The very first action that US President Joe Biden took upon his inauguration yesterday was to bring the United States back to Paris Agreement. For Brazil, the Democrat's message is a great opportunity and an important signal that it is urgent to implementation of our carbon market. Brazil is already prepared to adopt carbon pricing with climate integrity, protection of competitiveness and transparent and participatory governance. And CEBDS has been leading the construction of a proposal for a mandatory domestic carbon market developed over several events and consultations with its members. In addition, we urgently need to implement targets for the elimination of illegal deforestation, especially in the Amazon. The year 2020 was already marked by the enormous movement led by CEBDS and the business sector, which resulted in Notice from the Brazilian Business Sector.
Biden also ordered federal agencies to begin reviewing and reinstating more than 100 environmental regulations that were weakened or canceled by former President Donald Trump. The measure is an attempt to repair the damage done by the Republican during his administration, when he did everything he could to weaken not only the main domestic carbon reduction goals but also to avoid controlling the climate crisis. “We are going to fight climate change in a way we have never done before,” said Biden. The new president’s priorities also include combating the crisis caused by the coronavirus pandemic, economic recovery and combating racial injustice. The year 2021 will continue to be a period of enormous challenges and will require firm and concrete actions. We must assume our leading role in sustainable development.
