BONDS AND CLIMATE CHANGE 2016 THE STATE OF THE MARKET

The report identifies a significant gap between Mexico's current climate-aligned bond issuance and the investment required to meet its emissions targets, while outlining opportunities across energy, transport, buildings, and water sectors.

• Mexico aims to reduce its greenhouse gas emissions by 50% by 2050, using a baseline from the year 2000.
• As of the report date, climate-aligned bonds issued by Mexican entities totaled $1.3bn, representing less than 0.5% of the global climate-aligned bond universe. This includes a $500m green bond issued by Nacional Financiera in November 2015.
• Meeting clean energy targets alone requires an estimated $5bn in annual investment, totaling $75bn to comply with national and international commitments on GHG emission reductions and clean energy generation.
• The transport sector has significant capital requirements, including a $2.51bn budget for the Mexico-Toluca interurban high-speed rail and a $4bn extension of Mexico City´s subway lines.
• Mexico requires an estimated $77bn by 2030 for water-related infrastructure, operation, and maintenance to manage resources sustainably.
• Several barriers hinder the growth of the Mexican green bond market, including limited awareness among issuers and investors, a lack of tax and regulatory incentives, and inadequate investment-grade credit ratings for sub-national governments.

APA

Climate Bonds Initiative (2016). BONDS AND CLIMATE CHANGE 2016 THE STATE OF THE MARKET. https://www.climatebonds.net/files/documents/publications/SotM-2016-Mexican-Edition-interactive-EN-A3.pdf

Chicago

Climate Bonds Initiative. BONDS AND CLIMATE CHANGE 2016 THE STATE OF THE MARKET. 2016. https://www.climatebonds.net/files/documents/publications/SotM-2016-Mexican-Edition-interactive-EN-A3.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=BONDS AND CLIMATE CHANGE 2016 THE STATE OF THE MARKET |date=August 2016 |url=https://www.climatebonds.net/files/documents/publications/SotM-2016-Mexican-Edition-interactive-EN-A3.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2016bonds, author = {{Climate Bonds Initiative}}, title = {{BONDS AND CLIMATE CHANGE 2016 THE STATE OF THE MARKET}}, institution = {Climate Bonds Initiative}, year = {2016}, month = aug, url = {https://www.climatebonds.net/files/documents/publications/SotM-2016-Mexican-Edition-interactive-EN-A3.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }