Brazil was the second country to present the third generation of the Nationally Determined Contribution (NDC), which defines the reduction of greenhouse gas emissions from 59% to 67% in 2035.
The plan, which had already been presented in Brazil, was officially delivered to the United Nations climate executive secretary, Simon Stiell, at the 29th United Nations Conference on Climate Change (COP29), in Baku, Azerbaijan.
“Brazil is moving from a denialist model to leadership and protagonism in the fight against climate change. President Lula is fully committed to Brazil being an example of a great protagonist”, stated the vice-president of the Republic, Geraldo Alckmin (PSB).
Continues after advertising
The delivered document resumes the goal of climate neutrality by 2050 and brings in its presentation “a vision of a country that recognizes the climate crisis, assumes the urgency of building resilience and outlines a roadmap for a low-carbon future for its society, its economy and its ecosystems”.
In addition to bringing together a summary of public policies that contribute to achieving the goals proposed in the NDC, such as the Ecological Transformation Plan, the document also details, by sector of the Brazilian economy, the actions that have been implemented in the country so that gas emissions of the greenhouse effect are mitigated.
According to the Brazilian NDC, the Sectoral Mitigation Plans, which are being prepared in the National Mitigation Strategy, are guided by the new target and will establish absolute values for reducing emissions of all greenhouse gases and targets for all areas of the Brazilian economy. This stage of public policy is expected to be completed in the first half of 2025.
Continues after advertising
Through social media, Stiell spoke of Brazilian leadership in delivering generation 3.0 of NDC. “The message is clear: climate action is increasing because it is every nation’s ticket to security and prosperity,” he highlighted.
According to the Minister of Environment and Climate Change, Marina Silva (Network)the option of delivery with a variable margin, occurred because it is a period of more than ten years, and takes into account possible changes in economic scenarios, international cooperation and technological advances.
“The focus is to have an absolute number that goes from more than 2 billion tons of CO² to 850 million and supporting this decision, we have the Climate Plan, we have the Ecological Transformation Plan, which is the new paradigm for the development model of Brazil, with six strategic axes”, he states.
Continues after advertising
The first country to hand over the NDC to the United Nations was the United Arab Emirates, as had previously been agreed upon in the formation of the Troika, the multilateral pact signed by the three presidencies of COPs 28, 29 and 30, respectively United Arab Emirates, Azerbaijan and Brazil, to fulfill the 1.5 °C Mission.
According to the document, the new Brazilian ambition for emissions considers the guidelines established in the Climate Plan, the result of a consultation process with society, the private sector, academia, states and municipalities.
FREE ACCESS
BONDS PORTFOLIO
