Zero: The Climate Race
Step aside, COP29. How Brazil is looking to supercharge COP30
Nov 21, 2024
André Corrêa do Lago, Brazil’s Secretary for Climate, Energy and the Environment, shares insights into the challenging COP29 negotiations and Brazil's preparations for COP30 in Belem. He discusses the symbolic power of hosting in the Amazon and the logistical hurdles involved. The conversation highlights financial challenges for developing nations in combating climate change and Brazil's balancing act between expanding its oil sector and committing to climate action. The need for international cooperation and substantial investments is emphasized.
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Quick takeaways
- Brazil emphasizes the need for a well-defined carbon market to enhance environmental integrity amidst ongoing negotiations at COP29.
- The upcoming COP30 in Brazil presents an opportunity to address climate complexities in the Amazon while navigating significant logistical challenges.
Deep dives
The Role of Brazil in COP29 and Future Climate Negotiations
Brazil aims to strengthen multilateralism and show leadership in climate negotiations, particularly during COP29 and the upcoming COP30. The focus is on achieving practical outcomes related to issues like Article 6, where officials believe that a well-defined carbon market can enhance environmental integrity. Brazil's Secretary for Climate has emphasized the need to address the credibility of existing carbon credits, especially renewable energy credits that may not adequately contribute to effective climate action. Preparing for the next conference in Belém, Brazil faces the challenge of balancing its oil production growth with ambitious climate commitments.
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