Mexico, among the countries that will produce more fossil fuels in 2030

Despite the commitment to emissions neutrality, the plans and expectations of countries such as Mexico will produce 240% more fossil fuels than coal; 57% more oil; And 71% more gas in 2030

In the fight against climate change and agreements such as the Paris Agreement, world governments, including Mexico, are planning production in 2030 around the world. 110% more fossil fuels Which would be consistent to limit global warming to 1.5°C, according to a report by the United Nations Environment Program (UNEP).

The organization emphasized in its “Production Gap Report 2021” that despite countries’ commitment to emissions neutrality and increased climate ambitions, plans and forecasts will lead to more 240% more than coal; 57% more oil; And 71% more gas in 2030.

Similarly, the United Nations Environment Program has found that since the beginning of the COVID-19 epidemic, countries have allocated new funds; from More than 300 billion dollars for activities related to fossil fuels; That’s more than was spent on clean energy.

However, the international public finance The production of fossil fuels by the G20 countries and major multilateral development banks (MDBs) has declined in recent years. In this regard, the organization explained that a third of the multilateral development banks and development finance institutions of the Group of Twenty have adopted policies that exclude fossil fuel production activities.

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The report provides features 15 major products from fossil fuels such as Germany; Kingdom Saudi Arabia; Australia ; Brazil; Canada; China; The United Arab Emirates; United State; India; Indonesia; Mexico; Norway; United Kingdom and Russia

And Mexico, how’s it going?

As found by the United Nations Environment Program, Mexico has submitted a file NDC Updated in 2020, which maintained the same 2015 Nationally Determined Contribution targets (22% unconditional reduction and 36% conditional reduction in greenhouse gas emissions) through 2030.

In the same way, the report indicated that the Mexican government has priority Energy Sovereignty Increasing oil production as a lever for national development. In light of this, Petróleos Mexicanos (Pemex)’s 2021-2025 business plan seeks to boost oil and gas production and reverse the decline of the past 15 years.

In addition, the State Production Company (EPE) is in an extreme scenario increasing oil and gas production from 66% and 89% respectively from 2018 to 2032. While at least production will decrease by 3% and gas will rise by 25% in the same period.

The United Nations Environment Program emphasized that it did not set out policies and rhetoric to limit fossil fuel production or to make a fair and equitable transition away from fossil fuel production.

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