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Protected Agriculture in Mexico Background Paper Climate Bonds Standard Timeline of Development: September 2018: Public Consultation May 2019: Criteria Launch News: Climate Bonds & IDB launch Protected Agriculture Criteria: FIRA from Mexico first to Certify: New" /> <meta name="generator" content="Drupal 7 (http://drupal.org)" /> <link rel="canonical" href="https://www.climatebonds.net/standard/protected-agriculture" /> <link rel="shortlink" href="https://www.climatebonds.net/node/34795" /> <meta property="og:site_name" content="Climate Bonds Initiative" /> <meta property="og:title" content="Protected Agriculture in Mexico" /> <meta property="og:description" content="Resources: 1. Protected Agriculture in Mexico Criteria Brochure 2. Protected Agriculture in Mexico Criteria 3. Protected Agriculture in Mexico Background Paper Climate Bonds Standard Timeline of Development: September 2018: Public Consultation May 2019: Criteria Launch News: Climate Bonds & IDB launch Protected Agriculture Criteria: FIRA from Mexico first to Certify: New Opportunities for Greener Greenhouses Status: The Protected Agriculture Criteria in Mexico is available for use in certifications." /> <meta property="og:updated_time" content="2023-04-11T14:51:28+01:00" /> <meta property="og:image" content="https://www.climatebonds.net/sites/all/themes/climatebonds/images/og-image.jpg" /> <meta property="og:image:url" content="https://www.climatebonds.net/sites/all/themes/climatebonds/images/og-image.jpg" /> <meta property="og:image:secure_url" content="https://www.climatebonds.net/sites/all/themes/climatebonds/images/og-image.jpg" /> <meta property="og:image:type" content="image/jpeg" /> <meta property="og:image:width" content="1045" /> <meta property="og:image:height" content="600" /> <meta 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</ol> <a id="main-content"></a> <h1 class="page-header">Protected Agriculture in Mexico</h1> <div class="region region-content"> <section id="block-system-main" class="block block-system clearfix"> <article id="node-34795" class="node node-page clearfix"> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p><strong><img alt="" class="img-responsive" src="https://www.climatebonds.net/files/images/standards/bn-protected-agriculture.jpg" style="width: 900px; height: 297px;" /></strong></p> <div style="box-sizing: border-box; font-family: Tahoma, Arial, sans-serif; font-size: 14px; background-color: rgb(216, 216, 216); width: 300px; float: right; margin-left: 10px; margin-right: 10px; padding: 8px;"> <p style="box-sizing: border-box; margin: 0px 0px 10px;"><span style="font-size:14px;"><span style="font-weight: 700;">Resources:</span></span></p> <p style="box-sizing: border-box; margin: 0px 0px 10px;"><span style="font-family: Tahoma, Arial, sans-serif; font-size: 14px; background-color: rgb(216, 216, 216);">1. </span><a href="https://www.climatebonds.net/files/files/standards/Land%20use/Protected%20Agri/Criteria%20Summary%20Prot%20Agri_May2019.pdf" style="font-size: 14px;">Protected Agriculture in Mexico Criteria Brochure</a></p> <p style="box-sizing: border-box; margin: 0px 0px 10px;">2. <span style="font-family: Tahoma, Arial, sans-serif; font-size: 14px; background-color: rgb(216, 216, 216);"><a href="https://www.climatebonds.net/files/files/standards/protected-agriculture/protected-agriculture-criteria-mexico-20190520.pdf">Protected Agriculture in Mexico Criteria</a></span><span style="font-family: Tahoma, Arial, sans-serif; font-size: 14px; background-color: rgb(216, 216, 216);"> </span></p> <p style="box-sizing: border-box; margin: 0px 0px 10px;"><span style="font-family: Tahoma, Arial, sans-serif; font-size: 14px; background-color: rgb(216, 216, 216);">3. <a href="https://www.climatebonds.net/files/files/standards/protected-agriculture/protected-agriculture-background-paper-mexico.pdf">Protected Agriculture in Mexico Background Paper</a></span> </p> <p style="box-sizing: border-box; margin: 0px 0px 10px;"> </p> <p style="box-sizing: border-box; margin: 0px 0px 10px;"><a href="https://www.climatebonds.net/climate-bonds-standard-v3">Climate Bonds Standard</a> </p> <p style="box-sizing: border-box; margin: 0px 0px 10px;"> </p> <p style="box-sizing: border-box; margin: 0px 0px 10px;"><span style="font-size:14px;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box; font-weight: 700;"><span style="box-sizing: border-box;">Timeline of Development:</span></span></span></span></p> <p style="box-sizing: border-box; margin: 0px 0px 10px;">September 2018: Public Consultation<br /> May 2019: Criteria Launch</p> <div style="box-sizing: border-box; margin: 0px 0px 10px;"> </div> <div style="box-sizing: border-box; margin: 0px 0px 10px;"><span style="font-size:14px;"><strong>News:</strong></span></div> <div style="box-sizing: border-box; margin: 0px 0px 10px;"><a href="https://www.climatebonds.net/2019/05/climate-bonds-idb-launch-protected-agriculture-criteria-fira-mexico-first-certify-new">Climate Bonds & IDB launch Protected Agriculture Criteria: FIRA from Mexico first to Certify: New Opportunities for Greener Greenhouses</a></div> </div> <h3><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;"><strong style="box-sizing: border-box; font-size: 14px; text-align: justify;">Status:</strong><span style="box-sizing: border-box; text-align: justify;"> The Protected Agriculture Criteria in Mexico is available for use in certifications. Get in contact with </span><a data-extlink="" href="mailto:certification@climatebonds.net" style="box-sizing: