The European Investment Bank (EIB) and one of Mexico’s state-controlled development banks, Nacional Financiera (Nafin), signed a memorandum of understanding (MOU) to bolster technical co-operation and discuss financing lines for renewables and other programmes in the country’s climate change goals.
“EIB and NAFIN are co-operating to potentially set up a credit line aimed at supporting projects combatting the effects of climate change, in particular renewable energy projects in Mexico, such as photovoltaic plants and wind farms,” EIB said in a statement.
