Brazil

Overview

Senior Representative

Mariana Espécie

Special advisor to Ministry of Mines and Energy

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Role in Mission Innovation

• Member of the Integrated Biorefineries Mission
• Supports the Green Powered Future Mission
• Contributes to the Innovation Platform (Insights module)

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News and events

• [June 2, 2021] Brazil joins Mission Innovation members in launching MI2.0 and a decade of clean energy innovation to accelerate achieving the Paris Agreement Goals
• Brazil celebrates Mission Innovation’s 5-year anniversary

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Participation in MI’s first phase

• Co-led the Sustainable Biofuels Innovation Challenge
• Participated 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

Resources:

• (first phase) PLANS AND PRIORITIES
• HIGHLIGHTS IN 2018
• HIGHLIGHTS IN 2019
• (first phase) INNOVATION BREAKTHROUGHS

Clean Energy Innovation investment (MI 1.0)

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

*Figures in the spending chart are based on USD exchange rates in 2021.

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.