GLOBAL DECARBONISATION
private action to deliver tangible results – reducing emissions, strengthening competitiveness and creating inclusive economic opportunities. At Scania, we stand ready to collaborate in this collective effort to make zero-emission freight transport a reality across Latin America.”
The 42 countries currently signed to the Global MoU account for nearly one in every four trucks worldwide. The endorsing companies, organisations and subnational governments together generate more than US $ 1.3tn in annual revenue, while the participating national governments represent 40 % of global GDP.
“ Mexico and Brazil joining the Global MoU is a powerful example of how electrifying heavy-duty transport can drive sustainability in developing economies,” adds Francisco Laverón, Head of Energy Prospective for Iberdrola.“ Renewable electricity will fuel this transition toward a cleaner, more competitive and brighter future for all.”
Why COP30 matters The timing and setting of this expanded adoption are highly symbolic: COP30 underscored the necessity of international cooperation to tackle climate change. Brazil and Mexico’ s entry showcases major emerging economies’ alignment with net zero ambitions and adding substantial political weight to the campaign. With more than 40 national governments now committed – including nations from every continent – the MoU demonstrates broad consensus and a global sense of urgency.
124 December 2025