CAF and the Centro Mario Molina work to improve risk management in the planning of highways in Mexico
Both institutions signed a Non Reimbursable Technical Cooperation Agreement to identify and evaluate the highway infrastructure areas affected by extreme events linked to climate change, and propose risk management and adaptation measures
With the purpose of promoting sustainable and inclusive development in Mexico, CAF, Development Bank of Latin America, and the Centro Mario Molina (CMM), signed a non-reimbursable technical cooperation agreement to analyze the risks for Mexico's highway infrastructure in the face of extreme climate and hydro-meteorological events, and based on this analysis, propose action strategies and specific adaptation and risk management measures".
The subscribed agreement foresees the development of a risk and management and vulnerability analysis in the face of climate change and extreme events for the highway sector in Mexico, specifically for the areas that may be potentially affected by rain or river floods, storm tides, hurricanes and movements to remove landslides, rock falls, and collapses, as well as undermining of bridges and drainage structures, with the objective of proposing action strategies and specific adaptation and risk management measures to prevent disasters and increase the resilience of the highway infrastructure which is repeatedly affected by extreme events that are increasingly frequent and intense, leading to very high costs for the country.
The signature of this agreement included CAF's Director Representative in Mexico, Moira Paz-Estenssoro, and the Executive Director of CMM, Francisco Urbano Barnés, and was carried out at the representation office of the multilateral bank in Mexico City.
The CMM is an independent non-profit civil association with the mission of finding practical solutions to complex problems related to the fight against climate change and the promotion of sustainable development and protection of the environment.
Thus, CAF promotes sustainable and inclusive development in Mexico, financing programs and projects that recognize the characteristics of the sector in each country, and providing specialized support through the transfer of best practices in management and intervention of urban and interurban roads, and strengthening the technical and administrative capacity of the institutions in charge of the execution of road projects to optimize the resources and tend to their efficient conservation.
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