Financing Climate Adaptation: Mexico's Unique Sustainable Taxonomy Approach

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Explore how Mexico is mobilizing financing for climate adaptation through innovative policy instruments and a sustainable taxonomy framework. Learn about the country's National Adaptation Plans (NAPs) and Nationally Determined Contributions (NDCs) strategy, involving the Ministry of Finance and Public Credit, to address climate vulnerabilities and promote socio-economic resilience. Discover the impact of the General Law of Climate Change, the Paris Agreement, and the Sustainable Taxonomy on shaping Mexico's approach to climate finance and adaptation. Join Alejandro Camacho, Director of Sustainable Financing, for insights on the country's pioneering efforts in combating climate change.

  • Climate Adaptation
  • Sustainable Finance
  • Mexico
  • Policy Instruments
  • Climate Resilience

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  1. Adaptation Financing through NAPs and NDCs: Mexico Experience THURSDAY, JULY 6, 2023, 9:00AM-10:30AM, EDT Alejandro Camacho, Director of Sustainable Financing, Ministry of Finance and Public Credit

  2. The Ministry of Finance is working on developing policy instruments to mobilize financing for Adaptation Policy Instruments from the Ministry of Finance National level The General Law of Climate Change (2012) The Inter-Ministerial Commission on Climate Change (Adaptation Working Group) The Paris Agreement (NDC: mitigation and adaptation) Strategy Finance Public Budget: Cross-cutting annex on climate change (adaptation mitigation and adaptation) Sustainable Taxonomy for the Mobilization of Climate vulnerabilities Financing Socioeconomic gap

  3. The Sustainable Taxonomy is unique at a global level and the first one to incorporate social objectives ECONOMIC SECTORS Mitigation Gender equality 1 3 Agriculture and forestry Energy and water Manufacture Transport Adaptation 2 Cross-cutting across all sectors of the economy Construction Waste management Gender Equality Index Catalogue 124 activities

  4. Thank you Taxonomia_sost@hacienda.gob.mx https://www.gob.mx/shcp/documentos/taxonom ia-sostenible-de-mexico?state=published

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