Carbon capture in Mexico
Development of a regulatory framework for carbon capture, utilisation and storage in Mexico (2015)
Client: World Bank
Carbon capture, utilisation and storage (CCUS) is looked at as a potential solution to contribute to the reduction of CO2 emissions in the atmosphere in Mexico. Mexico is particularly interested in the enhanced recovery of oil through the injection of CO2 while also exploring the potential for permanent storage in the long term. For the effective implementation of planned CCUS pilot and demonstration projects there is a need for robust and reliable regulatory frameworks. The current study aimed to provide a comprehensive in-depth assessment of the legal and regulatory framework for CCUS activities in Mexico and to provide an analysis of the legal gaps and barriers in this framework for the effective implementation of the pilot and demonstration projects set out in the Mexican CCUS Roadmap. The assessment of legal gaps and barriers took place in view of international best practices, including regulatory frameworks in other countries and regulatory models developed by international organisations and stakeholders. On this basis, the project team developed recommendations to overcome the regulatory gaps and barriers identified in Mexico. The project moreover involved stakeholders in this process through a 2-day stakeholder workshop in Mexico City.