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Access to Green Financing: A Case Study of Mexico

Author

Listed:
  • Sanchez, Melissa
  • Karimi, Matin
  • Elmalawany, Omar

Abstract

With a growing population of one hundred twenty-six million (World Bank, 2018), Mexico is accountable for one hundred thirty-one thousand metric tons of CO2 emissions annually, which makes the country 13th largest producer of fossil-fuel CO2 emissions (Boden et al., 2017). Moreover, Mexico's plastic waste is also predicted to be twenty million tons annually (Lira, 2019). This shows that an increasing level of CO2 emission and plastic waste will impede the achievement of three vital Sustainable Development Goals (SDGs) such as Climate Action (SDG13), Life on Land (SDG15), and Life under the Sea (SDG14). To achieve these three essential SGDs, Mexico's government should encourage and support green startups that are introducing environmentally friendly alternatives for the existing means of production and consumption.

Suggested Citation

  • Sanchez, Melissa & Karimi, Matin & Elmalawany, Omar, 2020. "Access to Green Financing: A Case Study of Mexico," MPRA Paper 102347, University Library of Munich, Germany, revised 10 Aug 2020.
    • Handle: RePEc:pra:mprapa:102347
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    References listed on IDEAS

    as
    1. World Bank, 2018. "Doing Business 2018," World Bank Publications - Books, The World Bank Group, number 28608, April.
    2. World Bank, 2019. "Doing Business 2019," World Bank Publications - Books, The World Bank Group, number 30438, April.
    3. World Bank, 2020. "Doing Business 2020," World Bank Publications - Books, The World Bank Group, number 32436, April.
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    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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