Preparation of an Emissions Trading System (ETS) in Mexico
As of: October 2018
Objective and activities
The project aims at creating the necessary institutional preconditions and technical capacities of both public and private actors for establishing and implementing an Emissions Trading Scheme (ETS) in Mexico. First, scientific analyses and political recommendations, e.g. on sector coverage, emissions thresholds and economic impacts, will inform and support the Mexican decision-making processes. Second, stakeholders (ministries, companies, financial institutions) will be supported through capacity building and stakeholder management processes so that they can assume their roles and responsibilities in the market. Third, international dialogue and exchange with jurisdictions that dispose of an ETS will facilitate learning. At the same time, lessons learnt in the Mexican context will be disseminated at the international level. The project contributes to achieving the Mexican mitigation targets.