Business · Energy & Commodities · 10 hrs ago

Brazilian industries form coalition to speed up decarbonisation

Brazilian industries form coalition to speed up decarbonisation

Four Brazilian industries have joined a climate coalition to coordinate cuts in greenhouse gas emissions.

The group brings together mining, electricity, transport and agribusiness, and is coordinated by the Brazilian Business Council for Sustainable Development.

More than 270 organisations support the effort, which will be presented at the COP31 climate conference in Antalya, Turkey.

The coalition says emissions cuts require shared investment in technology, infrastructure, clean energy and new production methods, including electric equipment and vehicles and more biofuels.

A new platform is due to launch on November 19 at the Brazil Pavilion to track actions across the four sectors using indicators and progress measures.

Twenty-eight measures in farming, transport and mining could cut about 900 million tonnes of CO₂ equivalent a year by 2050; that estimate does not include the electricity sector.

The sectors have set priorities and responsibilities for the next three years, with the aim of turning climate goals into coordinated action across supply chains.

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What people are saying

Grazielle ParentiVale vice-president of sustainability
Because it is an industry that is at the base of almost everything society produces, mining has great potential to contribute to the reduction of global carbon emissions. Brazil, in particular, produces minerals that are strategic for decarbonising steelmaking and for the planet’s electrification process.
via InfoMoney
Pablo CesárioIbram interim chief executive and director of institutional relations and associative affairs
The productive sector’s main contribution is to transform climate targets into concrete implementation pathways. To do that, it is necessary to work across the entire value chain: technology, energy, infrastructure, finance, regulation, market and demand.
via InfoMoney