Climate Change law, 2012. - Carrots & Sticks

It establishing a leading global 'legal' best practice to address climate change and measures to transition to a green economy. The law sets requirements for mandatory emissions measurement, reporting and verification, among other provisions.

More information

Mexico passed the General Law on Climate Change in 2012. The new Law, only the second climate change law in the world, removes the constraints of political parties and electoral cycles, declaring it to be a long-term priority of the Mexican State. It represents a major step forward for Mexico, and for those countries that choose to learn from it.

Organizations covered by the instrument

Large private and listed companies

Target organization notes

Applies to all companies with daunting emissions potential

Industry scope

All/none specified

ESG coverage - E (Environment)

Energy

Status

Current

Country

Mexico

Region

North America

Date of publication

2012

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Go to the instrument