Brazil

Overview

Alexandre Silveira

Minister of Mines and Energy

Senior Representative

Mr. Thiago Barral, Executive President
Energy Research Office (EPE) / Empresa de Pesquisa Energética


Role in Mission Innovation


News and events


Participation in MI’s first phase

Resources:

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.