Today, December 1st, Brazil began its term as president of the G20, the influential group that brings together the nineteen main global economies, in addition to the European Union and the African Union. This period of leadership, which will last until November 30, 2024, marks the first time that the country has held such a position. During this year, Brazil's priority focus is to promote the transition to sustainable energy, drive changes in global governance and redouble efforts to combat inequality and hunger.
The Earth faces significant environmental challenges, from polluting the oceans to destroying forests. In response, the global community mobilized, resulting in the Paris Agreement in 2015 aimed at limiting global warming. COP 27 reinforced the urgency of climate action, highlighting the need for food security and cuts in gas emissions.
This post explores the potential of green hydrogen as a renewable and sustainable energy source. It discusses its significance in decarbonizing the global economy, especially in sectors that are hard to electrify. Moreover, it underscores Brazil's promising role in this market due to its significant capacity for renewable energy generation.
Biomethane, a renewable fuel derived from organic waste, offers significant potential for Brazil to diversify its energy matrix while providing economic, social, and environmental benefits. By leveraging agricultural waste and animal manure as resources, biomethane production can reduce greenhouse gas emissions, support rural development, and improve energy security.
In 2022, Brazil reached a record in the generation of electricity from renewable sources. Hydroelectric, wind, solar and biomass plants were responsible for 92% of the electricity produced in the country. In addition to being clean and inexhaustible, renewable sources are also more sustainable and help reduce greenhouse gas emissions. The transition to renewable energy is essential for decarbonization and reducing social impacts.
In 2022, even with increased energy demand in some countries, emissions from the energy sector are expected to decrease. The data is from the International Energy Agency (IEA) Electricity Market report, which points to a drop in overall global electricity demand of 2.4%. Thus, the values should pull emissions from the energy sector down, pointing to a decline of 0.5%.