This white paper presents the findings and recommendations of a First Movers Coalition workshop held in Brazil in October 2023, which focused on efforts to decarbonize the country’s hard-to-abate steel, aluminium and aviation sectors.
Given its abundance of resources, size and location, Brazil has the potential and capacity to become a world leader in the near-zero carbon products. By 2050, the country plans to more than double its deployment of renewables by focusing on wind and solar. This volume of clean power – combined with the country’s potential to produce green hydrogen – will prove critical to decarbonizing Brazil’s heavy industries.
The First Movers Coalition was launched at COP26 as a partnership between the World Economic Forum and US Special Presidential Envoy for Climate to help decarbonize the world’s heavy-emitting sectors via private sector demand for decarbonization technology.
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This article was originally published in 2021. It was updated in November 2023.