9,774.49 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
34.09 USD USD USD
37.94 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.50 TRY Interest Interest
73.86 USD Fossil Oil Fossil Oil
30.80 USD Silver Silver
30.80 USD Copper Copper
90.64 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,814.59 TRY Gold (gr) Gold (gr)

Brazil reaffirms stricter greenhouse gas emission reduction targets

Brazil is reaffirming its stricter GHG emissions reduction targets under the Paris climate agreement, revoking its 2020 contribution and aiming for a net emissions reduction of 1.2bn t CO2e by 2030.

Brazil reaffirms stricter greenhouse gas emission reduction targets

Brazil is reinstating stricter greenhouse gas (GHG) emissions reduction targets announced in 2015 under the Paris climate agreement. The country's newly formed climate change committee (CIM) issued a decree revoking changes to Brazil's 2020 nationally determined contribution (NDC), made during the government of former president Jair Bolsonaro.

The previous NDC raised emissions levels of the 2005 base year to 2.8bn t CO2e t of CO2e from 2.1bn t CO2e, following a methodological change to the emissions inventory. With higher base-year emissions, Brazil's 2030 target net emissions increased to 1.8bn t CO2e from 1.2bn t CO2e.

The commissions' decision means Brazil will once again have a target of net emissions of 1.2bn t CO2e for 2030, a 43pc reduction from 2005 levels. The climate change committee, which includes representatives from 18 government ministries, has launched five decrees as Brazil works to bolster its image ahead of the Cop 28 meeting at the end of the year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

SteelRadar and Meraj Tejarat Atiyeh Steel came together at Ankiros Fair

Thursday, September 19, 2024

Germany's steel industry mobilizes for green transformation

Thursday, September 19, 2024

China ranks 1st in wire rod exports to Türkiye in January-July!

Thursday, September 19, 2024

Fuat Tosyalı Steel industry gained positive momentum in 2024

Thursday, September 19, 2024

Tokyo Steel announces price cut for October sales

Thursday, September 19, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now