The EcoCasa Programme aims at contributing to the efforts of the Mexican government in reducing greenhouse gas emissions related to the housing sector.
The housing sector represents one of the most important untapped potential for energy efficiency in Mexico. During the last decades, urban expansion was insufficiently planned, which resulted in increased energy demand, infrastructure deficits, and inefficient transport patterns. The non-sustainable development pattern of Mexican cities has also aggravated the contribution of the housing sector to the global climate change.
To support the Mexican government in promoting energy efficiency in the Mexican housing sector, the European Union, through LACIF, provides a combination of economic incentives and technical assistance to support the planning and implementation of energy efficient homes that generate less greenhouse gas emissions.
In this context, the EU through LACIF is supporting the EcoCasa Programme, the world's first National Appropriate Mitigation Action ('NAMA') in the sector – the Mexican NAMA for Sustainable New Housing. Together with KfW and IDB, LACIF funding will contribute to achieving this untapped emission reduction potential of the Mexican housing sector.
By increasing the production of low-carbon housing and the provision of mortgages for low-carbon housing, the Programme will:
- Reduce energy consumption in the Mexican households;
- Reduce the energy-related costs of the Mexican households;
- Improve the living conditions of the Mexican households.
More specifically, the programme will achieve the following:
- 1,700 green mortgages will be conceded;
- Between 741 and 924 houses shall be built (depending on the market conditions and the final size of the houses);
- An estimated reduction of approximately 1.03 million tC02e.