CEBDS, in partnership with Apex, brought together companies and government to debate “The Path to Low Carbon Development” this Friday morning at COP23, in Bonn, Germany. The event also marked the launch of the publication Green Bonds – Ecosystem, Issuance, Process and Regional Perspectives.
“The business sector came to show at this side event how it is positioning itself and what it is already doing, with technologies that truly reduce greenhouse gas (GHG) emissions. Our companies, in different sectors, show that we are a benchmark, not only in Brazil, but throughout the world”, said the president of CEBDS, Marina Grossi.
Marina highlighted the work that CEBDS has been doing on issues of carbon pricing, Green Bonds It is implementation of goals assumed by Brazil in the Paris Agreement.
Afterwards, Ambassador José Antonio Marcondes de Carvalho, chief negotiator of the Brazilian delegation at the Climate Conference, praised the role of CEBDS in building the 2002-2030 agenda and addressed the efforts that Brazil has been making to get its commitments off the ground. Check out the speech in full.
The coordinator of the CEBDS Energy and Climate Change Thematic Chamber, Laura Albuquerque, presented the assessment on how the contribution presented by Brazil to the Paris Agreement could restructure the country's production system, with an emphasis on five sectors: energy, transport, agriculture , forests and industry. This assessment was summarized in the publication Opportunity and Challenges of the Brazilian NDC goals for the Business Sector.
The representative of the German cooperation agency, GIZ, Alexander Linke, addressed the importance of Green Bonds and launched the publication Green Bonds – Ecosystem, Issuance, Process and Regional Perspectives, the result of a global project by GIZ and the Swedish bank SEB, of which CEBDS is a partner in Brazil. The study presents an overview of Green Bonds in the Brazilian context, addressing the ecosystem in which this market has been developing, the main actors involved, the issuance process and the challenges of expanding this debenture in the country.
Next, Jorge Soto, from Braskem; David Canassa, from Votorantim; and Juliana Ribeiro, Grupo Boticário, presented the cases of their respective companies in mitigation and adaptation to climate change.
Gabriela Burian, from World Business Council For Sustainable Development (WBCSD), presented the Climate Smart Agriculture and its positive impacts on Brazilian GHG reduction targets. The project will be launched in Brazil, by CEBDS, on November 29th.
Nicolette Bartlett, from CDP, closed the presentations by talking about internal carbon pricing and its role as an element in the transition to a low-carbon economy.
