Efforts for climate sustainability and alternatives to achieve the environmental goal towards sustainable recovery were some of the issues discussed during a meeting held last week in Bali, Indonesia, by ministers of the Environment and Climate of the 19 richest countries in the world and the European Union (G20).

Brazil was represented by the Minister of the Environment, Joaquim Leite, and the Secretary of Climate and International Relations, Marcus Paranaguá. The passage through the archipelago was marked by meetings with important international organizations, such as the Organization for Economic Cooperation and Development (OECD) and authorities from other countries.

Minister Joaquim Leite and Secretary Marcus Paranaguá dealt with the creation of the regulated carbon market, the Brazilian experience in reverse logistics and the main actions in the decarbonization route of the economy. The joint work aimed at the inclusion of Brazil in the OECD was also addressed.

During the G20 meeting, Leite and Japanese Environment Minister Akihiro Nishimura talked about the integration of the regulated carbon market between Brazil and Japan. In July, the minister welcomed Japanese Ambassador Teiji Hayashi to conclude a bilateral agreement between countries to promote the regulated carbon credit market. The countries were the first to sign a protocol of intent to this effect since the adoption of Article 6 of the Paris Agreement at COP26 in Glasgow (Scotland) in November 2021.

MMA representatives also highlighted the joint work with U.S. Special Climate Envoy John Kerry, who is part of the Working Group aimed at achieving immediate results to reverse deforestation in the Amazon by combating national and international crimes of wildlife trafficking, illegal mining, and illegal logging.

The launch of the National Emission Reduction Program (Methane Zero) made Brazil the first country to transform commitments made during COP26 into concrete measures, with exemption from federal tax, creation of the concept of methane credit and specific financing with the objective of fostering the structuring of the sector, with an exclusive focus on organic waste from the pig sectors,  poultry, dairy products, sugarcane and landfills, measures that can reduce by more than 30% of brazil's total methane emissions.

"While the energy sector accounts for more than 70% of global CO2 emissions, Brazil has made significant progress in this area. We have already made our electrical transition with 85% renewable", says the ministry.

Source: Jornal Cana