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1、MEETING BRAZIL SPOTENTIAL AS AGREEN ECONOMY2ZTHE WORLD BANKI l WORLDBANKGROUPDECwww.woridbank.org 2022-i.cPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure Authorizedits energy sector(one of theGobal cimte change and local most difficult to decarbo
2、nize wor.dwide)areadyactivities may contribute to reach e comprises e considerebe share of renewebles,tipping point beyond which arge areas and most of Brazi s GHG emissions come from enabe Brazil to growof the Amezon basin wou.d no onger land conversion and agriculture,which mekes its economy and.e
3、ad to a greener,be able to provide crucial ecosystem emissions reduction e relatively low-cost option.richer,more susteinebe and incusiveservices,causing irreversible damage Based on Brezils experience and techno ogy on future.to the structure of the biome.low energy/forest management,Brazil is in e
4、 greatposition to export services and techno ogies andbecome e gobl leader in cimte change.BRAZIL POLICY NOTES 2022|Mecting Brazss potental as a gren economny,incuding trade policy including two main areas:(1)appropriate including(i)curbing deforestationreforms to integrate in gloo.va ue pricing,thr
5、ough subsidy reforms and fisca and scaling up cimate-informedchains oeyono commodities and re-reforms(including carbon pricing andscape management(ii)balance Brazila growth mode,icrease mechanisms)to aign economic incentives;transitioning to greener and resikenteffcency along critcal vale chains,and
6、(ii)measures for resikence and a just energy,transport,and infrastructuredevelop competitiveness in green vaue transition,which incudes investment in for industries and manufacturing,cna:ns,leverage its low-carbon energy peoples heath and education,as wel as and(iii)enabing resilient and ow-matri to