Nationally Determined Contribution (NDC) to the Paris Agreement (2022 Update) - Mexico
In Mexico's 2022 updated Nationally Determined Contribution to the Paris Agreement, the country recognises the need to reduce economy wide emissions of methane and other short-lived climate pollutants by 30% in order to meet the IPCC target of limiting global warming to 1.5 degrees. The NDC furthermore establishes a target for the oil and gas sector of reducing greenhouse gas emissions by 14%. To achieve this goal, it proposes measures following three branches of action:
- the increase of co-generation in gas processing and oil refinement;
- the reduction of fugitive emissions from the oil and gas sectors; and
- the energy efficiency program in the state owned petroleum company Petróleos Mexicanos and its subsidiaries.
Petróleos Mexicanos' goal of 98% methane gas utilisation is supported by the Gas Utilisation Strategy for Existing Wells (Estrategia de aprovechamiento de gas en pozos existentes) and estimated investments of more than 2 billion dollars.
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