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DRIVING ACTIVITIES FOR en.rolim.com
CLIMATE ACTION IN BRAZIL
By Maria João Pereira Rolim and Rodrigo Sluminsky
What needs to be done to boost decarbonization.
Given its biodiversity, and the fact that it energy production. In the last ten years, Low carbon agriculture can establish a new
harbours the largest forest in the world, solar and wind energy have grown from way of exploiting natural resources and
Brazil has always been an important virtually nothing to constituting a fifth of help halt deforestation. Brazil is responsible
player in the climate agenda. Additionally, the energy mix. Despite skyrocket growth for feeding roughly 10% of the world
the connection of Brazil’s indigenous there is only one small concentrated solar population. All this potential must be viewed
ancestry with its contemporary culture, its plant in operation in Brazil and no offshore with enormous responsibility. There is full
enormous capacity for renewable energy, wind energy projects to date. Clean energy capacity to combine sustainable practices
food production, and abundance of natural infrastructure can lead to leadership in green with responsible agriculture. Not only using
resources makes the country increasingly hydrogen production at very competitive the best practices available in terms of
relevant in the fight against climate change. costs. There is additionally, a vast potential crops, but also recovering degraded areas
to be explored in electrification, distributed and promoting integration with forests.
When it comes to carbon footprint, Brazil generation, and new technologies.
accounts for less than 1.5% of global carbon Finally, we are close to establishing a
emissions, and aims to halve its emissions Brazil could formally establish the largest regulated carbon market to boost all these
by 2030. Only a fraction of the nation’s carbon reserve in the world and guarantee activities.
electricity comes from fossil fuels, and more enormous conservation of biodiversity.
than half of the territory is still covered by Recently, the Brazilian government approved Along with the financial flows, this seems
native forests. Nevertheless, this is not a bill that remunerates the preservation of to be a great incentive for another big
enough. It is essential to emphasize Brazil’s protected areas – which may be used also move by Brazil towards sustainability.
role in the climate agenda. to establish a voluntary carbon market. All stakeholders must be on this journey
Currently 2,300 areas have been protected together. Brazil cannot fail to fulfill its role in
Brazil boasts exponential growth in under this bill. Yet, these measures are the decarbonization of the world economy.
disruptive energy systems, with a focus insufficient and far more will be needed to
towards energy efficiency and renewable reverse the deforestation curve in Brazil.
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