Brazil

Overview

Role in MI

• Co-leads the Sustainable Biofuels Innovation Challenge
• Participates in the:
  • Smart Grids Innovation Challenge
  • Off-Grid Access to Electricity Innovation Challenge
  • Converting Sunlight Innovation Challenge
  • Affordable Heating and Cooling of Buildings Innovation Challenge

Progress towards doubling public investment

Country-determined baseline year: FY 2015
Baseline funding amount: BRL 600 million (USD $150 million)
Doubling target year: FY 2020
Doubling target amount: BRL 1.2 billion (USD $300 million)

Find out more about how Brazil’s baseline and doubling are calculated

This is the result of an effort to consolidate and organize investment data about public and public-oriented projects in clean energy. This database includes all projects approved by ANP and ANEEL in 2018 under the investment mandates, as well as BNDES public financing.

For cross-cutting power sector themes, they were allocated only partially as clean energy investments, adopting the % of renewable energy in the Brazilian electricity mix as a proxy.