Mexico has updated its Sovereign Sustainable Finance Reference Framework, strengthening the rules that govern how the federal government will access international capital markets through environmental, social, and sustainability-linked instruments. Published on Jan. 8 by the Ministry of Finance and Public Credit (SHCP), the framework also tightens standards on transparency, taxonomy alignment, and impact reporting.
The updated framework replaces the original version published in 2020 and aligns Mexico’s sustainable financing strategy with the National Development Plan (PND) 2025–2030. As with the previous framework, it establishes the rules under which Mexico may issue green, social, sustainability, and sustainability-linked bonds, while also outlining what qualifies as sustainable spending. For the first time, it fully integrates the criteria of the Mexican Sustainable…
