Clean energy innovation steps up a gear in Brazil
Channel: International Energy Agency
Date: 2023-05-31

Find out more: https://iea.li/BrazilCleanEnergy

Long a major player in hydropower and biofuel technologies, Brazil is now seeking to expand into hydrogen and other low-emissions solutions.

Brazil accounts for almost 7% of the planet’s renewable energy production – outpacing its 3% share of the global population and 2% share of global GDP – and has long been a leader in biofuels and hydropower technologies. The country is now seeking to expand its energy innovation into new technological areas: its recent National Hydrogen programme and Fuel of the Future programme both place research and development (R&D) among their core pillars.

Helping governments spur R&D in cost-effective and practical clean energy technologies lies at the heart of the IEA’s mandate. For emerging and developing economies – and many other countries with shorter legacies of energy technology innovation – this requires not only simply increasing R&D spending but often also nurturing more supportive innovation systems. Innovation can help these nations position themselves in global clean energy technology value chains, thereby boosting economic growth and accelerating global efforts towards climate goals. The experiences of emerging and developing economies can also inform energy, innovation and climate policy worldwide.

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