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NAMA for sugar mills

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Mexico

Description

Overview
Sector Energy
Focus area
(no data)
Type of action Strategy/Policy
Scope National
Stage Under development
Submitted to UNFCCC registry No
Start of initiative 2017
Financing and support details
Financing status Seeking financing
Total cost EUR 740 mln
Financing requested
(no data)
Financing received to-date
(no data)
Principal source of financing Private
Principal type of financing Grant
Capacity building required Yes
Technology transfer required Yes
Additional information
Proponent(s) Ministry of Energy, Ministry for the Environment and Natural Resources
International funder(s) UK and Germany
Organization providing technical support Danish Energy Agency (DEA) / UNEP DTU Partnership
Contact
(no data)
Objective:

he objective of the NAMA is to improve access of sugar mills to the grid.

Activities: (2017 - 2030)
Currently, despite significant excess bagasse resources that are burnt as waste, only a few sugar mills produce power for the grid. The NAMA, through financial engineering targeted at eliminating the financial grid connection barrier, will first raise the 17 identified potentially viable co-generation investments to 43, while significantly increasing the overall investment probability.

It will help establish a non-profit Grid Operating Facility (GOF) to create an equity base of national and international donors upon which loans are raised to finance grid connection investments. These are made financially viable by combining non-profit grid operation, extended loan maturity for grid investment and grouping of adjacent mills on shared connections.

The United Kingdom and Germany have pre-selected 7 NAMA Support Projects, including this NAMA in Mexico, from the NAMA Facility’s 4th Call. These projects will receive funding by Germany and the UK of up to € 60 million to prepare their preparation development phase. Decisions on funding for implementation will be taken after the assessment of these proposals.

Impact and MRV

pChart

Cumulative GHG reductions: No data available
Mitigative capacity:

No information has been provided on mitigative capacity

Co-benefits:

Social: Information has not been provided
Economic: Information has not been provided
Environmental: Information has not been provided

MRV Framework:
No MRV plan has been defined


References