Brazilian state-owned companies sign commitment to promote a just energy transition | COP30 Amazon

“There is no environmental transformation without an effective state. And no effective state in the 21st century is able to achieve this transformation without direct and indirect business tools. And (in this context), the actions of our (state-owned) companies are fundamental.” Minister of Administration and Innovation in Public Services, Esther Dweckat the opening of the session that was held in the Brazilian Pavilion, which is located in the “Blue Zone” of Conference of the Parties 30.

In the document, companies commit to a series of initiatives aimed at sustainable development. Among them, supporting policies for transitioning to a low-carbon economy and working to anticipate, prevent and mitigate the effects of climate disasters, as well as enhancing the ability of institutions to respond to the needs of affected populations.

They must also integrate the fight against climate change and the concept of a just energy transition into their policies, in addition to taking into account the rights of workers and communities.

SOEs will also seek to boost local economies and generate income through policies that encourage sustainable development and a just and inclusive transition.

The duration of the commitment also includes strengthening knowledge and innovation ecosystems; The plan to activate urban policies that promote energy efficiency and reduce emissions; And work to ensure adequate housing for residents. All of these are important topics for the government of President Luiz Inacio Lula da Silva, who sees state-owned companies as an engine for economic and social development.

In the agricultural sector, companies have committed to giving priority to agricultural practices that combine productivity with environmental conservation and regeneration.

The agreement was signed by all federal state-owned enterprises, including Itaipu and mixed economy companies, such as Banco do Brasil. The announcement will be open so that public companies from other countries can also join.

The event was attended by the following leaders from Brazilian public companies: Tarciana Medeiros, Banco do Brasil; Carlos Vieira, Caixa Econômica Federation; Aloisio Mercadante, BNDES; Inio Ferry, Itaipu Binacional; and Wanger Rocha, Banco de Nordeste.