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In 2010, a year after the United Nations Conference on Climate Change in Copenhagen, Denmark, Brazil set an example for other countries by taking on a bold and voluntary commitment to reduce, by 2020, its projected greenhouse gas emissions from 36.1% to 38.9%.
Watch an interview with Izabella Teixeira, Brazil’s Environment Minister, on the nation’s record in reducing greenhouse gas emissions and other environmental policy achievements during the Dilma administration
Learn more about the plan’s goals:
Learn more about the objectives of Brazil’s National Climate Change Plan:
Additional highlights include national climate policy initiatives to conserve and support the recovery of national biomes, consolidate and expand protected areas (especially in the Amazon), increase energy efficiency and continue to increase the supply of renewable energy sources.
Established in 2011, Brazil’s National Climate Change Fund (Climate Fund) has since invested R$ 170 million (US$ 60 million), of which R$ 90 million (US$ 32 million) has been made available in the form of grants, while R$ 80 million (US$ 28 million) has been offered as financing for initiatives.
The fund supports mitigation of the effects of climate change and adaptation projects for vulnerable populations, as well as the establishment of guidelines and other instruments that will enable the implementation of Brazil’s National Climate Change Policy.
With approximately R$ 520 million in cash to finance private initiatives, the Climate Fund supports urban mobility and energy efficiency projects, and is one of the main features of the Inova Sustainability Program, which is a joint venture of the Brazilian Development Bank (BNDES), the Brazilian federal government’s Funding Authority for Studies and Projects (FINEP), as well as the nation’s Environment Ministry and its Ministry of Science, Technology and Innovation. The Inova Sustainability Program has received 196 business plans from 136 leading companies that are seeking total funding of R$ 5 billion.
With its grant-making resources, the Climate Fund is supporting 180 projects from 40 public institutions and private non-profit entities. Through the construction of laboratories, as well as the acquisition of greenhouse gas emissions monitoring equipment and systems, and systems for the collection and analysis of climate and meteorological data, among others investments, the collective efforts of these organizations are contributing to the further development of Brazil’s National Climate Change Policy.