Mexico committed before the United Nations Framework Convention on Climate Change (UNFCCC) to reduce greenhouse gases and compounds emissions by 25% in 2020-2030, in accordance with the General Law on Climate Change. Despite having... more
Mexico committed before the United Nations Framework Convention on Climate Change (UNFCCC) to reduce greenhouse gases and compounds emissions by 25% in 2020-2030, in accordance with the General Law on Climate Change. Despite having different policy instruments, carbon pricing has failed to be the key element.
The objective of this study is to determine whether the Federal Government has the economic and technological tools that contribute to the fulfillment of the commitments acquired when ratifying the Paris Agreement. Particularly, in the creation of an emissions trading system (specifically a carbon market).
The answers found show that global emissions continue to increase and the combination of policies that prevent such increase are not being achieve.
It is recommend that the Federal Executive, through the Inter-Secretariat Commission on Climate Change, intensify its efforts to improve the tools currently available. In addition, to consider the creation of a support group for economic transition, since the restrictions imposed by the Organic Law prevents this process from being carry it out by each dependency.
The objective of this study is to determine whether the Federal Government has the economic and technological tools that contribute to the fulfillment of the commitments acquired when ratifying the Paris Agreement. Particularly, in the creation of an emissions trading system (specifically a carbon market).
The answers found show that global emissions continue to increase and the combination of policies that prevent such increase are not being achieve.
It is recommend that the Federal Executive, through the Inter-Secretariat Commission on Climate Change, intensify its efforts to improve the tools currently available. In addition, to consider the creation of a support group for economic transition, since the restrictions imposed by the Organic Law prevents this process from being carry it out by each dependency.
