The United Kingdom Embassy and three British ministries, along with the Brazilian National Bioeconomy Secretariat, announced this week the establishment of eight new strategic partnerships in the area of climate and environment.
Through International Climate Finance (ICF), the country has already invested £510 million (more than R$3 billion) and has become one of the main financiers of the sector in Brazil.
The event celebrated one year of the UK-Brazil Partnership for Green and Inclusive Growth, launched in 2023. The partnership includes knowledge sharing, political cooperation, support for sustainable development and energy transition projects, and support in the fields of science and business. area.
“The United Kingdom and Brazil believe that climate change increases inequality and environmental change brings great opportunities for economic growth, but it must be fair and equitable by reducing poverty. The United Kingdom is the first major economy to halve emissions while its economy grew by 79%,” said British Ambassador to Brazil Stephanie. Al-Khaq said.
The eight partnerships announced are part of UK PACT, one of the programs implemented by the United Kingdom in Brazil. They are:
– Support the Ministry of Finance in the construction of a new environmental change program;
– Support the Ministry of Environment and Climate Change in setting up the new Brazilian bioeconomy strategy;
– Support the Ministry of Rural Development and the Ministry of Finance in reviewing the sustainability criteria of the Safra project;
– Support to the Ministry of Finance in the construction of the new Environmental Change Program;
– Support to the Ministry of Science and Technology in setting up a green investment pipeline considering the Technology Needs Assessment Study.
– Support Caixa in mobilizing green investments for Brazil;
– Support to BNDES in mobilizing green investments for Brazil;
– Support the State of Minas Gerais in mobilizing green investments to implement its Climate Action Plan goals;
The United Kingdom is Brazil's second largest partner in scientific cooperation, demonstrating once again its willingness to develop solutions and resources to mitigate the effects of climate change in Brazil.
“We want a partnership that mutually promotes our national priorities and is based on solid, respect. Less than a year into the partnership, we are already delivering concrete results and we want to do more,” noted the British ambassador.
COP-COP Dialogue The United Kingdom shares with Brazil the experience and lessons learned from hosting COP26 in 2021 and intends to continue cooperation in preparation for COP30. Also, in partnership with the Climate and Society Institute (ICS), the British government will support Brazilian civil society to prepare for the event through international dialogues.
More information on UK support for Brazil in the climate area:
https://www.gov.uk/government/news/icf-brazil
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