Mexico Sets Ambitious Climate Goals

Alicia Bárcena, Mexico’s Minister of Environment and Natural Resources, spoke at the Forum on Sustainable Development and Climate Change Proposals for Mexico 2018-2024, emphasizing Mexico’s climate action priorities ahead of the 29th UN Climate Change Conference (COP29). 

Bárcena highlighted Mexico’s updated climate goals, aiming to reduce greenhouse gas emissions by more than 35% by 2030 and achieve carbon neutrality. The government’s renewed commitment includes a near-total reduction in coal use, now reduced by approximately 79%, and plans to reactivate Mexico’s Inter-Ministerial Climate Change Commission to refine the country’s Nationally Determined Contributions (NDCs) and develop a comprehensive adaptation plan.

Mexico’s updated climate approach also addresses fossil fuel reduction and promotes a transition toward renewable energy. Bárcena noted the importance of taking a thorough approach to water scarcity and forest conservation, emphasizing that a more precise deforestation assessment is required to guide policy.

At COP29, Bárcena said, Mexico will advocate for a revised climate finance target. Developed countries pledged four years ago to mobilize US$100 billion annually to support developing nations but have yet to meet this goal. Bárcena stressed the need for enhanced financing based on the principle of common but differentiated responsibilities, calling for greater support from developed countries.

The agenda also includes clarifying emissions trading rules, reinforcing mitigation efforts, and updating NDCs. Mexico will also push for energy transition toward renewables and further adoption of electromobility.