Brazil is set to showcase its leadership in sustainable energy at the upcoming G20 summit in Rio de Janeiro on November 18-19, 2024. With an impressive 89% reliance on renewable energy, President Luiz Inácio Lula da Silva is steering Brazil to the forefront of the global energy transition, setting an example for other nations to follow.
The Brazilian government, under the leadership of Minister of Mines and Energy Alexandre Silveira, is emphasizing the importance of renewable energy and moving away from fossil fuels. Despite the achievements in renewable energy, there are financial burdens on Brazilian consumers that need to be addressed.
Brazil Takes the Lead in Renewable Energy Among G20 Nations
Canada and France also stand out in the G20 when it comes to renewable energy. While Canada relies on hydroelectric power for 67% of its energy, France leads with a clean energy matrix. France has been reducing its nuclear power dependence and increasing its share of renewable energy, generating 92% of its electricity from clean sources.
Brazil’s commitment to sustainable development sets a significant precedent for other nations as it advocates for increased global investment in renewable technologies at the G20 summit, emphasizing energy security and sustainability.