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 Editorials | Environmental | May 2008 
Mexican Government Receives Over $500 Million USD to Support Climate Change Strategy
 Presidencia de la República
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| | President Felipe Calderón | | |
Mexico City - The Mexican Presidency reported that President Felipe Calderón met with World Bank President, Robert B. Zoellick, at the Official Los Pinos Residence.
During the meeting, the Mexican president and President Robert B. Zoellick discussed the technical assistance and financing of $501.25 million USD the Mexican government will receive from the World Bank to support the National Climate Change Strategy, announced by President Felipe Calderón last May.
At the meeting, Mr. Zoellick stressed the importance the World Bank places on the National Climate Change Strategy, since it constitutes a clear effort by the Mexican government to incorporate environmental protection and defense into public policies. He added that this program is the first of its kind to be supported by the World Bank, which implies the acknowledgement of Mexico as a leader in environmental issues and as a country committed to sustainable development.
For his part, the Mexican leader stated that joint projects between Mexico and the World Bank will improve the bases for drawing up public policies that will guarantee the country’s natural heritage without halting economic progress. He also recalled the fact that climate change is a global challenge that requires integral solutions, constructed from a forward-looking perspective of responsibility.
Each year, the Mexican government obtains loans from the World Bank, as part of the bilateral working agenda between Mexico and this multilateral organization in order to obtain financing at competitive rates for strategic projects that will promote Mexico's social and economic development. |
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