FINANCING AND PRICING
To couple financing to the presence of effective measures of reducing greenhouse gas emissions (GGE) and to stimulate the low carbon economy, recognizing the social, environmental and economic values of actions of mitigation, reduction and removal of carbon, were also topics on the agenda at the meeting, both in the speeches and during the debates.
Everton Lucero, from the Ministry of the Environment, assesses that the Brazilian LTSs should consider, as a priority, the sectors of energy (37% of the emissions) and agriculture and cattle raising (31%), as well as deforestation (18%). In order to achieve this, intersectoral articulation and an environment of legal security and transparency that attract investments are fundamental.
The presentations were followed by high level debates with the audience. They asked questions about the challenges of implementing and monitoring measures and the urgency to develop formulas of financial stimulus for the reduction of emissions. They also raised concerns about the current Brazilian political and institutional environment and the difficulties to be overcome in the preparation of the LTSs.
Alfredo Sirkis, from the Brazilian Climate Change Forum, and Carlos Rittl, from the Climate Observatory, mentioned the stimulus to low carbon industry as a condition for international competitiveness, the encouragement of innovations and the creation of new models of financing, taxation and bonuses.
Mário Sérgio Vasconcelos, director of Institutional Relations of FEBRABAN, an association that brings together 90% of the assets of the banking sector in Brazil, bets on the competitiveness and the advantages of Brazil over other nations, such as, for example, the capability to supply the demand for food internally and the clean energy matrix, when compared to other countries.
Specialists from Brazil, Mexico and Germany, as well as the representative from the European 2050 Platform, met in Brasília, on June 2, 2017, to debate ways to build Long Term Strategies (LTSs) for a low carbon economy. The event counted with the partnership of the Brazilian Climate Change Forum.
PLAN TODAY THE FUTURE THAT WE WANT
Climate change, social development and sustainability are inseparable topics. This was the tone of the meeting. To invest and to act to reduce global warming is more than a responsibility of all nations. It is a unique opportunity to propel the evolution towards a socially fair and sustainable economy.
THE CLIMATE CAN HELP BRAZIL TO CONSIDER ITS LONG TERM, SUSTAINABLE AND EQUITABLE DEVELOPMENT MODEL.
Executive Director of the Climate
and Society Institute
GOVERNANCE AND PARTICIPATION
The academic role in the production of innovations, in the evaluation and in the backing of long term strategies, was also given prominence in the speeches.
Mexico reported an experiment of scientific cooperation with the Massachusetts Institute of Technology (MIT), in which it had developed a model to trace sectorized trajectories of the reduction of greenhouse gas emissions (GGE).
The Brazilian Ministry of the Environment also mentioned the importance of the partnership with research organizations, such as the IPEA and the IBGE, connected with the development, backing and monitoring of the LTSs.
THE CHALLENGE OF BRAZILIAN LTSs
Governance was a widely debated topic. Sectors such as infrastructure, energy, environment, mobility, housing, health and education need to harmonize interests and outline intersectoral and multisectoral plans, actively involving universities, governments, public administrators, the private sector, trade unions and civil society.
Emmanuel Guerin presented the 2050 Platform, which was launched during the COP22 in Marrakesh. It is an instrument designed to facilitate the construction of the LTSs of countries, cities and companies, with the participation of society, organizing the dialogue, providing technical assistance, translating long term targets into actions and attracting finance.
“The way out of the red of the economic crisis is in the green of the decarbonized economy, it is in the green of the elimination of the deforestation, and it is in the green of forestry restoration, of renewable energy and of low carbon agriculture.”
Executive Secretary of the Climate Observatory
“All economic agents make their decisions based on prices. Place the prices and you will immediately have the reaction of society (...) 16.5% of the credit operations for a legal entity from 14 banks, which represent 87% of the credit, are already in the green economy. We will measure this every year.”
Mário Sérgio Fernandes de Vasconcelos
Director of Institutional Relations of FEBRABAN
“The German economy is growing because we are capturing new markets. It is an economy that has the best performance in Europe. At the same time, it is reducing its emissions. This defeats the myth that climate change can only be fought against with costs for development.”
Director General of Climate Policies, European and International Policy at the Federal Ministry of the Environment, Nature Conservation, and Nuclear Construction and Safety, Germany.
“If we consider a long term perspective, what we need is to appreciate the standing forest and to appreciate it economically. To create instruments to allow the owner of the area to benefit from maintaining his forest standing.”
Everton Frask Lucero
Secretary of Climate Change and Forestry of the Ministry of the Environment
Fotos: Ana Rezende
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