Total depletion costs and Environmental degradation in Mexico they represented 4.1% gross domestic product (GDP) in 2022, an amount of 1.2 trillion pesos (about 69,005 million dollars), showed this Friday National Institute of Geography and Statistics (Inegi).
Meanwhile, core environmental expenditures amounted to nearly 200 billion pesos, equivalent to 0.7% of national GDP, Inegi said in a report in “The Inegi.” Economic and Environmental Accounts of Mexico (CEEM) 2022′.
The greatest environmental costs were associated with emissions into the atmosphere, which produce an impact equivalent to 2.5% of GDP, followed by soil degradationfrom 0.5%, and municipal solid waste, from 0.4%.
“The remaining components added up to 0.7% and were integrated due to depletion of reserves. hydrocarbons, exhaustion The groundwater, downloads wastewater lack of treatment and resource depletion costs forestry”, the autonomous institute is described in detail in its report.
On the other hand, public sector expenditure on environmental protection was distributed: 23.7% on air and climate protection activities, 20.3% on water resources management and 18.1% on waste management.
The remaining 37.9% was spent on various activities such as protection and conservation of biodiversity, water, soil, mineral, energy and water resources management, as well as cross-cutting activities such as research and development, education and environmental management environment. – Inegi noted.
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“Internationally, it appears that environmental expenditure as a percentage of GDP is similar to that of other countries such as Switzerland, Sweden, Austria or Denmark“They told me at the institute.
The cost of environmental depletion and degradation as a percentage of GDP remained the same as in 2021, although it was lower than 4.2% in 2020.
At the same time, environmental protection costs in relation to the economy exceeded the 0.6% recorded from 2019 to 2021.
The report is published while UN Climate Change Conference (COP 28) V Dubai, where the Mexican President was conspicuously absent, Andres Manuel Lopez Obrador.
(EFE)
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
