Mexican Petroleum Law

Name of policy Mexican Petroleum Law
Jurisdiction Country
Supranational region
Country Mexico
Region North America

Subnational region or state
City or local
Policy objective
  • Mitigation
Type of policy instrument
  • Economic Instruments
    • Direct investment
    Sector name
    • Electricity and heat
      • General
        • Transport
          Policy description This Mexican Petroleum Law is one of the "21 secondary laws" passed by the Mexican legislation after the constitutional reform. This law established the Mexican Petroleum Fund that was mandated to collect, manage, invest and disburse income derived from the exploraiton and extraction of hydrocarbons. Once the fund reaches 3% of GDP, up to 10% of the fund's yearly increment can be spent on science, innovation and renewable energy.
          Policy type
          • Renewables1
          Policy stringency
          Implementation state Implemented
          Date of decision 2014
          Start date of implementation
          End date of implementation
          High impact No
          Impact indicator

          Source or references,&return=PG5hdiBpZD0iYnJlYWRjcnVtYiI-PGEgaHJlZj0iLyI-SG9tZTwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy8iPlBvbGljaWVzIGFuZCBNZWFzdXJlczwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy9yZW5ld2FibGVlbmVyZ3kvIj5SZW5ld2FibGUgRW5lcmd5PC9hPjwvbmF2Pg,,
          Supports policies
          Is supported by policies
          Comments (background and assessment)
          Status Final

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