In a moment considered historic in COP 28, held in Dubai, in the United Arab Emirates, a group of 118 countries – including Brazil – committed a triple its capacities for renewable energy from 3.400 GW to 11.000 GW 2030 up.
Parallel, other 20 nations also if proposed to do the same with nuclear energy by 2050. The agreement comes as the planet faces heat waves and breaks temperature records in 2023.
O movement was led by powers such as the European Union, the United States and the United Arab Emirates. In addition to Brazil, countries such as Australia, Japan, Canada, Chile and Nigeria also signed the global pact.
O objective is not considered mandatory, as many countries start far behind compared to others. According to Reuters, important countries such as China and India even signaled support for the initiative, but did not sign the global commitment.
According to analysis of BCG (Boston Consulting Group), to reduce carbon emissions and curb the impacts of climate change US$3,5 trillion will be needed to be invested in technologies that accelerate decarbonization by 2050.
Brazil
During COP 28, the Brazil announced more than R$20 billion to finance projects aimed at promoting renewable energy, bioeconomy and decarbonization of industry. In total, there are five notices within the Mais Inovação Brasil program.
The notices launched by Finep (Brazilian Innovation and Research Company) and BNDES (Economic and Social Development Bank) were designed in joint action with the MME (Ministry of Mines and Energy) and integrated with sectoral energy transition policies.
