Mexico uses qualitative and causal-link approaches to study the impact of climate policies on the environmental footprint and productivity of different industries.
The aim is for the analysis to help devise strategies to ensure sustainable economic growth. Data availability and accuracy are still major challenges to be addressed.
- Medium- and long-term economic planning in Mexico aim for sustainable economic growth, a reduction in social disparities, and mitigation of the effects of climate change
- Qualitative and causal-link approaches are leveraged to identify suitable policies to these ends.
- Transition-related issues are among the key challenges for state-owned enterprises, especially considering their link to fiscal revenues. The chemical sector, for instance, needs to square high technology adoption costs with innovation and climate gains against a backdrop of a highly interconnected industry. In the hydropower sector, obstacles include simultaneously managing water resources and addressing environmental concerns.
- Poor data availability and accuracy are current impediments to policy implementation.
Challenges to policy implementation are due to a lack of indicators and metrics to monitor resources such as water and minerals, and to institutional barriers, such as resistance to change in established industries and capitalintensive investment in new technologies. Next steps include an effort to improve data collection and analysis, the regulatory environment, and public-private cooperation on sustainable development goals.
Keywords
datagreen growthsectoral impactsstate-owned enterprisestransition
