ENERGY TRANSITIONS

Brasil could be a world leader in the energy transition to renewable sources

As the country with the most renewable energy matrix among the world's largest economies, Brasil has the opportunity, with the presidency of the G20 and as host country of COP 30, to present the world with successful experiences for a just and inclusive energetic transition.

02/10/2024 9:00 AM - Modified 8 months ago
Presidente Luiz Inácio Lula da Silva se reúne com o diretor executivo da Agência Internacional de Energia (AIE), Fatih Birol, e o ministro de Minas e Energia, Alexandre Silveira. | Foto: Ricardo Stuckert - Presidência da República
Presidente Luiz Inácio Lula da Silva se reúne com o diretor executivo da Agência Internacional de Energia (AIE), Fatih Birol, e o ministro de Minas e Energia, Alexandre Silveira. | Foto: Ricardo Stuckert - Presidência da República

As president of the G20, Brasil has the opportunity to show the world its leading role in the energetic transition. According to data from Climate Transparency 2022, a global consortium with the objective of stimulating decarbonization among the G20 countries, Brasil is the country with the most renewable energy matrix among the world's largest economies. In the country, for example, 79% of electricity generation comes from renewable sources, while in the United States the percentage is 21%, in France 29%, in Russia 20% and in South Africa only 9%.

In the country, for example, 79% of electricity generation comes from renewable sources, while in the United States the percentage is 21%, in France 29%, in Russia 20% and in South Africa only 9%

“Brasil must lead the emerging countries on the issue of renewable energies. At the G20, I hope Brasil will create many markets for this. We have many sectors to decarbonize, such as aviation and maritime. Brasil also has the potential for critical minerals, such as lithium and cobalt," defended the executive director of International Energy Agency (IEA), Fatih Birol. The IEA president was in Brasilia where he debated energy and climate issues with President Luiz Inácio Lula da Silva.

“Following my conversations here, the IEA looks forward to further deepening our excellent partnership with Brasil. The next two years will be extremely important, and the world is lucky that Brasil is leading, through the G20 and COP 30, global efforts in an inclusive and just way. The IEA stands ready to support Brasil in every way we can," affirmed Fatih Birol.

During the visit, the agency's executive director met with the Minister of Mines and Energy, Alexandre Silveira, to establish a partnership and sign a Work Plan for Accelerating the Energy Transition in Brasil. The Ministry of Mines and Energy is the coordinator of the G20 Energy Transitions Working Group whose priority is to debate the scenario of the global transition towards the use of clean and sustainable energy sources and the paths towards a just, accessible and inclusive energy transition. The group also has the role of discussing the financing of energy transitions, the social dimension of this transition and the perspectives for innovation in the field of sustainable fuel.

The first meeting of the Energy Transitions Working Group under the Brazilian presidency will take place on February 19 and 20 by videoconference.