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The world has entered an era in which the countries and companies that transition to net-zero emissions will shape the 21st Century economy. The pandemic, and now the war in Ukraine, have heightened concerns about the vulnerabilities of supply chains and the potential benefits from “near-shoring” manufacturing from Asia to Mexico. The challenge for Mexico and North America is that energy transition and near-shoring must move together.

This essay is part of the series, "Strengthening North American Ties - A Must For Competitiveness," by the Wilson Center's Mexico and Canada Institutes. 

About the Author

Carlos Pascual

Carlos Pascual

Senior Vice President for S&P Global Commodity Insights
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Mexico Institute

The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute.   Read more

Canada Institute

Bound by common geopolitical interests and strong economic and cultural ties, Canada and the United States enjoy the world's most successful bilateral relationship. The Wilson Center's Canada Institute is the only public policy forum in the world dedicated to the full spectrum of Canada-U.S. issues. The Canada Institute is a global leader for policymakers, academics and business leaders to engage in non-partisan, informed dialogue about the current and future state of the relationship.     Read more