border-box; color: rgb(52, 103, 164); text-decoration-line: none; font-size: 14px; text-align: justify;">certification@climatebonds.net<span class="mailto" style="box-sizing: border-box; background: url("../images/extlink_s.png") -20px center no-repeat; width: 10px; height: 10px; padding-right: 12px;"><span class="element-invisible" style="box-sizing: border-box; clip: rect(1px, 1px, 1px, 1px); overflow: hidden; height: 1px; position: absolute !important; margin: 0px; padding: 0px; width: 1px;">(link sends e-mail)</span></span></a><span style="text-align: justify;"> to start the certification process of your protected agriculture green bond in Mexico. </span></span></span></h3> <h3><span style="box-sizing: border-box; font-size: 14px; font-family: arial, helvetica, sans-serif;">Bonds and loans linked to these eligible assets and projects will be aligned with the Paris Agreement 1.5</span><span style="box-sizing: border-box; font-size: 14px; text-align: justify; font-family: arial, helvetica, sans-serif;"><span style="box-sizing: border-box; position: relative; font-size: 10.5px; line-height: 0; vertical-align: baseline; top: -0.5em;">o</span>C limit.</span></h3> <h3> </h3> <h3><strong style="font-family: arial, helvetica, sans-serif; font-size: 14px;">What are the the Protected Agriculture Criteria? </strong></h3> <p><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">These Criteria lay out the requirements that protected agriculture assets and projects must meet in order to be eligible for Climate Bonds Certification. The bond must also meet the overarching Climate Bonds Standard.</span></span></p> <p><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">The Protected Agriculture Criteria covers facilities including: PVC film or glass greenhouses, systems for closure and/or isolation, precision fertilizer and other chemical use, non-soil substrates as well as dedicated infrastructure and support facilities such as computer and sensor controlled air and light control systems.</span></span></p> <h3><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;"><strong>Development of the Protected Agriculture Criteria </strong></span></span></h3> <p><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">The Protected Agriculture Criteria was developed with a specific focus on Mexico, continuing the work on various Criteria under Land Use including forestry, land conservation and restoration, and griculture. To create the Criteria, a peer reviewed process was been established, which assessd the scientific and financial feasibilty of the proposed Criteria. </span></span></p> <p><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Since these criteria were developed for Mexico, it had been hoped that they could be edited in order to be applied globally. Initial investigations concluded that this would not be a straightforward task largely because of the differing (and often extensive) use of energy in some geographies. No further work is currently planned therefore for protected agriculture. </span></span></p> <h3><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;"><strong>Why Mexico?</strong></span></span></h3> <p><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Mexico has seen dramatic growth and geographic expansion in the use of protected agriculture with greenhouse-based production rising from 790 hectares in 2000 to over 23,000 hectares in 2015, representing a compounded 25% annual growth rate over this period. Future growth in protected agriculture in Mexico will be influenced by the demand in the US market (the destination for an estimated 80% of greenhouse-based production) as well as the trade policy context.</span></span></p> <h3><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;"><strong>Public Consultation</strong></span></span></h3> <p><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">The public consultation process for this Criteria was held between 3 September 2018 and 3 October 2018.</span></span></p> <h3><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;"><strong>Protected Agriculture Criteria Technical Reviewers </strong></span></span></h3> <ul><li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Dr. Christine Negra, Versant Vision LLC</span></span></li> <li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Lawrence Pratt, INCAE</span></span></li> <li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Juan Manuel Ortega</span></span></li> <li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Peter Chege, Hydroponics Kenya</span></span></li> <li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Rama Chandra Reddy, World Bank Group</span></span></li> <li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Will Nicholson, Food Climate and Research network</span></span></li> <li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Henrik Selin, Boston University</span></span></li> <li><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Salvador Gonzales</span></span></li> </ul><p> </p> <p><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">Disclaimer: </span></span></p> <p style="line-height:90%;margin-top:4pt;margin-bottom:0pt;margin-left:0in;text-indent:0in;direction:ltr;unicode-bidi:embed;word-break:normal"><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">"The Climate Bonds Standard Board operates legally as an advisory committee of the Climate Bonds Initiative Board and oversees the development of the Climate Bonds Standard. 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