Mexico Makes Big Commitment to Wind Energy

Within the next three years, Mexico will install 10 gigawatts of wind spread across almost every region of the country, quadrupling its wind capacity, reports Bloomberg.

And 20 gigawatts will be in place by 2030. 

"We’re already a new country, Mexico is getting cleaner," Alejandro Peraza, who directs the energy department, told Bloomberg. "There is a clear national policy on climate change taking place," said Peraza. "We are going in the direction of a low carbon economy."

And investors are lining up. Annual renewable energy auctions will be held starting in March 2016. The plan is for renewable energy to supply 51% of Mexico’s electricity by 2040, up from 14% now.

Mexico

In its UN climate pledge, the country commits to achieve these goals by 2030:

  • cut greenhouse gases 22%
  • cut black carbon emissions 51%
  • reduce emissions intensity 40% (amount of carbon emitted  per unit of GDP)
  • Reach Zero deforestation by 2030
  • Reforest watersheds
  • Preserve and restore ecosystems to increase ecological connectivity of all protected areas
  • Substantially increase programs that protect priority species from climate change.
  • preserve and restore coastal and marine ecosystems such as coral reefs, mangroves, sea grass and dunes.
  • Guarantee water management for all stakeholders, including ecosystems.

Mexico is one of 12 countries to sign the "Under 2 MOU" pledge, agreeing to joint actions that will keep global temperatures from increasing beyond 2°C. This week, Mexico joined France, Germany, Chile, Ethiopia and the Philippines in  voicing support for a price on carbon as an outcome of the Paris Climate Summit.

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