Mexico's Bold Moves On Climate Fund: $78,000 For Administrative Expenses, Zero Action Since Start
MEXICO CITY, Apr 21 2014 (IPS) - When Mexicos climate change law went into effect in October 2012, it drew international praise. But what has happened since then?
The best illustration of the lack of action so far is the Climate Change Fund, created under the law to finance adaptation and greenhouse gas emissions reduction initiatives, with national and international funds.
In 2012 it was assigned just 78,000 dollars for administrative operations, but was given no funds to finance projects. And this year there is not even a specific budget allocation for the Fund. Its operating rules are ready, but they have not been published.
Other problems in the implementation of the law have to do with the creation of a national climate change system, the effective reduction of greenhouse gases, and an assessment of adaptation and mitigation measures, according to public policy analyst Carlos Tornel with the non-governmental Mexican Environmental Law Centre (CEMDA).
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http://www.ipsnews.net/2014/04/mexicos-climate-change-law-just-empty-words/