Driving Sustainable Development in Mexico
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Driving Sustainable Development in Mexico

Photo by:   Pixabay, Vladimír Ješko
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Eliza Galeana By Eliza Galeana | Junior Journalist & Industry Analyst - Wed, 01/17/2024 - 11:22

Claudia Sheinbaum emphasized that foreign investment must boost sustainable development and societal well-being for the population. Meanwhile, Mexico City’s government will convert the city’s Zocalo main square into a pedestrian-exclusive area. 

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Sheinbaum's Vision: Mexico’s Sustainable Future

During the annual meeting of the members of the American Society of Mexico, Claudia Sheinbaum, MORENA’s presidential candidate, emphasized the need for foreign investment to catalyze sustainable development and societal well-being in Mexico. Furthermore, the politician pointed out that key issues like nearshoring and energy transition will play a pivotal role in attracting new investments to the country. She emphasized that this investment should, in turn, guarantee sustainability and create better opportunities for Mexican workers. 

Mexico City’s Main Square Declared Pedestrian-Only

Mexico City’s government has announced plans to transform the city’s main square into a pedestrian-exclusive area. The shift is part of the MX$50 million (US$2.9 million) Camina tu Zocalo project, which also considers the installation of urban furniture, vegetation, and lighting. The initiative aims to ensure citizens' right to access public space in one of the world's most densely populated cities.

Mexico, United States to Tackle Sewage Problems in Cali-Baja 

The governments of Mexico and the United States plan to rehabilitate the San Antonio de los Buenos Treatment Plant, located in Tijuana. This initiative aims to alleviate long-standing sewage issues in the California-Baja California (Cali-Baja) region. Specialists noted that the project will represent the largest and most advanced of its kind in Baja California, and one of the most modern facilities throughout Mexico in terms of functionality and infrastructure. 

Climate Change Tops Global Crisis Risks in 2024: WEF

The World Economic Forum’s (WEF) annual Global Risk Report revealed that climate change is seen as the leading threat for a potential global crisis in 2024, raising critical alarms about the immediate risks to our planet. The report underscores the challenge of varying perceptions among different age groups and sectors, emphasizing the potential difficulty in timely intervention. Additionally, WEF also identified AI-generated misinformation as an immediate global threat, especially concerning upcoming elections.

Building Mexico’s Future: Sustainable Construction in 2024

The second edition of the "Building the Future – A Call to Action" Forum, will feature the participation of national and international experts in sustainable construction. Organized by SUMe in collaboration with Saint-Gobain and Green Business Certification, the forum aims to explore resilient architecture and biodiversity in real estate, with a focus on enhancing Mexico's sustainable construction market. Objectives include knowledge exchange, accelerating decarbonization, fostering strategic alliances, and addressing the global climate emergency. 

Social Responsibility and Environmental Leadership: Bepensa

The Mexican business conglomerate Bepensa managed to solidify its position as a socially responsible enterprise in 2023. In the realm of environmental stewardship, the company managed to recover over 400,000kg of PET through initiatives like “ReQPET.” Regarding social development, projects like Actívate+ promoted well-being, offering scholarships and donating MX$5 million to various causes. Bepensa also stood out in corporate reputation, recognized as one of the Best Places to Work for Women. 

CEMEX to Emit Green Bonds in February

CEMEX plans to raise MX$4.5 million (US$265 million) through the reopening of two bonds initially listed on the Mexican Stock Exchange (BMV) in October 2023. The company's objective is to allocate a minimum of 85% of its debt to sustainability goals by 2030. This aligns with CEMEX's dedication to environmental and social responsibility, encompassing initiatives such as the reduction of CO₂ emissions in its productive processes and enhancements to the life cycle of its products.

 

Photo by:   Pixabay, Vladimír Ješko

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