Low-carbon recovery is the best option for Brazil
August 14, 2020
Prioritising biodiversity conservation and a low-carbon economy makes sense for Brazil: 1) it's most dynamic economic sectors are reliant on fragile ecosystem services 2) the long-term consequences of the alternative would be disastrous 3) avoiding trade and investment disruption from international interference.
A new study – A New Economy for a New Era: Elements for Building a More Efficient and Resilient Economy in Brazil – finds that a low-carbon, climate-resilient recovery for Brazil would provide more benefits for the country than continuing the current development model. Compared to business-as-usual a low-carbon economic recovery could provide:
- A net increase of over 2 million jobs
- GDP gain of $535 billion
- Restoration of 12 million ha of degraded pasture
- $3.7 billion in additional agricultural production
- 42% reduction in greenhouse gas emissions in 2025 compared to 2005
- More resilient livelihoods and food security
- And more…
Read the World Resource Institute’s summary of its work with the New Climate Economy here.