As part of the launch of the Emission Trading System (ETS) pilot program in Mexico, a study trip was organized to Germany. The objective was for private sector representatives to learn about Europe’s experience with ETS implementation, and to gain first-hand knowledge of the lessons learned, challenges and opportunities associated with implementation.

Representatives from the Mexican industrial and electricity sectors participated in sessions with experts directly involved in the implementation of the EU ETS. Throughout the study trip, they engaged in bilateral conversations, participated in group discussions, received the latest status updates about the ETS design in Mexico and discussed the Mexican industrial sector’s involvement in the development of the ETS.

The public and private sector institutions visited during the trip offered their perspectives about the implementation of the EU ETS.  The Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) and the German Emissions Trading Authority (DEHSt) discussed lessons learned from the implementation of an ETS at the European and German levels. In addition, the Secretariat of the United Nations Framework Convention on Climate Change (UNFCCC) talked about the international context for carbon markets and its relevance for Mexico.