Mexico’s Climate Commitment and Budget Shortfalls: A Double-Edged Sword

Dive into Mexico's ambitious pledge to achieve net-zero emissions by 2050, as announced at COP29, and the economic implications of this environmental leadership. Contrast this with the country's drastic cuts in the 2025 environmental budget, which fall short of international recommendations, risking water access and exacerbating inequality. This episode explores the tension between fiscal consolidation and environmental responsibility, urging a reevaluation of priorities in the face of global climate challenges.

Sources:
https://www.jornada.com.mx/noticia/2024/11/21/politica/mexico-trabaja-para-lograr-economia-de-cero-emisiones-jose-samaniego-9976
https://www.eleconomista.com.mx/economia/mexico-queda-corto-gasto-destinado-medioambiente-20241121-735326.html

Outline:
(00:00:00) Introduction
(00:00:35) Mexico works to achieve economy of zero emissions: José Samaniego
(00:04:02) Mexico falls "short" in the expense for the environment