environment

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

In this new issue of the OTMT, we analyze the evolution of the labor market up to November 2023. We take stock of the evolution of the main aggregate indicators and focus on the monitoring of the 2022 Labor Market Reform, unemployment among people aged 50 and over, and employment and the environment.

We are just days away from COP26. According to its Nationally Determined Contribution (NDC), it is estimated that Mexico emitted 804 million metric tons of CO2e in 2020. As a signatory to the Paris Agreement, Mexico commits to reduce its Greenhouse Gases by 22% by 2030, in the unconditional case.

The recent agreement of the European Council and the European Parliament to reach climate neutrality by 2050 has sped up the global race in commitments to achieving zero greenhouse gas emissions.

Europe has invited the US to work on an agenda for global change on four issues that are becoming increasingly challenging: health, the environment, trade and technology, and political governance. However, the mechanisms for implementing these measures have not been mentioned. Altruism and containing China are not enough.

Discussions about climate change policies are gaining ground in public debate as social awareness improves, and this is increasingly reflected in specific proposals for defining economic policy.