The Government of Mexico, through the Ministry of Finance and Public Credit (SHCP) has presented the “Sustainable Taxonomy of Mexico”, a financial public policy tool that aims to promote investment in economic activities that reduce social gaps and protect the environment in the country.

It is the first taxonomy in the world to consider social objectives in its design, defining gender equality as a priority objective. The national reference framework has 124 activities distributed in six economic sectors (Agriculture, Energy, Manufacturing, Transportation, Construction, Waste Management), through which it seeks to meet its mitigation and adaptation to climate change objectives.

Preliminary analysis estimates that to meet the Sustainable Development Goals from 2022 to 2030, Mexico needs annual financing between 74 and 92 billion dollars, which is equivalent to mobilizing between 6.8% and 8% of its Gross Domestic Product (GDP).