2030 Goals
Brazil submitted its updated Nationally Determined Contribution in 2024, setting a target to reduce emissions by 59 to 67 percent by 2035. Achieving this requires major reductions, as national emissions remain among the highest globally.
Land use continues to drive emissions, largely from deforestation and weak enforcement, although restoring 21 million hectares could remove more than 500 million tonnes of carbon dioxide equivalent.
Brazil has not defined detailed sectoral pathways, annual milestones, or a full net-zero strategy for 2050, which limits clarity for investors and weakens accountability.
The National Climate Plan of 2023 and the Pact for Ecological Transformation of 2024 outline cross-sectoral climate strategies and green investment programs. Both provide political momentum, but implementation remains incomplete and dependent on new regulations and funding mechanisms.
A national emissions trading system is under design, expected to launch by 2025 to regulate energy-intensive industries and provide a domestic price signal for industrial decarbonization.
The Brazilian Sustainable Taxonomy had its final version approved, with a binary approach and interoperability with foreign taxonomies, intended to increase standardization and clarity for investors.
The Arc of Restoration aims to transform the Amazon’s “Arc of Deforestation” by restoring 6 million hectares by 2030 and 24 million by 2050 across 50 municipalities in seven Brazilian states.