'Sustainable Finance in Mexico' Event

On Tuesday 20th March, Canning House was delighted to welcome representatives from climate change think-tank E3G and the Mexican Secretariat of Energy (SENER) to discuss sustainable finance initiatives in Mexico as part of the country's transition to a low carbon economy.

Cristina Cortes, Andrea Paniagua Borrego and Nelson Mojarro

Andrea Paniagua Borrego, Senior Policy Advisor at E3G, presented a report recently produced by the think-tank which puts forward a proposal for the creation of a green investment agency in Mexico. Such an agency would build on the groundwork laid by Mexico's climate change law and accelerate its transition to a low carbon economy by providing a more coordinated approach and wider pool of resources. 2018 is a particularly timely year to be discussing such a project, as Mexico will both be updating its climate targets, and electing a new president before the end of the year.

Nelson Mojarro, SENER representative to the EU, gave an overview of where Mexico stands in its transition to a low-carbon future. Estimated population growth and urbanisation trends highlight the need for a strategy that will take into account a shift in demand in services such as housing, transportation and energy. It was emphasised that Mexico is particularly forward-looking where green legislation is concerned; it was one of the first countries in the world to implement a Climate Change Law, as well as an Energy Transition Law, with changes implemented not only in legal framework but also at the constitutional level.

The Q&A was chaired by Cristina Cortes, Canning House COO. Questions from the audience touched upon a variety of subjects, including the potential impact of the presidential elections on Mexico's climate policy, and the ways in which the UK could collaborate with Mexico in its transition to a green economy.

Share This News

Share this news on social media using the buttons below.

More Recent Articles

Becoming a member at Canning House

By joining Canning House, you will become part of the UK's leading forum for informed comment, contacts and debate on Latin American politics, economics and business.

Just £50 per year.

Join now

Learn more

Sign up to our newsletter

All of Canning House's activities, including our upcoming events, insightful publications, latest news, and featured events from the UK-Latin America community.

In your inbox, every week, for free.