

The International Finance Corporation and Banco Sabadell grant loans to promote sustainable infrastructure in Quintana Roo and Jalisco.
Hotels in the Riviera Maya and Jalisco received credits for 100 million dollars from the International Finance Corporation (IFC) and Banco Sabadell to support the sustainable tourism industry in the face of Covid-19.
Some of the hotels benefited are the Secrets Playa del Carmen, Dreams Riviera Cancun, and Now and Secrets Vallarta complexes, which meet more than 90 percent of the Rainforest Alliance environmental requirements for energy efficiency, water-saving, and emission of greenhouse gases control.
“The tourism industry has been one of the sectors hardest hit by the economic crisis caused by Covid-19 pandemic. It is essential for us to support this sector in these difficult times. This is also the first time that IFC has allocated through financial institutions the entire credit to promote sustainable tourism in Mexico “, said Marcela Ponce, the leader in Climate Finance for IFC in Latin America.
They seek to promote sustainable infrastructure
Originally, the resources disbursed to hotels were announced in 2019, with the aim of driving the development of sustainable infrastructure.
“These loans reinforce the value of what the hotel and tourism sector represent for the country regardless of adversity,” stated Francisco Lira, deputy director-general of C&IB and Banca Empresas de Sabadell.
For IFC, investment in sustainable tourism infrastructure contributes substantially to the development of the countries, which fosters growth in areas such as services, energy, and telecommunications.
In his study Climate Business Opportunities in Cities 2018, it was calculated that the Latin American and Caribbean region represents an investment potential of 4.1 trillion dollars until 2030 in terms of green buildings.
The Yucatan Times
Newsroom
The Yucatan Times
Newsroom
Comments
more recommended stories
2% of the Merida population has been infected with Covid-19
As of today, two percent of.
Mexican economy ended 2020 stronger than first estimated
MEXICO CITY, Feb 25 (Reuters) –.
Temperatures up to 35 degrees this Thursday in Yucatan
No chance of rain MÉRIDA, Yucatan.
Russian Sputnik V vaccine starts to be administered in Mexico
MEXICO CITY (AP) — Mexican authorities.
AMLO says Mexico doing better than the US on virus
MEXICO CITY (AP) — Mexican President.
Emma Coronel facing life in prison and 10 million USD fine
The wife of Mexican drug lord.
AMLO urges US authorities to provide more information on the Emma Coronel case
AMLO declared on Tuesday, Feb. 24th,.
Canine honored for improving the mental health of thousands of people
Max, a Springer Spaniel, became the.
AMLO says the UN is doing nothing to stop vaccine hoarding
The president of Mexico, Andrés Manuel.
Governor inaugurates the Academic Laboratories for Innovation 4.0 at the UTM
Together with the mayor of Mérida,.
Leave a Comment