GEF Launches iCOAST in Mexico as Climate Alliance Advances

This week in sustainability: CAMIMEX has committed to reducing Mexico’s mining sector GHG emissions by 40% by 2030 through the adoption of Canada’s Towards Sustainable Mining (TSM) standard. Meanwhile, the Global Environment Facility (GEF) approved the iCOAST project in Mexico, an initiative designed to protect coastal ecosystems, strengthen local communities, and promote a sustainable tourism model. Mexico por el Clima and Nat5 also announced a strategic alliance to co-produce the upcoming Semana de Acción 2026.

More news below:

CAMIMEX Sets 40% Emissions Cut With TSM Standard

CAMIMEX has committed to reducing Mexico's mining sector GHG emissions by 40% by 2030 through the adoption of the TSM standard, a Canadian framework requiring facility-level reporting and third-party audits every three years. The target spans 97 open-pit mines and 152 underground operations, with renewable energy use set to rise from 36% to 44%, responding to mounting pressure from institutional investors demanding verifiable ESG benchmarks. 

GEF Clears Mexico’s iCOAST Program for Implementation

The Global Environment Facility (GEF) has approved the Integrated Collaborative Approaches for Sustainable Tourism (iCOAST) project in Mexico, an initiative designed to advance actions aimed at protecting coastal ecosystems, strengthening local communities, and promoting a tourism model that generates well-being while preserving the country's natural wealth. The project will be implemented in coastal destinations across the states of Baja California, Baja California Sur, Sonora, Sinaloa, Nayarit, and Jalisco. Planned actions include reducing pollution and waste, promoting more sustainable tourism practices, protecting marine and coastal ecosystems, and strengthening the capacities of communities and tourism stakeholders to address current environmental challenges. 

Aeromexico, Grupo Bimbo Partner on SAF Adoption

Mexico por el Clima and Nat5 announced a strategic alliance to co-produce the upcoming Semana de Acción 2026, a regional platform designed to integrate climate action, nature regeneration, and traceable environmental investment across Latin America and the Caribbean, with Mexico positioned as a central hub for climate innovation. The event will take place Oct. 5–9 at Bosque de Chapultepec in Mexico City and will expand the Nat5 Live Marketplace model into a broader investment and collaboration platform. In its 2025 edition, Semana de Acción brought together more than 4,000 participants, 300 speakers, and 300 organizations across 150 sessions. 

Water Stewardship Critical for Supply Chain Resilience

Water stewardship builds the basin resilience and technological traceability needed for supply chain security, Kilimo’s Andrea Ramos says in conversation with MBN.