A Doing-Business platform funded and supported by the EU aimed at developing B2B value-added relations between EU providers of low carbon technologies and companies seeking for sustainable solutions in Brazil
Brazil and the EU share a long-standing relationship based on strong cultural and historical ties. This partnership covers a range of issues including climate change and sustainable energy. In 2007, the EU recognised Brazil as one of its key global partners through the establishment of the formal EU-Brazil Strategic Partnership which covers a range of issues including climate change, sustainable energy, the fight against poverty, the Mercosur integration process, stability and prosperity in Latam.
Brazil integrate the EU Mercosur Association Agreement, recently agreed upon and which aims to create a free trade area between the blocks. As the largest economy in Latam and the world’s 9th largest in terms of GDP, the EU and Brazil are major global emitters and share a common responsibility in meeting the Paris objectives.
Brazil ratified the Paris Agreement in 2016 with the ambitious commitment to reduce its GHG emissions by 37% by 2025 and 43% by 2030, below 2005 levels, by increasing the share of sustainable biofuels in its energy mix to around 18%; making renewables (excluding hydropower) 45% of the energy source by 2030; restoring and reforesting 12 million hectares of forests; restoring 15 million of hectares of degraded pasturelands and enhancing 5 million hectares of integrated cropland-livestock-forestry.
Brazilian government has assumed NAMAs and other measures under the National Plan on Climate Change to address the challenge of climate change.
Land Use, Land-use Change and Forestry (LULUCF) has been the largest source of emissions since 2000. Deforestation and change in the use of land to cropland and pastureland have been the main sources of these emissions.
In 2018, the sector was responsible for 44% of the total emissions, followed by agricultural (25%), energy (21%), industrial processes and product use (IPPU) (5%), and waste (5%). Between 2004 and 2018, total GHG emissions decreased by 51% because the Government has fostered this reduction by the introduction of new climate change mitigation measures in the agriculture and LULUCF sectors.
Avenida Angelica, 2491
7º andar, conjunto 72
Consolação – CEP 01227-200
São Paulo – SP, Brazil
+55 (11) 2589-4023
brazil@lowcarbonbusinessaction.com
