Ontario Premier Wynne announced the signing August 31 of a joint declaration with Québec and Mexico, committing to working together to fight climate change.
Ontario signed the agreement during Premier Kathleen Wynne's mission to Mexico. The agreement will drive progress on the common commitment to pricing carbon. All parties were in Guadalajara, Mexico for the 2016 Climate Summit of the Americas.
The trilateral declaration establishes the foundation for sharing information and expertise on carbon markets and opportunities to reduce greenhouse gas pollution while driving innovation and supporting strong economic growth. International climate change agreements support the 2015 Paris Agreement signed at COP21 and help achieve regional, national and international greenhouse gas reduction targets.
Mexico recently announced that it will pilot a new carbon market starting in fall 2016. Ontario intends to link its cap and trade program to Québec and California's under the Western Climate Initiative, North America's largest carbon market.