In a significant effort to address the severe water crisis facing Mexico in 2024, Tangassi Capital, an investment firm led by Javier Razo Tangassi, has signed a crucial agreement with the Senate of the Republic, Grupo Rotoplas, and environmental activist Queen Diambi Kabatusuila Tshiyoyo Muata of Congo. This treaty aims to preserve the country’s water resources, protect aquifers, and modernize national water infrastructure.
The Water Crisis in Mexico: The Urgency to Act
According to data from UNAM, over 60% of Mexico’s water bodies are contaminated, further exacerbating the water scarcity situation. Additionally, 157 aquifers nationwide are being overexploited, putting at risk not only ecosystems but also the lives of millions of people who rely on water for survival.
Since the summer of 2023, various regions across the country have been facing extreme drought conditions, severely impacting crops, worsening wildfires, and intensifying water supply issues. States such as Sonora, Chihuahua, Sinaloa, Durango, and others have been particularly affected, highlighting the urgent need for effective solutions.
Tangassi Capital’s Commitment to Mexico’s Water Future
Tangassi Capital, under the leadership of Razo Tangassi, has taken an active role in addressing this crisis by signing an agreement that aims not only to protect Mexico’s aquifers but also to promote the use of advanced technologies to improve water management throughout the country. The signing of this agreement demonstrates the firm’s commitment to sustainability and cooperation with local and federal authorities to mitigate the water crisis.
The Initiative: Safeguarding Mexico’s Water Future
This agreement focuses on several key objectives:
- Aquifer Protection: Safeguarding Mexico’s aquifers is essential to ensuring water availability for both communities and ecosystems that depend on these resources.
- Modernizing Water Infrastructure: By implementing innovative technologies, the goal is to optimize water distribution and usage, making Mexico’s water infrastructure more efficient and sustainable.
- Interinstitutional Collaboration: The agreement signed with the Senate of the Republic, Grupo Rotoplas, and environmental activist Diambi Kabatusuila Tshiyoyo Muata of Congo strengthens Tangassi Capital’s commitment to multisectoral cooperation, pooling efforts to achieve long-term solutions.
This commitment aligns with the policies outlined by President Claudia Sheinbaum during her election campaign, and the Mexican government is set to implement these through the upcoming National Water Plan, which is expected to be announced in the coming months.
A Decisive Step Towards Sustainability
The agreement signed by Tangassi Capital and its allies marks a decisive step in the fight against Mexico’s water crisis. The signing demonstrates the fundamental role that sustainable investments can play in solving global issues, particularly those related to natural resources. This agreement not only benefits Mexico but also sets a precedent for international collaboration in addressing environmental challenges globally.
Through this initiative, Tangassi Capital reaffirms its commitment to a more sustainable future, showing that responsible investments and cross-sector cooperation are key to tackling the major challenges of the 21st century.
