In this part of our series Co-benefits Stories, Isaura Espinosa de los Monteros Hinojosa discusses how Mexico can meet future challenges with renewable energies. For this series, we have asked energy professionals that have participated in our trainings for their thoughts and experiences on co-benefits of renewable energy in their country.
“Currently, we are experiencing the third wave of COVID in Mexico without business and school closings because of the pandemic’s impact on the economy. People are critical about the current policy decisions putting people’s health at risk in favour of the economy. Shouldn’t we be thinking of another solution instead of going back to “normal”? A Green Recovery strategy focusing on all sectors could maximize national value creation whilst focusing on achieving the country’s NDCs. Specifically, a Green Recovery focusing on renewable energy (RE) projects could preferably be planned by the newly appointed Ministry of Welfare.
Mexico has a high potential for RE: with its 15° to 35° latitude, it is considered to be a very favourable region for solar resources. The regions with the highest potential are in the Northeast, Southeast and Southwest of the country. Their economy has been hit greatly by the pandemic as they rely on tourism and agriculture. Simultaneously, they are affected by natural events such as hurricanes and floods. Furthermore, Mexico has a high wind power potential in Southern and central regions. Strengthening both technologies would boost the economy and pave the way towards an energy transition.
Tools that help to measure the job creation of such investments might convince subnational governments, as they are eager to find ways to improve their economy, benefit their constituents and meet their own mitigation targets.”
Based on insights of the COBENEFITS research group, the Renewables Academy (RENAC) currently conducts trainings in Turkey, Kenya, South Africa and Mexico. Participants learn about co-benefits of renewable energy in climate change mitigation, tools to quantify and communicate social and economic opportunities and policies and instruments to mobilise them.