Brazil has announced a groundbreaking national policy for energy transition, with a vision to draw R2 trillion ($364.2bn) in investments over the upcoming decade. Energy minister Alexandre Silveira highlighted the government's commitment to fostering a green economy through the incorporation of diverse renewable sources like wind, solar, hydro, biomass, and green hydrogen. The policy, backed by the National Energy Transition Plan, aims to collaborate with various entities including the International Energy Agency and Brazil's development bank to bolster industry participation in key sectors such as transportation, electricity, and oil & gas. This initiative also underlines the significance of establishing regulatory frameworks to address energy poverty and disparities while attracting investments. Furthermore, the creation of the National Energy Transition Forum will provide a platform for both public and private sector representatives to engage in dialogues and contribute to shaping the policy. The approval of this plan by Brazil's National Energy Policy Council signifies the country's commitment to a sustainable future, as emphasized by the government officials' statements on the necessity of a fair and inclusive energy transition.