According to IBM's recent study, "CEO Decision-Making in the Age of AI," 42% of the CEOs surveyed globally identify environmental sustainability as their primary challenge over the next three years. The study also indicates that they are facing pressure to adopt data management technologies so efficient that they can determine the environmental performance of each company and seek alternatives to provide solutions to the challenges faced by organizations seeking to reduce their greenhouse gas (GHG) emissions.
95% of the surveyed organizations have developed Environmental, Social, and Governance (ESG) proposals in Mexico. Only 7% say they have made significant progress toward their goals, and 65% say they struggle to manage a large amount of manual data. Thus, it is crucial to leverage CleanTech technological solutions focused on decarbonization to transform the ability to collect, analyze, and report carbon footprint inventories.
In line with its commitment to environmental care and preservation, the Mexican government has implemented instruments such as the Emissions Trading System. This system sets emissions limits for industries emitting over 100,000 tons of GHGs annually to prevent excessive emission of pollutants.
As part of this initiative, the government aims to issue bonds in the form of financial incentives to companies engaged in carbon dioxide reduction activities, thereby encouraging active participation of companies in the transition to a low-carbon economy.
Data supports the importance of such implementations. According to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC), GHG emissions must be reduced by 40 to 70% by 2050 compared to 2010 levels to limit the global temperature increase to 1.5 degrees Celsius. This goal can only be achieved through coordinated actions of the public and private sectors.
The certification system is not limited solely to emission reductions; it also aims to promote the adoption of clean technologies and generate economic opportunities through new markets. This translates into an additional incentive for companies to invest in sustainable projects and adopt environmentally friendly practices.
In this regard, the use of certifications and bonds emerges as an effective strategy to achieve climate goals and move towards a sustainable economy. The possibility of obtaining these tools through CleanTech companies not only promotes emission reductions but also stimulates technological innovation and creates new economic opportunities in sectors such as renewable energies, energy efficiency, and sustainable mobility.
The use of certifications and bonds represents a key incentive to reduce greenhouse gas emissions and promote a low-carbon economy in Mexico. CleanTech companies play a fundamental role by becoming allies to all types of businesses, enabling them to obtain validation of emission reductions, providing the opportunity to diminish the environmental impact of various business processes, adding a distinctive value that can mean a competitive advantage.
This approach not only aims to reduce emissions but also to promote the adoption of clean technologies and generate economic opportunities through new markets.
The path towards a low-carbon economy presents challenges but also opportunities. Mexico has great potential to lead this transition thanks to its wealth of natural resources, governmental commitment, and active participation of companies. It is essential for both the public and private sectors to have allied carbon capture and transformation technologies to promote the adoption of sustainable practices and foster a resilient, low-carbon economy that benefits both the environment and society as a whole.