March 17, 2023 – Mexico’s Ministry of Finance unveiled its Sustainable Taxonomy, a financial public policy tool that seeks to encourage investment in economic activities that protect the environment and reduce social and gender gaps.
The criteria developed by the Mexican government, with advice from organizations such as the World Bank, are aligned with the taxonomy of the European Union, which since 2020 is part of the regulatory development of the European Commission to link the financial sector with the achievement of the decarbonization objectives of Europe’s economy.