Tenders Are Invited For Development And Socialization Of The Technical Elements For The Biodiversity Objective Of The Mexican Sustainable Taxonomy

Tenders are invited for Development and Socialization of the Technical Elements for the Biodiversity Objective of the Mexican Sustainable Taxonomy. Global Green Growth Institute in Mexico invites all eligible firms to submit their proposals for consulting services for the Development and Socialization of the Technical Elements for the Biodiversity Objective of the Mexican Sustainable Taxonomy. ABOUT GGGI: The Global Green Growth Institute (GGGI) was established as an intergovernmental organization with the objective of promoting sustainable development of developing and emerging countries. GGGI is dedicated to supporting the creation and promotion of the model of growth known as green growth. The green growth model integrates economic growth, environmental sustainability, poverty reduction and social inclusion. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. The organization partners with countries, multilateral institutions, government bodies, and private sector to help build economies that grow strongly and are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change. PROJECT OBJECTIVES AND BACKGROUND: Throughout the development of the Sustainable Finance Mobilization Strategy (EMFS, as per acronym in Spanish), several key milestones have been achieved. An example of this is the development and publication of the Sustainable Taxonomy of Mexico (TSM, per its acronym in Spanish), released by the Ministry of Finance and Public Credit (SHCP) in March 2023. The TSM serves as a classification system which aims to identify sustainable products and services from the financial and real-asset sectors. Its primary objective is to establish clear criteria and thresholds to determine whether a project meets sustainability standards while ensuring compliance with the principles of Do No Significant Harm, minimum safeguards and addressing gender gaps. The first stage of the TSM focuses on three main objectives: 1) Climate change mitigation, 2) Climate change adaptation, and 3) Gender equality. Sustainable assets will generate impact investment on climate change on 124 activities from six main economic sectors (agriculture, forestry and livestock; energy and water generation, transport and distribution; manufacturing; construction; transport and waste management). Moreover, the objective of gender equality is cross-cutting to all sectors of the economy and will direct funding toward projects that help close gender gaps. According to this classification system, financial institutions and project developers are expected to implement the TSM to label their sustainable investments and projects accordingly. Tender Link : https://in-tendhost.co.uk/gggi/aspx/Tenders/Current

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Global Tender Document	Tender Notice