On November 26, 2013, the Mexican Stock Exchange (Bolsa Mexicana de Valores, or BMV) inaugurated an independent platform for trading carbon credits. The trading forum, called MEXICO2, joins the global community of voluntary carbon markets, rather than compliance markets. Development of the platform was partially financed by the British Embassy in Mexico and carried out in collaboration with agencies including the United Nations Environment Programme and Mexico Environment Ministry (Semarnat), among others.
As Mexico’s year-long presidency of the 16th edition of the United Nations Conference on Climate Change (COP16) drew to a close, ProMéxico hosted the Green Solutions conference and exposition November 23 – 25, 2011 in Mexico City. The event consisted principally of three days of panel discussions on public policy related to climate change, amidst an exposition area featuring innovative products and services aimed at reducing greenhouse gas emissions and overall depletion the world’s natural resources. The first edition of the Green Solutions conference took place during the COP16 international conference held in Cancun one year ago.
The conference provided an excellent opportunity for those involved or interested in climate change mitigation to exchange perspectives on the outlook for greenhouse gas reduction and learn about projects and initiatives taking place in various parts of the world. With the COP17 conference kicking off in Durban, South Africa today, at the forefront of discussion is the question of what will happen once the Kyoto Protocol expires at the end of 2012. The agreement currently establishes ostensibly binding greenhouse gas reduction targets for participating developed nations, and key signatories such as Japan, Russia and Canada are showing little enthusiasm for re-upping once the current period concludes. Continue reading Mexico hosts Green Solutions international sustainability conference→