All Things Sustainable (formerly ESG Insider) cover image

How Mexico’s sustainable taxonomy tackles both environmental and social issues

All Things Sustainable (formerly ESG Insider)

CHAPTER

The Role of Latin America in Mobilizing Financing for Tackling Climate Change

Enriquez says Mexico is working with Costa Rica and Panama to build their taxonomies. Colombia published its own taxonomy last year, but we have about 30 countries in the Latin American Caribbean region,. If you take North America, just develop it: maybe at some point in the US will be convinced to develop its taxonomy. We only have seven years before 2030, and we need to bring emissions down by 50%. "We need to mobilize huge amount of capital," he adds.

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