Mexico City Cleans Up Act With $200 Million for Zero Waste

This article first appeared on the BNEF mobile app and the Bloomberg Terminal.

  • Public funds, private partnerships to up recycling capacity
  • Plans include plastics ban by 2021, zero waste by 2030

Mexico City has committed close to $200 million in public funds to be spent on recycling infrastructure by 2024. The Mexican capital also plans to co-finance additional infrastructure through public-private partnerships.

Mexico City published its “Zero Waste” strategy earlier this year. By 2024, the City aims to triple the amount of recycled waste – including construction and demolition waste – and reduce waste going to landfills by 70%.

The city has also recently approved a ban on single-use plastics, due to be implemented by 2021. It expects these measures to result in a 70% decrease in waste-related greenhouse gas emissions.

This ambitious plan is in line with policies in high-income regions, such as the European Union, and shows that emerging markets see the benefit in achieving a circular economy.

Clients can find the entire report ‘Circular Economy: Global Policy Trends’ on The Terminal or on web

BNEF Shorts are research excerpts available only on the BNEF mobile app and the Bloomberg Terminal, highlighting key findings from our reports. If you would like to learn more about our services, please contact us.

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us