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Sustainable Taxonomy of Mexico (Taxonomia Sostenible de México)

Geography
Year
2023
Document Type
Policy

Summary

The Mexican Sustainable Taxonomy is a national framework designed to classify economic activities, projects and investments that contribute positively to environmental and social objectives. It establishes a science‑based, transparent system of criteria and thresholds that allow financial markets to identify “sustainable” assets, thereby reducing green‑washing and directing capital toward climate‑friendly and socially inclusive projects. The taxonomy’s first phase focuses on four core objectives (climate‑change mitigation, climate‑change adaptation, gender equality, and sustainable cities) while also incorporating a broader set of environmental goals such as water management, biodiversity conservation, and circular economy practices. Activities are evaluated against “technical assessment criteria” that include a primary metric, a substantial contribution threshold, non‑harm criteria, and minimum safeguards covering human rights, labour standards and governance.In practice, the taxonomy covers six key sectors (agriculture, energy, construction, manufacturing, transport and waste management) and identifies 124 eligible activities that meet the established criteria. For climate‑change mitigation, metrics such as CO₂e emissions reductions and energy‑efficiency gains are used, while adaptation is assessed qualitatively through resilience to climate risks.

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.