| Led by: MexiCO2 |
| Sector: Finance |
“I had the opportunity to take the “Sustainable Finance and Risk Analysis” course and it was a great experience. The knowledge I acquired has helped me in the analysis of the company's climate risks and, together with the TCFD workshop, I have been able to deepen the Bolsa Mexicana de Valores Group’s environmental strategy.”
- Nalleli Barajas, Deputy Director, Bolsa Mexicana de Valores (BMV—Mexican Stock Exchange)
This project has been working to support the mobilisation of capital needed to scale Mexico’s low-carbon transition. A key goal has been establishing the Mexican Climate Finance Hub as the leading resource for green finance to strengthen the skills and understanding of financial investors, to address the barriers within the financial sector to invest in green solutions.
In its second phase, the project will continue to green the Mexican financial system and channel local resources to low carbon solutions, thus helping to build the hub. In order to enhance impact and sustained climate action, the project will increase the number of trained personnel in the financial sector on environmental, social, and corporate governance (ESG) factors, provide a wide-ranging series of reports on the state of the market and potential opportunities, develop policy recommendations for national and subnational governments, and support market interaction between subnational entities and investors to finance sustainable infrastructure.
MÉXICO 2 signed a Memorandum of Understanding in June 2022 with the Secretary of Environment and Land Development (SEMADET), and the Secretary of the Economic Development (SEDECO) of the State of Jalisco, committing to develop activities and projects for mitigation and adaptation to climate change in the State, with support from Mexico-UK PACT.
