The economic benefits for Brazilian industry are numerous, as well as the benefits for the climate. The challenge now is for it to be approved in the Senate, and then to comply with the ratification processes
The Kigali Amendment was approved in the Chamber of Deputies, and now proceeds to the Senate. This has been the largest victory of the Kigali Project to date, and is a cause for celebration, if not yet definitive. In force in 133 countries, the Amendment to the Montreal Protocol has an objective to reduce the production and consumption of hydrofluorocarbons (HFCs), which are gases that heat up the planet 12,000 times more than CO2. They are used in refrigeration equipment and air conditioners.
The benefit of the probable ratification of the amendment is not only for the climate, but also for Brazilian industry, which will have access to 100 million dollars in a non-refundable UN fund in order to update production lines and increase efficiency and competitiveness. In the country, the process began in 2018, in the Chamber of Deputies, as a Bill of Legislative Decree (PDC), and its approval took place on May 26, 2022. In the Senate, it will now be voted on as PDL 179/2022.
The calendar for Brazil is:
2020, 2021 AND 2022:BASE YEARS FOR THE FREEZING OF HFC CONSUMPTION BY BRAZIL
2029 A 2045: COMMITMENT TO REDUCE HFC
The calendar may be revised every five years if new technology appears on the market.
Do you want to know more about the benefits of the Kigali Amendment for Brazil and the world? Read more here.
To learn about the economic impacts of the Amendment, click here.