Building a Transformative Clean Energy Alliance for Economic Growth
Key Ideas
  • Brazil and the United States aim to enhance their industrial and economic capacities through clean energy transition while aligning with the Paris Agreement's goals.
  • The partnership focuses on clean energy production, technology supply chain development, and green industrialization to drive sustainable growth and decarbonization.
  • Efforts will include cooperation on clean hydrogen production, renewables, sustainable aviation fuel, critical minerals processing, and carbon management technologies.
  • The initiative intends to create clean energy jobs, expand supply chains, drive technological advancements, and attract investments in climate resilience and deforestation combatting.
Brazil and the United States have announced a strategic partnership to advance a climate-forward clean energy initiative aimed at fostering economic growth, job creation, and emissions reduction in line with the Paris Agreement. Both countries have set out ambitious policies and legislation to accelerate their transition towards clean energy. Brazil's 'Nova Indústria' policy focuses on industrial capacity building, bioeconomy decarbonization, and energy security, including the National Hydrogen Program. In comparison, the United States is driving clean energy supply chain diversification and manufacturing growth through legislative acts like the Bipartisan Infrastructure Law. The partnership emphasizes three pillars: clean energy production and deployment, clean energy technology supply chain development, and green industrialization. This collaboration will promote cooperation on clean energy technologies such as solar, wind, hydrogen, and zero-emission vehicles. By mobilizing public and private financing, the initiative aims to generate benefits like creating clean energy jobs, expanding supply chains, driving technological innovations, and attracting investments in climate resilience. The partnership will also enhance coordination between public and private sectors, aiming for a net-zero emissions future. Through this alliance, Brazil and the United States intend to lead the global energy transition by aligning incentives and promoting inclusive and sustainable economic growth.
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