During its participation in the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), Mexico pledged to eliminate the burning of oil and gas.
Foreign Secretary Marcelo Ebrard and U.S. Special Presidential Envoy John Kerry affirmed efforts to limit global warming to 1.5 degrees Celsius.
They also highlighted their commitment to take action in this decade and achieve net zero greenhouse emissions by 2050 in their respective economies.
📄Mexico announces new commitments against climate change in the framework of COP27.https://t.co/3vOmc80cRH pic.twitter.com/NdeMUBDz8s
— Foreign Affairs (@SRE_mx) November 14, 2022
Read: Continuing to embrace coal or failing to comply on climate change: Mexico’s challenge before COP27
Mexico agreements during COP27
Among the agreements announced, Mexico stressed that, together with Petróleos Mexicanos (Pemex) is the agreement to eliminate routine burning and venting in oil and gas operations.
“This is supported by an implementation and investment plan of close to 2 billion dollars, and a shared goal of achieving that by 2030, 50% of sales are zero-emission vehicles,” it details in a statement.
In addition, the Government of Mexico announced its intention to deploy more than 30 additional gigawatts of combined wind, solar, geothermal and hydroelectric capacity by 2030, thus reaching a production of more than 40 gigawatts of wind and solar energy combined.
Photo: SRE
Regarding Mexico’s commitments in renewable energies, a goal of reducing emissions by 35% from normal levels by 2030 is included.
Finally, it was mentioned that the Government of Mexico presented a preliminary investment plan to implement the use of renewable energy that details up to 48 billion dollars in investments.
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