Brazil’s Environment Minister Joaquim Leite argued that the country played a central role in negotiations at the 26th Climate Change Conference (COP26) in Glasgow, which set as a target to reach carbon neutrality by 2050.
The two main reasons leading small firms to invest in sustainability are its reputation among society and consumers (40%) and meeting regulatory requirements, also with 40 percent of replies. Cost reduction, with 36 percent, and the increase in competitiveness, with 34 percent, complete the list of items that most stimulate business people to adopt a sustainable agenda.
A variety of projects are expected in several fields with different purposes, like forest restoration, recycling, soil protection, and climate regulation.
The Petrobras–BNDES partnership will add up to an investment of $8.3 million over the course of five years, for reforestation projects through public procurement and shared management.
Brazil’s Environment Minister mentioned a study by Boston Consulting Group (BCG), according to which the world needs to invest $150 trillion in the next 30 years if it is willing to meet the targets of the Climate Agreement signed in Paris in 2015 and keep global warming in check.
Português 
Español 
