Rousseff Pledges to Cut Brazil's Carbon Emissions 37% by 2025
- Brazil will increase share of renewables in its energy mix
- Decarbonizing economy offers opportunity for growth, NGO says
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Brazil will cut its contribution to climate change by reducing carbon emissions 37 percent by 2025 compared to 2005, President Dilma Rousseff announced, just days before a deadline for countries participating in December’s global climate summit in Paris.
The South American country, custodian of the world’s largest tropical rainforest and Latin America’s biggest economy, will also seek to lower emissions 43 percent by 2030, Rousseff told leaders gathered at the United Nations on Sunday. The announcement comes as Brazil is forecast to suffer its first back-to-back annual recession since the 1930s.