A new report by World Resources Institute and University of Sao Paolo’s Institute of Energy and Environment finds that Brazil could change its energy mix and move toward a lower-carbon economy by modernizing transport, improving renewable energy capacity and increasing industrial efficiency. The report, Bridging the Gap Between Energy and Climate Policies in Brazil, analyses different emissions scenarios and makes recommendations to strengthen the portfolio of policies that would enable Brazil to meet both its energy and climate objectives.
As the world’s seventh-largest emitter of greenhouse gases, Brazil’s climate commitment is an important piece of the global response to climate change. The report is especially timely as Brazil is expected to release its Intended Nationally Determined Contribution (INDC) this week. The report finds that under current policies Brazilian GHG emissions are likely to exceed the country’s share of the remaining carbon budget between 2024 and 2035 if it does not change its current energy mix.