On July 17, CEBDS (the Brazilian Business Council for Sustainable Development), organized the panel “Energy transition and carbon pricing.” With the presence of Siemens and about 70 people, including executives and representatives from the government and civil society, the event was attended by the executive director of the Institute for Climate and Society, Ana Toni, to discuss the speed of the global energy transition and models for pricing carbon emissions. According to Toni, the abundance and diversity of Brazilian energy sources result in both advantages and disadvantages, which make it necessary to define the public policies for decarbonization. The subject of the meeting is extremely relevant because, although the reduction of emissions and the change of the energy matrix produce business opportunities, they also involve financial challenges.

At the event, CEBDS also launched the “CEO’s Guide to Decarbonization,” with targets for the low carbon transition of Siemens. There are four priorities: neutralize the CO2 emissions of the company by 2030; develop decarbonization strategies for countries; reduce CO₂ emissions at the sites of clients; and innovations for decarbonization. Check out here in full .