Brazil to triple its Renewable Energy capacity

Brazil has officially agreed to triple its renewable energy capacity by 2030 while steering away from coal usage, as revealed in a letter examined by Reuters on Friday. This move aligns Brazil with a prospective global deal supported by the European Union, the United States, and the United Arab Emirates.

As South America’s largest country, Brazil joins the ranks of approximately 100 nations committed to the objectives outlined in the “Global Renewables and Energy Efficiency Targets Pledge.” The confirmation places Brazil at the forefront of international efforts to combat climate change.

Pledges within the Renewable Energy Commitment

A draft of the renewable energy pledge outlines vital commitments:

1. Phase Down of Unabated Coal Power: The commitment includes a plan to reduce reliance on unabated coal power, explicitly focusing on ending financing for new coal-fired power plants.

2. Global Energy Efficiency Improvement: The pledge promises to double the global annual rate of improving energy efficiency, aiming for a 4% yearly enhancement until 2030.

As Brazil takes this significant step, it reinforces its dedication to fostering sustainable energy practices and aligns itself with global initiatives to combat climate change.

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