MEXICO: EMISSIONS TRADING SYSTEM MARKET EXERCISE – PHASE 0
- Date: Tuesday, November 1st
- Time: 9:00 a 10:30 am (CST, time in Costa Rica)
Ana Maria Majano. Coordinator of LEDS LAC Secretariat. Tropical Agricultural Research and Higher Education Center (CATIE).
Eduardo Piquero. Director, MÉXICO2
Climate commitments and mitigation strategy of Mexico. Victor Escalona. Deputy Director of Mitigation Policy Analysis, Secretariat of Environment and Natural Resources (SEMARNAT).
Market Exercise of an Emissions Trading System in Mexico: basic principles. Felipe de Leon Denegri.Consultant, MÉXICO2
About the webinar
Within the framework of the Paris Agreement, Mexico pledged to cut 22% of its greenhouse gas emissions (GHG) by 2030. Both the General Climate Change Law and the Energy Transition Act refer to the need to control GHG emissions through market mechanisms.
Emissions trading systems are important instruments for countries to achieve their national and international commitments on emissions reduction. To date, 55 jurisdictions, which together account for 40% of global GDP, have emissions trading systems, among which are: cities like California, and countries such as China, South Korea, New Zealand, Switzerland and the European Union. Most of these trading systems began with pilot phases to guide the participating companies on their operation and identify areas of opportunity that lead to the improvement of its processes and reducing emissions in a cost efficient way.
This webinar will present the policy framework and the basic principles of the Market Exercise for Emissions Trading System, to be launched jointly SEMARNAT and the MÉXICO2 Platform, with the purpose of building capacities in companies with a view to establishing a system of emissions trading in Mexico.
The webinar will be held in Spanish. If you have any questions about this event, please contact LEDS LAC Platform, at firstname.lastname@example.org.