Brazil Climate Report 2024: Seizing Brazil's Climate Potential (NYC)

Brazil is uniquely positioned to become a Global Hub for Climate Solutions, with the potential to attract between $2.6 and $3.0 trillion in investments by 2050. The country can go beyond achieving Net-Zero goals to establish a climate-positive footprint, advancing its distinctive comparative advantages in 4 key pillars: Nature, Sustainable Agriculture, Renewable Energy & Green Industrial Products.

This updated report adds the perspective of Brazil's potential in growing markets and pressing topics: (I) Data Centers: Brazil could capture a share of the growing GenAI-driven market due to its abundant & reliable green energy matrix; (II) Critical Minerals: with its vast reserves and strategic global position, Brazil could be a key player in the market of nickel, graphite, lithium and rare earth (III) Biofuels: Brazil is already a leader in biofuels production, if reaching full potential, the country could supply 100% of its transport sector with Biofuels, reducing sector emissions by 55%+ and unlocking up to $200B in investments (IV) Adaptation & Resilience: increasing effects of climate change in Brazil requires the definition of goals & actionable plans in Adaptation and Resilience, coordinating measures with public and private sector to secure resources to invest.