Climate Journal: There is money for the energy transition. It just needs to be allocated
NOVA YORK – “Enquanto a agenda climática no mundo diminui, ela cresce no Brasil.” A frase de Mário Gouvêa, o Secretário do Tesouro Nacional, sintetiza as discussões ocorridas no encontro organizado pelo Brazil Journal ontem, durante a Climate Week. O evento reuniu membros do governo federal, gestoras e grandes empresas para discutir a transição do […] The post Climate Journal: Há dinheiro para a…
The Brazilian government is making progress in its transition to a low-carbon economy, with the Climate Fund operating at an average of R$400 million per year from 2009 to 2023, but this amount is considered insufficient. The government has issued green bonds, increasing the fund's volume to R$10 billion in 2024, R$14.5 billion in 2025, and R$27 billion in 2026.
However, experts gathered at the Climate Week event, including Secretary of the National Treasury Mário Gouvêa and Minister of Environment and Climate Change João Paulo Capobianco, agree that more needs to be done to involve the private sector in this transition. Over R$14 billion in investments have been committed for the next years, but there is a need for more projects to allocate these resources.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
