México City —May 27, 2019— The Ministries of Economy, Foreign Affairs Environment and Natural Resources announced today their leadership in a crucial initiative at the forefront of green growth. The Ministries will host the Mexican national platform for P4G - Partnering for Green Growth and the Global Goals 2030 – a initiative funded by the Danish government that identifies and incubates the most innovative public-private partnerships to drive sustainable economic growth worldwide.
As a P4G national platform, the Government of Mexico seeks to establish itself as a leader of the green growth movement. The Ministries in collaboration with business leaders, local governments and sustainability professionals from across the country will help identify and support partnerships in Mexico that offer innovative sustainability solutions. Mexico recognizes P4G as a conclusive next step in uniting organizations, businesses and governments around the world in the pursuit of a sustainable future.
“P4G looks forward to working with the Mexican government, private and civil society sectors to champion innovative partnerships that can drive the new climate economy in Mexico,” said P4G Global Director, Ian de Cruz. “Mexico can play a leading role regionally in adopting clean transport such as electric buses, clean energy and improved building energy efficiency—all of which can create economic, environmental and health benefits for the country.”
To qualify for P4G support, partnerships must include public, private and civil society partners, be focused on projects in one or more developing countries, and offer a commercially viable solution in one or more of the sustainable development goals (SDGs) in food and agriculture, water, energy, cities and circular economy. In 2018, P4G selected 24 partnerships to receive facilitation and/or funding support to advance their projects from nearly 450 applications from over 80 countries.
In addition to facilitation support, those partnerships selected as start-up finalists qualify for up to 100,000 USD in P4G funding while the scale-up finalists will compete for up to USD 1 million in funding. In Mexico, P4G is funding two partnerships:
- The Zero Emission Bus Rapid-deployment Accelerator (ZEBRA) to increase the deployment of electric buses in Mexico City, São Paulo and other cities in Latin America. Replacing diesel buses with electric buses leads to cleaner air and a reduction in carbon emissions that contribute to global warming.
- The Cities Climate Action Project supported by the Building Energy Efficiency Accelerator to support cities in Mexico with their energy efficiency policies and programs.
P4G’s national platforms in partner countries bring together business, government and civil society organizations to collaborate on and help inform public-private partnerships that advance the SDGs. In addition to The Government of Mexico, other P4G partner countries include Chile, Colombia, Denmark, Kenya, Ethiopia, South Korea, The Netherlands and Vietnam. P4G also works with organizational partners C40 Cities, Global Green Growth Institute, International Finance Corporation, UN Global Compact, World Economic Forum and World Resources Institute, which also hosts the P4G Global Hub.
Launched in 2017, P4G – Partnering for Green Growth and the Global Goals 2030 – is a new initiative with the ambition of becoming the world’s leading forum for developing concrete public-private partnerships at scale to deliver on the SDGs and the Paris Climate Agreement.