Supporting Canning House in 2021
- Canning House
In 2021, Canning House asks for your support to help us maintain our events programme, and allow us to continue building understanding and relationships between the UK and Latin America.
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.
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.
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