Fossil Fuels Subsidies in Brazil: know, assess and reform (5th edition)

11/16/2022, 6:30 AM (updated on 06/28/2023, 3:26 PM) | Estimated reading time: 2 min
Fifth edition of the study “Subsidies to fossil fuels: know, assess and reform”, with data for the year 2021.

The gradual departure from fossil fuel use toward energy transition is key for facing the climate crisis. The Intergovernmental Panel on Climate Change – IPCC’s sixth report has highlighted how pressing it is to move toward ambitious emission cuts in the short term in order to have a chance to limit the rise in global temperatures to 1.5 °C by the end of the 21st century: the world needs to reduce by 43% its emissions from coal, oil and natural gas burning by 2030, compared to 2019. However, moving in the opposite direction to this urgent matter, according to the Organization for Economic Cooperation and Development – OECD and the International Energy Agency – IEA, incentives to fossil fuels around the world almost doubles in 2021, reaching 697.2 billion dollars, a 92.4% increase compared to 2020.

In this context, we release the fifth edition of the study “Subsidies to fossil fuels: know, assess and reform”, with data for the year 2021. Despite having a relatively clean energy and electricity matrix, Brazil has a strong structure of subsidies to fossil fuels, which encourages both production and consumption of oil, natural gas and mineral coal in the country.

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Fossil Fuels Subsidies in Brazil: know, assess and reform (5th edition)

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As soy moves forward: impacts of Hidrovias do Brasil in Itaituba, Pará

03/10/2023, 5:51 PM (updated on 06/28/2023, 2:55 PM) | Estimated reading time: 1 min
A series of socio-environmental violations have taken place at Hidrovias do Brasil's operations in Pará, dossier reveals

This Dossier is a document published by Inesc, based on complaints filed by residents of the region, and it reveals that Hidrovias do Brasil does not comply with the measures to mitigate the negative impacts of its operations in the Itaituba region. Hidrovias has IFC – the investment arm of the World Bank in the private sector – among its main investors.

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[Português] Enquanto a soja passa: impactos da empresa Hidrovias do Brasil em Itaituba (PA)

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[English] As soy moves forward: impacts of Hidrovias do Brasil in Itaituba, Pará

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[Português - Resumo] Enquanto a soja passa: impactos da empresa Hidrovias do Brasil em Itaituba (PA)

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