This working paper identifies and evaluates the key climate and energy policy options available to Mexico to support the implementation of its INDC. We propose an eight point action plan that has the potential to put Mexico on a path toward achieving its INDC targets, while at the same time improving economic competitiveness, energy security, and the health and well-being of its people.

Key Findings

Mexico can meet its announced unconditional GHG emission reduction target with 19 climate and energy policies, while at the same time achieving a net savings in expenditures of over 500 billion pesos (about 2 percent of 2015 GDP) cumulatively through 2030. By significantly enhancing existing policies, and implementing two additional policies, Mexico can reach its conditional emission reduction target, while still achieving cost savings.