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  • Open Access
  • © 2022

Towards an Emissions Trading System in Mexico: Rationale, Design and Connections with the Global Climate Agenda

Outlook on the first ETS in Latin-America and Exploration of the Way Forward

  • This book is Open Access which means that there is free and unlimited access to the content

  • Examines and explains how the ETS is designed and implemented

  • Presents a study of documents and fieldwork of how a Mexican ETS, the first in Latin America, can be set

Part of the book series: Springer Climate (SPCL)

Buying options

Softcover Book USD 49.99
Price excludes VAT (USA)
Hardcover Book USD 59.99
Price excludes VAT (USA)

Table of contents (14 chapters)

  1. Front Matter

    Pages i-xxxvi
  2. Emissions Trading and Mexican Climate Policy: National and International Perspectives

    1. Front Matter

      Pages 1-1
    2. Bringing Emissions Trading Schemes into Mexican Climate Policy

      • Alejandra Elizondo
      Pages 33-47Open Access
    3. Moving Towards an ETS in Mexico: The Case of International Cooperation

      • Neydi Cruz, Mireille Meneses
      Pages 65-87Open Access
  3. Legal Frameworks and Design Perspectives for a Mexican ETS. Building the Blocks

    1. Front Matter

      Pages 89-89
    2. The International Influence of the Emissions Trading System in Mexico

      • Alicia Gutierrez González
      Pages 91-107Open Access
    3. The Political Economy of Carbon Pricing: Lessons from the Mexican Carbon Tax Experience for the Mexican Cap-and-Trade System

      • Juan Carlos Belausteguigoitia, Vidal Romero, Alberto Simpser
      Pages 133-150Open Access
    4. Emission Trading System and Forest: Learning from the Experience of New Zealand

      • Benjamin Rontard, Humberto Reyes Hernandez
      Pages 169-189Open Access
    5. Capacity Development Associated with the Implementation of Emissions Trading System in Mexico

      • María Concepción Martínez Rodríguez, Catherine Nieto Moreno, Mariana Marcelino Aranda
      Pages 223-239Open Access
  4. Mexican ETS Connected Issues with the Broader Climate Agenda

    1. Front Matter

      Pages 241-241
    2. The Environmental Justice Dimension of the Mexican Emissions Trading System

      • Danae Hernandez-Cortes, Erick Rosas-López
      Pages 243-263Open Access
    3. Blue Carbon in Emissions Markets: Challenges and Opportunities for Mexico

      • Antonina Ivanova Boncheva, Alfredo Bermudez-Contreras
      Pages 265-283Open Access

About this book

This Open Access book provides detailed information about the incoming Mexican Emissions Trading System, including an analysis on why the system was implemented, how the system was designed, how it operates, how it could work, and how it could be strengthened by 2023 when it will be formally launched. This document is aimed at those who want to understand how an ETS can operate in an emerging economy. Although it has been written for experts and non-experts, this book does not provide the underlying theory of market-based instruments and emissions trading systems in general. The book can be read from start to finish, but can also be used as a reference for specific components of regional ETSs.


The book draws upon a meticulous study of background documents and fieldwork from different authors to tell the story of how a Mexican ETS, the first of its kind in Latin America, can be set in the country. The emissions trading system cover many greenhouse gas emissions and has been hailed as one of the cornerstones of the Mexican climate policy. The book also examines and explains how the ETS is designed and implemented. 


  • Climate change in Mexico
  • Emissions trading systems
  • Greenhouse gas emissions
  • Policy making
  • Global South
  • Environmental economics
  • Open Access

Editors and Affiliations

  • Instituto Mora, Mexico City, Mexico

    Simone Lucatello

About the editor

Dr. Simone Lucatello is a Professor-Researcher at the Research Institute Dr. José María Luis Mora belonging to the Mexican National Agency for Science and Technology (CONACYT) in Mexico City, Mexico. He is a graduate of the London School of Economics and Political Science (LSE) in International Relations (MSc), and holds a PhD in Analysis and Governance of Sustainable Development from the International University of Venice, Italy. His research interests cover climate change mitigation and adaptation, disaster risk management, environmental security. He collaborates with the California Global Energy Initiative, Water & Infrastructure Innovation Initiative at Stanford University, and is currently a Coordinating Leading Scientist Author (CLA) for the Intergovernmental Panel for Climate Change (IPCC, United Nations) for the 6th Assessment Report, Working Group II. He has collaborated with various programs of the United Nations (UNEP, UNODC, UNIDO, ECLAC), of the European Union (Europe Aid) in the Balkans, Central - South America and the Caribbean, and the GIZ Cooperation Agency as well as for the Interamerican Development Bank (IADB). 

Bibliographic Information

Buying options

Softcover Book USD 49.99
Price excludes VAT (USA)
Hardcover Book USD 59.99
Price excludes VAT (USA)