9 March 2016: The International Partnership on Mitigation and MRV has reported that several developing countries, including Mexico and Viet Nam, have started planning for the implementation of their intended nationally determined contributions (INDCs) under the UNFCCC, with support from their developed country partners. In addition, the Center for Clean Air Policy (CCAP) has been working closely with developing country policymakers, most recently in Latin America, to identify ways to "convert INDCs into action."

The Government of Mexico and the German International Cooperation Agency (GIZ), on behalf of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), have been cooperating on policy design that can help Mexico reach the 2030 targets outlined in its INDC. To this end, from 25-27 January 2016, the country hosted a workshop with German officials, the private sector and the public sector to consider how to structure an emissions trading system (ETS).

In addition, Mexico's Secretariat of Finance and Public Credit (SHCP) and the Ministry of Environment and Natural Resources (SEMARNAT) met with international experts from 10-12 February 2016 to discuss the most effective design for carbon pricing. Mexico has had a carbon tax since 2014 and is considering how the tax might be integrated into an ETS. Lastly, the Government is considering methodologies and accounting for tracking progress toward its goals, attending a workshop with Colombian and Costa Rican participants from 28-29 January 2016 to discuss measurement, reporting and verification (MRV). [International Partnership on Mitigation and MRV Press Release]

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