ecocasa program final november 2013
TRANSCRIPT
ECOCASA ProgramECOCASA Program
ECOCASA: Low Carbon Housing in MexicoChallenge:• Residential sector being responsible for 17 % of energy consumption in Mexico and
about 4.5% of CO2 emissions, increasing rapidly.• Mexico has made commitments to reduce CO2e emissions to 50% below 2002 by 2050.
Approach:• Boosting housing construction with low carbon footprint through the “Sustainable
Housing Program in Mexico ECOCASA” developed jointly by the Mexican Sociedad Hipotecaria Federal (SHF), the German Development Bank KfW, the Inter-American Development Bank (IDB) and the European Union (LAIF).
• The Program consists of financial incentives and technical assistance to support housing developers with the design and implementation of low carbon houses.
• Additional technical assistance for the support of sector wide reforms.
Expected results:• Financing of up to 27,000 energy-efficient social housing units, in 7 years.• Reduction of more than 1 million tons of CO2e emissions during the life-cycle of the
housing units.
Sample Technologies Used:• Insulation in roof and walls, reflective paint, efficient gas boiler, efficient construction
materials, bioclimatic housing design, solar water heater, energy saving windows.
Cost
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ding Incremental costs of second generation
eco-technologies
ECOCASA
ECOCASA: Financial Incentives and Benefits
• ECOCASA Project developers receive concessional loans through SHF.
• Lower interest cost compensate for the additional costs for energy efficiency measures.
• Selling price of each ECOCASA housing units does not exceed the price of a comparable standard unit, ensuring affordability for low-income families.
SHF receives concessional loans for ECOCASA from the Clean Technology Fund (CTF), the Inter-american Development Bank (IDB) and the German Ministry of Economic Cooperation and Development (BMZ) through KfW. It also receives a grant from the European Union (LAIF).
SHF gives below-market refinancing to financial intermediaries, which pass the benefit to the housing developer, keeping the intermediation margins constant.
ECOCASA: Project Cycle and Operation
1. The housing developer presents a low carbon housing project for ECOCASA financing.2. An independent consultant runs a simulation of the project, considering the energy performance of
the house with the SISEVIVE-ECOCASA tool, developed by INFONAVIT*.3. SHF, IDB and KFW accept or reject the project proposal on the basis of clear eligibility criteria.4. SHF notifies the financial intermediary and assigns the concessional loans to the project.5. The developer with the concessional funds begins construction of the project.
SHF-IDB-KfW define an operational outline to determine the eligibility of the proposed projects in a efficient manner; under 5 stages:
*INFONAVIT, the National Workers’ Housing Fund, It is the largest social mortgage financial institution in Mexico, and a strategic partner in the implementation of the ECOCASA Program
1 2 3 4 5
Developer Evaluation Tool SHF | BID | KFW Financial Intermediary Desarrollador
Project Proposal Project Simulation Approval Construction Loan Begin of Construction
Mortgage Loan
YES
NO
ECOCASA: Expected ResultsDirect Results:• Construction of up to 27,000 energy-efficient social housing units, in 7 years.• Reduction of more than 1 million tons of CO2e emissions during the life-cycle of the
housing units.• Development of bioclimatic design of the houses, taking into consideration the
particular characteristics of each location.• Development of methodologies to assess housing performance, considering the house
and its surroundings.
Long Term Transformative Results:• Establishment of clear and transparent eco-standards to create incentives for
developers to upgrade their project designs and build their capacities.• Showcasing of financial and technological feasibility as well as higher level of comfort of
energy efficient housing leads to higher acceptance and demand for ECOCASAs.• Increase demand for eco-technologies fosters the development of domestic
engineering and production capacity leading to increased availability and falling costs.
Increased demand for eco-
technologies
Lowering the eco-technologies cost
Fostering the development of a “Green” National
Industry
Long Term Sustainability
Establishment of eco-standards
and showcasing of feasibility
ECOCASA: Implementation and Next StepsThere are 3 pilot projects under construction in Monterrey, Pachuca and Tula with a total of 1,221 ECOCASAs.
Amount DisbursedActions: 1,221
Amount: $13.65 million
Amount CommittedActions: 10,245
Amount: $156.85 million
Registered Projects 2013Actions: 11,466
Amount: $170.5 million
Program Target
Actions:27,600
Amount:$476 million
Inver Martin
ECOCASA ProgramECOCASA ProgramMore information:Claudio Alatorre: [email protected] Ingrid Hahn: [email protected] Jesús Cano Vélez: [email protected]
Press contact: Agustin Caceres: [email protected] Felicitas Birckenbach: [email protected] Shalita: [email protected] Estefany López: [email protected]
USD Million
The Problem:
Housing sector represents 17% of total energy usage and 4.9% of CO2 emissions in Mexico
Program Objective:
• Reduction of greenhouse emissions from the housing sector.
• Improvement of living conditions for low income families.
Expected results
• 26,000 sustainable houses for 2020 (houses with greenhouse gas emission reductions from at least 20%)
• 600 passive houses (reductions from 70% to 90% from CO2e)
• 1,700 Green Mortgages
• Expected Mitigations Impact: 1 million tCO2e
• Improvement of comfort for households (20-25 ˚C average)
105.55 Financing for housing developers
49.5 Financing for housing developers
2.1 Technical Assistance
50 Ordinary Capital for Green Mortgages
9.3 Subsidy for Passive Houses
13.3*Financial Cooperation for
a sector wide NAMA implementation
ECOCASA is supported with concessional loans and grants from the following partner institutions :
ECOCASA: Program Structure and Financing
* In approval phase
Backup
ECOCASA: Technical Assistance / Capacity Building
• ECOCASA receives non refundable TA resources for the following purposes:Knowledge management and generation activities
Technical studies on the GHG emission factor of water in Mexico. Determination of the carbon footprint of new housing linked to transport needs. Communication and Diffusion Activities (website, videos, events). Improvement of the Simulation Capabilities (SiseVive and Climate Change models).
Capacity Building: Sector wide capacity building for developers in energy efficiency standards. Users manual and training for neighborhood associations in the correct use and the
maintenance of eco-technologies. Link to Municipal and State Policies.
Monitoring, Reporting and Verification: A basic and detailed Monitoring, Reporting and Verification (MRV*) system to
measure the performance of the energy efficient appliances in the houses, aligned to the Mexican Sustainable Housing.
* MRV as defined in the NAMA
Backup
ECOCASA: Sample Project SimulationBackup
ECOCASA: Pilot Project PachucaBackup
ECOCASA: Pilot Project MonterreyBackup