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Library Using Natural Resources in an Optimal Way

Using Natural Resources in an Optimal Way

Using Natural Resources in an Optimal Way

Resource information

Date of publication
January 2014
Resource Language
ISBN / Resource ID
oai:openknowledge.worldbank.org:10986/16574

To ensure sustainable and optimal use of
its common property natural resources, Mexico will need to
strengthen its focus on enhancing stewardship in three key
sectors-forests, water, and energy resources. The key
objectives include the following: 1) identifying options
that would contribute to Mexico's climate agenda and
build social resilience through forest management; 2)
ensuring economically efficient and environmentally and
socially sustainable water management to promote
'green' growth in the context of water scarcity
and climate uncertainty; and 3) assessing the impacts of
declining oil and gas reserves and the role of renewable
energy as an alternative and cleaner source. Forests can
play an important role in mitigating and adapting to climate
change. Reducing Emissions from Deforestation and Forest
Degradation (REDD+) and other forest-related activities
could account for almost 20 percent of reductions in
greenhouse gas emissions that Mexico could achieve by 2030.
Although much remains to be done, Mexico has become a global
leader in forest management. Allocation of resources among
the various programs is not optimal. Reforestation efforts
have obtained modest results despite receiving 38 percent of
Mexico's forest investments in 2011 (US$486 million).
The capacity to monitor investments is lagging compared with
the scale of the programs.

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