Puerto Vallarta News

Puerto Vallarta News

mexico climate accord

Mexico falls 92% short on commitments under Climate Accord

Mexico has invested just 8 percent of the capital to mitigate climate change that the country committed to in the 2016 Paris Agreement, according to data from the official National Institute of Ecology and Climate Change (INECC), which EFE was granted access to.

According to the INECC, the capital required to implement mitigation and adaptation initiatives from 2014-2030 is $126 billion - nearly $8 billion per year - though only $10.15 billion has been invested so far.

In 2017, Mexico invested $2.4 billion, less than a third of what was required.

Sandra Guzman, head of the Climate Finance Group . . .

Read Full Story

Related Posts

Playa del Carmen rentals

Playa del Carmen rentals under tighter safety checks

Playa del Carmen rentals face mandatory gas inspections, occupancy limits and safety checks as a...
Mexico economic growth

Mexico economic growth stalls while prices and rates bite

IMEF president Gabriela Gutiérrez says Mexico economic growth is now almost negative, stoking concern about...
Los Cabos gas pipeline

Los Cabos gas pipeline shrouded in risky secrecy now

As the Los Cabos gas pipeline seeks approval, officials keep route maps and risk data...
Cancun supermarket fire

Shoppers flee during Cancun supermarket fire scare

Shoppers and staff were evacuated in the Cancun supermarket fire on Kabah Avenue after smoke...