The carbon footprint in Mexico has shown a steady decline from 2013 to 2023, decreasing from 4 metric tons of CO2 per capita to 3.8 metric tons. Notably, from 2017 to 2023, the year-on-year change has been minimal, maintaining a consistent value of 3.8 metric tons. This indicates a stabilization in the country's per capita carbon emissions. The compound annual growth rate (CAGR) over the last five years stands at -0.52%, illustrating a slow but continuous reduction.
From 2024 to 2028, the forecast predicts a slight decline, with the carbon footprint expected to reach 3.7 metric tons in 2028. The projected five-year growth rate is -2.63%, and the forecasted CAGR is -0.53%, suggesting a marginal but ongoing decrease in carbon emissions per capita.
Future trends to watch for:
- Implementation of new environmental regulations and policies which could accelerate the reduction in carbon emissions.
- Advancements in clean energy technologies and their adoption rate, which could further decrease the carbon footprint.
- Economic factors and changes in industrial activities, potentially impacting overall CO2 emissions.
- International commitments and agreements influencing Mexico's carbon reduction strategies.
