At the end of last year, former Foreign Minister Marcelo Ebrard announced that by this year Mexico would increase its greenhouse gas emissions cuts from 22% to 35%, and a 51% reduction in Black Carbon between now and 2030; This was the strategy proposed by Mexico at the Conference of the Parties (COP) 2022, also endorsing its commitment to comply with the Paris Agreement that entered into force on November 4, all thanks to an investment project in renewable energies with the United States that will require 48 billion dollars.
However, according to the Federal Expenditure Budget Project (PPEF) for 2024 presented this Friday by the Ministry of Finance, it is expected that the entire budget will be focused on the Federal Electricity Commission, accumulating 10 billion 242 million pesos, through financed investment in long-term productive infrastructure projects.
Of the remaining 405 million pesos, the largest part is concentrated in the Energy sector (347 million pesos), and particularly in the Ministry of Energy (Sener), which concentrates 286 million pesos, while the National Commission for the Efficient Use of Energy (Conuee) will only receive 87 million pesos.
Another specialized agency of the federal government for the energy transition, the National Institute of Electricity and Clean Energies (INEEL), but it will barely receive 700 thousand pesos. Meanwhile Pemex, one of the main responsible for greenhouse gas emissions, will barely receive 20 million pesos for this purpose. The rest will be distributed among the Ministry of the Interior (one million pesos), the Ministry of Health (7.1 million pesos) and the Ministry of the Environment and Natural Resources (2.1 million pesos).
