The program called “National Appropriate Mitigation Actions (NAMA)” will being in existing housing sectors during the course of April, in which micro-financing systems will be backed up -by NAFIN and Fide- to help equip homes of low-income families with photovoltaic panels and solar water heaters.
Through this program, up to 20% of the total cost of the value of environmental technologies will be subsided, with the main objective of reducing greenhouse gases emitted by use of non-renewable energy and, in turn, create savings in household expenses.
The initiative includes the participation of Secretaría de Desarrollo Agrario Territorial y Urbano (Sedatu) -Ministry of Territorial and Urban Agricultural Development- through the National Housing Commission (CONAVI), Nacional Financiera (NAFIN), Escrow for Ahorro de Energía Eléctrica (Fide), who worked back in 2015 in the subsidy of about 125,000 sustainable houses, in which 18,000 tons of carbon dioxide were mitigated. Today, the process is still underway, building 30,000 more homes incorporated to the “Nama” program to eliminate at least 20% of the emitted greenhouse gases.
The Sedatu through Conavi managed to allocate more than $2,000 million dollars for the construction of energy efficient homes, in which $55.5 million dollars have been destined to “Nama”. This project has received a lot of help thanks to the donations of countries like Germany, UK and the IDB to promote the construction of such housing, which amounts to $225 million dollars.