN_ME-15140-ME - Rep7269.pdf
Oct. 23, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-879361697-7
Project Performance Monitoring Report
MIF Project Status Report-12-2018-ATN_ME-15140-ME - Rep8555.pdf
May. 03, 2019
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-488938082-33116
Multilateral Investment Fund Abstract
Abstracto ME-M1101 [40058193].PDF
Jan. 14, 2016
Spanish

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