- President of the United States of America Barack Obama and President of Brazil Dilma Rousseff issued a joint statement on climate change on 30 June 2015 in Washington, the USA.
- Both the countries jointly committed to work on reducing greenhouse gas (GHG) emissions and to protect bilaterally the planet from the adverse effects of climate change.
- Both the countries committed to increase the share of renewables (beyond hydropower) by 20 percent by 2030 in their electricity matrices.
- This implies that the United States and Brazil will need to triple and double their share of renewable energy respectively, in the next 15 years.
- US being the second and Brazil being the seventh top greenhouse gas (GHG) emitter, respectively, their commitments have significant implications on the global long-term transition to low-carbon economies.
An important step further:-
Three areas of cooperation except energy sector, take this relationship even further, including:-
- Cooperation on sustainable land use, which includes the launching of a Binational Program on Forest and Land Sector;
- Cooperation on clean energy, to expand research on renewable energy, energy efficiency, and deepening existing partnerships; and
- Cooperation on adaptation to climate change to enhance collaboration related to adaptation planning and resilience, among others.
There are six key issues that were supposed to get discussed during this agreement but were not clarified. Those were actually related to
- Brazil’s target for 20 percent non-hydro renewable energy electricity generation by 2030.
- Brazil is not rolling out a full economy-wide target for emissions reductions.
- A sector-specific target on transport is missing which is nearly half of Brazil’s energy sector emissions.
- There was no zero net deforestation pledge.
- Brazil’s huge offshore “Pre-Salt” fossil fuel reserves are turning the country into a major oil producer and exporter.
- Any mention on target for emissions per person was entirely missing in discussion.