Mexico Carbon Forum Highlights Carbon Market Growth

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By MBN Staff | MBN staff – Fri, 09/04/2026 – 13:14 Idioma Leer en Español DIA assistant 1.0x ✕

During the sixth edition of the México Carbon Forum in Aguascalientes, Eduardo Piquero, Director General, MÉXICO2, highlighted that Mexico’s carbon market reached a record 3.5 million carbon credits issued in 2025, but increasing domestic demand will be key to providing the market with greater liquidity and depth.

Organized by MÉXICO2, the environmental markets platform of the Mexican Stock Exchange Group (Grupo BMV), the two-day forum brought together approximately 4,000 participants from Mexico and abroad to discuss carbon markets, climate finance and mechanisms to channel financial resources toward emissions-reduction projects.

During the opening ceremony, business and government representatives highlighted the role of carbon-market instruments in reducing emissions and supporting investment in climate-related projects. “Companies that prepare to face climate change by reducing their emissions or adapting to the new climate are the most valuable for investors,” said Jorge Alegría, Director General, Grupo BMV.

María Teresa Jiménez , Governor of Aguascalientes said carbon markets can also help reduce emissions while supporting local communities. “It is necessary that we develop instruments, such as carbon markets, to reduce emissions at the lowest possible cost and in this way also support communities throughout Mexico,” she said.

The Aguascalientes government also highlighted regulatory measures designed to provide greater certainty for companies seeking to participate in emissions-compensation initiatives and encourage green investment.

“Aguascalientes developed a voluntary emissions compensation system that provides certainty and predictability to companies that wish to transparently offset their emissions through projects located in the state,” said Sarahi Macías, Minister of Sustainability, Environment and Water of Aguascalientes.

The forum also emphasized the role of the financial sector in integrating carbon markets into climate-risk management. Alba Aguilar, Director General, Mexican Council for Sustainable Finance, noted that the Mexican financial sector must incorporate the carbon market as another tool to mitigate the risks of the climate transition, such as the new regulation that puts a price on greenhouse gas emissions.

Sessions addressed climate-related reporting before Mexico’s National Banking and Securities Commission (CNBV), project financing, banking products and access to renewable energy. Participants also reviewed the Science Based Targets initiative’s (SBTi) Corporate Standard 2.0, updates to Mexico’s Emissions Trading System, state-level carbon taxes and developments in the global voluntary carbon market.

The agenda also covered the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), Article 6 of the Paris Agreement and the European Union’s Carbon Border Adjustment Mechanism (CBAM). Discussions further examined the energy transition and emerging environmental markets involving water, biodiversity and plastics, as well as the participation of the automotive and concrete industries.

The forum provided a platform for companies, government authorities, financial institutions, academia and civil society to examine the regulatory, financial and market conditions shaping Mexico’s transition toward a lower-carbon economy.

According to the Aguascalientes Secretariat of Sustainability, Environment and Water, the event generated spaces for dialogue and knowledge exchange focused on strengthening actions toward a low-carbon economy and developing strategies to address climate change.

The conclusion of the México Carbon Forum 2026 underscored the growing role of carbon markets as a mechanism for emissions reduction and climate finance, while highlighting the need for stronger domestic demand, regulatory certainty and greater participation from the financial and business sectors.