STATEMENT: Brazil Releases New 2035 Emissions Reduction Target

STATEMENT: Brazil Releases New 2035 Emissions Reduction Target

BAKU (November 13, 2024) - Today, Brazil announced its new commitment to reduce emissions by 59% to 67% by 2035, as compared to 2005. In absolute terms, this target translates to a reduction of 850 million to 1.05 billion tons of carbon dioxide equivalent by 2035. Also, compared to the previously established 2030 target, the ambition for absolute emissions reduction has increased by 13% to 29%.

Following is a statement by Karen Silverwood-Cope, Climate Director, WRI Brasil:

"Brazil's new climate target shows that it is ready to tackle the climate crisis head-on, as long as the country strives for the highest end of its emission reduction target. Cutting emissions by 67% by 2035 could put Brazil on a pathway to reach net-zero by 2050. Getting there requires bold domestic policies to halt deforestation and promote restoration, decarbonize its energy sector and foster green industry. Embarking on this journey to a new climate economy will create jobs, boost economic growth and avoid more dangerous climate impacts. The government must also ensure these actions promote social justice and build resilient communities.

"On the other hand, if Brazil only meets the low end of its emissions reduction target, the country will veer well off track from delivering on its climate goals. As host for next year's climate negotiations, President Lula has a responsibility to lead by example and aim high.

"Brazil's NDC relies heavily on its forests to meet its targets, focusing on combating deforestation while implementing the plan to restore 12 million hectares of native vegetation by 2030. Curbing deforestation and restoring forests at scale is absolutely crucial. Also, to position itself as a climate leader Brazil must make progress in the energy and agriculture sectors, which are projected to be major sources of pollution in the years to come."

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