Mexico Targets Greater Cuts in Emissions, Expansion in Renewables

The COP27 is motivating governments across the world to declare higher environmental goals; most of the time accompanied by expansion in renewables to decarbonise their economies. In a fresh case, Mexico has announced that it will raise its target for cutting greenhouse gas (GHG) emissions and also provide much boost to the rollout of renewable energy.

For years, in the times of global dash for renewable energy, Mexico remained a weak player on climate action. Now its Foreign Minister Marcelo Ebrard has announced that Mexico will have the objective to reduce emissions by 35 per cent compared to doing nothing by 2030.

Two years ago, Mexico had made an unconditional pledge to cut about 22% of its emissions. But the travesty that remains with the North American country is that it doesn’t define cuts in relation to any specific baseline year. Rather, it compares the project under a “business as usual” scenario.

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Ebrard mentioned that Mexico will double its investments in clean energy in the coming eight years to achieve this goal. This plan will be further fortified with expansion in the protected forest areas, increase the adoption of electric cars in the country and reduce methane emissions from the natural gas industry.

The announcement of the new target was made by the Foreign Minister alongside John Kerry, the US climate Envoy, on the sidelines of COP 27- the UNFCCC climate talks being held in Sharm El Sheikh in Egypt.

John Kerry said, “This is a huge, significant shift from where Mexico was last year in Glasgow.” Kerry added that the new target by Mexico was the culmination of lengthy bilateral work. He also said that the Latin American country has extraordinary availability of sun and extraordinary availability of wind power. He went on to say that ending gas production flaring would help the country save an estimated $1.7 billion dollars.

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Of late, some big RE projects have been announced in Mexico. Ohmium International, which delves in designing, manufacturing, and deployment of PEM Electrolyzers for green hydrogen, will be providing 343 MW of green hydrogen electrolyzers to Tarafert in Mexico.