The report Climate and Development: Visions for Brazil 2030 was launched at an official UNFCCC press conference during COP 26. The report indicates paths towards a more ambitious climate goal for Brazil. The initiative points out three most urgent alternatives for Brazil to combat climate change: carbon pricing, control of deforestation and the construction of an economy of forest restoration.
With investments in these areas, the country would have the capacity, according to the study, to reduce emissions between 66% and 82% by 2030, with 2005 as the base-year. The goal announced by the federal government during COP 26 is a 50% reduction by 2030, which is equivalent, due to the variation in the methodology of the monitoring, to something close to the former NDC, of 43%.
The final text of the document, produced by the Tanaloa Institute and the Climate Center at UFRJ, reflects a three-month process of consultation with more than 300 experts and political leaders.