CEBDS and CEOs of around 30 companies sign a document with climate targets that could generate up to US$ 17 billion for Brazil by 2030

By adopting a circular, low-carbon and inclusive economy model, Brazil could see dramatic gains generated from nature-based businesses by 2030

 

Rio de Janeiro, April 13, 2021 – The Business Council for Sustainable Development (CEBDS) announces today, with the signature of the CEOs of more than 30 companies (see complete list below), the positioning “Climate Neutrality: A Great Opportunity”, which reiterates that a more ambitious goal of climate neutrality for 2050 will bring gains to Brazil in several segments: economy, with the generation of green jobs and growing investments in low-carbon solutions; commercial, with more solid negotiating power compared to its main competitors; environmental, encouraging the reduction of greenhouse gases (GHG); and reputational.

Moving towards green recovery is the only adequate way to be competitive, according to CEBDS president Marina Grossi. “Economically speaking, CEBDS believes that a total of up to US$ 17 billion can be generated in the country from business based on nature by 2030. The sector is already engaged, seeking the right choices now and directing investments to face and recover of the Brazilian economy in a circular, low-carbon and inclusive economy model, in which the benefits between producing and preserving are clear and represent gains for Brazil”, says the president of the Council.

CEBDS has led the Brazilian business sector due to the urgency to mitigate risks arising from climate change. “There are many challenges, but we are convinced that more ambitious goals will bring more opportunities for business development, resulting in more investments, tax collection and income generation for the private sector, Brazilian society and, consequently, the country. The Brazilian business sector understands that it has a fundamental role in overcoming such challenges and that the path goes through transparent and direct dialogue between the government, companies and civil society, which are crucial for the necessary advances”, reiterates the president of CEBDS, Marina Grossi.

 

Understand the scenario: the Paris Agreement and the Brazilian NDC

With the sole objective of reducing global warming, the Paris Agreement is a global treaty that was negotiated during COP21, in Paris, and was approved on December 12, 2015. It officially entered into force on November 4, 2016, record time for a climate agreement of this scale. Its measures and targets came into effect for all 195 signatory countries of the Agreement as of 2020.

With little time left for the COP-26, scheduled to take place in November, in Glasgow, Brazil, which has 20% of the world's biodiversity, needs to assume the role of protagonist in the climate agenda. The oceans and atmosphere warm more year on year because of massive gas emissions. The biggest villains in this story are the burning of fossil fuels and the deforestation of forests (responsible for renewing oxygen).

In 2015, Brazil ratified the Paris Agreement to reduce its greenhouse gas emissions. This commitment is fundamental for obtaining concrete results towards a low-carbon economy. In Brazil, the main NDC (Nationally Determined Contribution) goals are to reduce carbon dioxide emissions by 37% compared to 2005 emissions. The deadline for this is 2025, with an indication of reducing 43% from emissions by 2030

“We are in a decisive year for the climate issue, comparable to what it was in 2015 in relation to the Paris Agreement. Brazil – both in Leaders Summit on Climate, with President Biden, on April 22 and 23, and in Glasgow, in November – has a great opportunity to consolidate its role in this agenda and attract international capital, protecting its forest and generating value with the biodiversity we have.” “The signatories know that Brazilian companies have an unparalleled opportunity in this agenda, where there is a new market standard with the demand for low-carbon and inclusive products and services, meeting the ESG criteria”, completes the president of CEBDS.

 

PARTICIPATING COMPANIES

     CEOs of the following companies signed the document: Bayer, Braskem, Bradesco, BRF, CBA, DSM, Ecolab, Eneva, EQUINOR, Icare, Ipiranga, Itaú, JBS, Lojas Renner, Lwart Soluções Ambientais, Marfrig, Michelin, Microsoft Brasil, Natura, Schneider Electric, Shell, Siemens Energy, Suzano, Ticket Log, Tozzini, Vedacit, Votorantim Cimentos, Way Carbon. The initiative has institutional support: Amcham Brasil, ABAG – Brazilian Association of Agribusiness, CEBRI – Brazilian Center for International Relations, Coalizão Brasil Clima – Forests and Agriculture and ICC – International Chamber of Commerce.    

 

About CEBDS

The Brazilian Business Council for Sustainable Development (CEBDS) is a non-profit civil association that promotes sustainable development through articulation with governments and civil society, in addition to disseminating the most current concepts and practices on the subject. Founded in 1997, it brings together around 60 of the largest business groups in the country, responsible for more than 1 million direct jobs. It represents in Brazil the network of the World Business Council for Sustainable Development (WBCSD), which has almost 60 national and regional councils in 36 countries and 22 industrial sectors, in addition to 200 business groups that operate in all continents. More information: https://cebds.org/

 

Press service
Approach Communication

Lygia Freitas cebds@approach.com.br

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