NDC: Conditional target of GHG emissions reduction of 40% from business-as-usual by 2030. 2022 • Carbon Tax: Special Tax Law on Production and Services was amended to levy a tax on the carbon content of fuels from 2014. The carbon tax is updated annually. So far, natural gas is excluded.2012 AFOLU • National strategy for REDD+ 2017-2030: Goal of net zero deforestation by 2030.2017 Critical minerals • A decree granted the federal government the rights to explore, exploit and export lithium through the state-owned company LitioMx.2022 Oil and gas production • Global Methane Pledge: Mexico joined the initiative to reduce global anthropogenic methane emissions by 30% from 2020 levels by 2030.2021 • General Administrative Provisions on methane from the hydrocarbon sector: Regulated entities must submit plans to prevent methane emissions, including actions and targets.2018 Power • Ley de Transición Energética: Sets a target for clean energy to have a 35% share in electricity generation by 2024.2015 Industry • Provisions of Ley de Transición Energética define the procedure for voluntary agreements on energy efficiency for large industrial consumers.2017 Transport • Energy efficiency of light-duty vehicles: Mexico published the standard project PROY-NOM-163-SEMARNAT-SCFI-2023 to update the existing fuel efficiency standard for new light-duty vehicles from 2025.2023 • Draft National Strategy for Electric Mobility: Sets targets for 100% of passenger vehicle sales to be electric or plug-in hybrid by 2040 and 100% to be electric by 2050.2023 Buildings • Energy efficiency requirements for home appliances: NOM-028-ENER￾2017 for light bulbs, NOM-015-ENER-2018 for household refrigerators and freezers, NOM-023-ENER-2018 for air conditioners.