Fiscal Economic Instruments for the Sustainable Management of Natural Resources in Coastal Marine Areas of the Yucatan Peninsula

Fiscal economic instruments (FEI) are indirect regulation mechanisms that generate public revenue for the state through rights to use, charges, and concessions. In Mexico, some of these instruments can be used in the surveillance, administration, and preservation of the environment. In this paper, we analyze the changes in Federal and State growth rates of expenditure budgets in critical areas of the Yucatan Peninsula coast to describe their contribution to sustainable development during the last 12 years. We present an adaptation of the methodological guide of economic instruments for environmental management from CEPAL, with 2013 as the base year for the Gross Domestic Product (GDP) deflator and the use of the Protocol of Nagoya year as an international compromise signed by Mexico. The results obtained show that the expenditure budgets respond to economic, political, and short-term security attention without expectations for sustainability. However, alarming evidence of severe environmental deterioration in the coast is diminishing natural attraction, from tourism, for example, which is the main source of income in the region. The effective use of FEI by local governments may be useful to addressing environmental challenges from a decentralization process with better awareness of the importance of coastal areas for regional sustainability.