The energy transition emerges as a fundamental strategy, placing Brazil in a prominent position in the adoption of renewable energy and the promotion of sustainable practices.
In a global scenario marked by geopolitical challenges, high interest rates and cost inflation, investment in clean energy demonstrated impressive resilience, reaching a new record level in 2023.
The year 2023 marked a turning point in the fight against climate change, according to the report by the International Energy Agency (IEA). This paper provided a detailed analysis of the current state of global CO2 emissions, highlighting the significant contribution of clean energy growth to limiting the increase in these emissions.
In the Brazilian energy scenario, the year 2023 marked a historic turning point, characterized by the lowest rate of carbon emissions in electrical generation in the last eleven years. This achievement not only highlights Brazil's commitment to global environmental goals, but also highlights the growing influence of renewable sources in the national energy matrix. Driven by a diversified generation model, the country managed to reach a surprising rate, where 93% of the electricity generated comes from renewable sources, including hydroelectric, wind, solar and biomass.
Low-emission energy sources are expanding rapidly to meet growing global demand. By 2025, renewable energy, including solar and wind, is expected to increase its share of global power generation from 29% to 35%.
Green hydrogen, considered the “fuel of the future”, is at the center of discussions about the global energy transition. Produced through renewable sources, such as wind and solar energy, it does not emit carbon, being an alternative to fossil fuels. Its versatility makes it a valuable input for industries such as fertilizers, cement and petrochemicals, as well as being a potential fuel for maritime and air transport.
Brazil assumed the rotating Presidency of the group of the 20 largest economies in the world in December 2023, with the main objective of highlighting the transition to sustainable energy sources, promoting reforms in the global governance model and intensifying efforts in the fight against inequality and hunger.
In November 2023, the world will turn its eyes to Dubai, where the 28th edition of the Conference of the Parties (COP28) will take place, a crucial event on the global climate agenda. Organized by the United Nations Framework Convention on Climate Change (UNFCCC), COP28 represents an important milestone in the fight against climate change and in promoting a sustainable energy transition.
In the current context, replacing diesel with renewable energy sources is an urgent need and an opportunity to mitigate the effects of climate change. Diesel, a fossil fuel, is a major emitter of greenhouse gases (GHGs), contributing significantly to global warming. The transition to renewable energy is, therefore, a strategic action to reduce GHG emissions and move towards a more sustainable and ecological economy.
Brazil, a key player in global sustainability, sees vast potential in the carbon market and biogas. With the 7th highest greenhouse gas emissions, the nation is exploring strategies to mitigate these emissions.