Mexico's First Woman President and Climate Policies

Claudia Sheinbaum, a left-wing climate scientist and former mayor of Mexico City, is likely to be elected as Mexico's first woman president. She aims to strengthen Mexico's climate policies by investing in renewable energy, expanding public transportation, and transforming state-owned enterprises. She plans to have 50% of Mexico's electricity demand met through zero-carbon sources by 2030. She faces opposition from private energy developers and investors due to her focus on state-owned companies for energy production.

Mexico's upcoming presidential election and potential climate policies

Mexico is likely to elect its first woman president, a left-wing climate scientist, who plans to focus on climate and environmental issues, increase renewable energy sources, and strengthen state-owned enterprises for the energy transition. The election comes amidst a deadly heat wave and a water crisis in Mexico City.

Chinese Government Support for Real Estate Sector

Chinese authorities pledge new support for state-owned enterprises to buy unsold apartments, aiming to boost the real estate sector and provide funding for developers. The People's Bank of China provides 300 billion yuan to financial institutions for this purpose.