Brazil Joins Global Initiative to Triple Renewable Energy by 2030, Phase Out Coal

Credit: Lara Jameson/Pexels

has officially signed an agreement to triple global capacity by 2030 and transition away from coal, according to the country's Foreign Ministry. The move positions Brazil among approximately 100 nations endorsing the initiative, which is supported by the , the United States, and the United Arab Emirates. The prospective deal is expected to be officially adopted during the United Nations climate negotiations in Dubai next week.

In a letter to the United Arab Emirates' Foreign Ministry, Brazil's embassy in confirmed its participation in the “Global Renewables and Energy Efficiency Targets Pledge.” A spokesperson for Brazil's Foreign Ministry verified the country's decision to join the pact.

Despite Brazil's significant role in renewable energy, contributing over 80% of its electricity from renewable sources, the country acknowledges the mathematical challenge of tripling its own renewable energy capacity due to the already high percentage. However, the commitment signifies Brazil's continued support for global renewable energy efforts.

The draft renewable energy pledge, as reviewed by Reuters, outlines commitments to “the phase down of unabated coal power,” including ending financial support for new coal-fired power plants. While coal constitutes just over 1% of Brazil's electricity, the country is aligning with the initiative's goals.

The agreement also includes a commitment to doubling the global annual rate of energy efficiency improvement to 4% per year until 2030. Brazil's involvement in the initiative underscores its dedication to fostering sustainability and contributing to international efforts to combat climate change.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use

Support Renewable Energy News!

At EnergyMagz, we believe that reliable, up-to-date news on renewable energy is vital for driving the world toward a sustainable future. By contributing, you’re not only supporting quality journalism, but also helping to shape the world’s transition to greener solutions.
DONATE  NOW
Every contribution, no matter the size, makes a difference.
close-link