At the same time that it is evaluating Brazil’s possible entry into OPEC+, which brings together members of OPEC (Organization of Petroleum Exporting Countries) and allied producers, the Brazilian government presents at COP28, the UN conference on climate change, in Dubai, concrete actions and an emphatic speech on the need to invest in renewable energy, reduce the use of fossil fuels and promote sustainable development.
This Thursday (30), in a meeting with members of OPEC+, the Minister of Mines and Energy, Alexandre Silveira, stated that Brazil wishes to become a member. “We look forward to joining this distinguished group and working with all 23 countries in the coming months and years.” This Friday, Brazil announced investments of almost R$21 billion in areas aimed at developing the Brazilian sustainable economy. President Luiz Inácio Lula da Silva stated that the goals of the Paris Agreement are not being pursued with due diligence and pointed out two central problems: lack of action and ambition.
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“We have a collective problem of inaction, another of lack of ambition. The current NDCs are not being implemented at the expected pace. And, even if they were, they would not be able to keep the temperature below the limit of one and a half degrees”, said the president in his second speech of the day at COP28, referring to Nationally Determined Contributions (NDC), whose objective is to prevent the global temperature from rising above 1.5 degrees compared to the pre-industrial era.
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“Brazil adjusted its NDC and committed to reducing emissions by 48% by 2025 and 53% by 2030, in addition to achieving climate neutrality by 2050. Our NDC is more ambitious than that of several countries that have been polluting the atmosphere since the Industrial Revolution in the 19th century”, said Lula. The president reiterated his commitment to taking care of the Amazon, however, from the perspective of a problem that depends on collective action to be resolved. “We remain firmly committed to zero deforestation in the Amazon by 2030. The Amazon is currently going through an unprecedented drought. River levels are the lowest in more than 120 years. I never imagined I would see this in the place where the largest freshwater reservoirs in the world. But the future of the Amazon does not depend solely on Amazonians.”
On the same day that Israel returned to bombing the Gaza Strip, one day after an attack claimed by Hamas killed three people in Jerusalem, the Brazilian president once again criticized spending on armaments and military actions. “Last year alone, the world spent more than 2 trillion and 224 million dollars on weapons, an amount that could be invested in fighting hunger and tackling climate change. How many tons of carbon are emitted by missiles that cross the sky and collapse on innocent civilians, especially starving children and women?”
Energy transition in five notices
Brazilian investments are part of the Mais Inovação Brasil program. “There are five notices, all focused on the energy transition debate. We cannot face global warming, climate change, without science and technology”, stated the Minister of Science, Technology and Innovation, Luciana Santos.
Together, the five notices represent an investment of R$20.85 billion and will be used to finance projects in the areas of energy transition, bioeconomy, infrastructure and mobility. Another initiative presented at COP28 is the SIRENE Organizacionais platform, a public tool that will receive inventories of greenhouse gas emissions from public, private or third sector organizations from all economic segments. The objective is to meet a demand from the production sector for a national system for reporting, measuring and verifying carbon emissions in Brazil, according to Palácio do Planalto.
With information from Palácio do Planalto and Folha de S.Paulo.