Does Brazil need more energy & climate solutions?

Solutions to energy and climate needs will depend on both domestic and international action. Brazil is keenly aware of the imperative of moving faster. It has suffered in 2024 from devastating floods in the state of Rio Grande do Sul and fires in the Pantanal region.

Which energy source is most efficient in Brazil?

Biofuels dominate as the primary energy source for the Brazilian industry, accounting for 48 percent of the energy mix. 15 However, fossil fuel sources still constitute 29 percent of the energy mix, while electricity, a key indicator of industrial energy efficiency, makes up 23 percent. 16 This largely aligns with the global average. 17

What percentage of Brazilian electricity is renewable?

The renewable energy sector accounts for 83% of the Brazilian electricity matrix, while the global average is around 25%. The renewable energy industry has continuously expanded over the years through private investment.

Could Brazil's leadership help develop sustainable fuels?

The development of sustainable fuels is one of several areas in which the global energy and climate dialogue could benefit from Brazil’s leadership. In the IEA’s Net Zero Emissions by 2050 Scenario, demand for sustainable fuels – such as biofuels, biogases and low-emissions hydrogen – doubles by 2030 and then nearly doubles again by 2050.

Is Brazil a 'green powerhouse'?

Brazil is poised to play a leading role in the global energy transition with vast renewable energy potential and unique biogenic capabilities positioning it as a "green powerhouse" that could add US$100bn to its GDP by 2030.

What is the role of oil in Brazil's energy transition?

So, everybody is really try to understand the role of oil in Brazil’s energy transition. First of all, Brazil has committed investment in additional production of oil in the coming years. So, the production of Brazil is expected to grow. Oil production is expected to grow until the beginning of next decade.