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The Resurgence of the Brazilian North-East?
Billions in investments are expected to boost the Northeast's gross domestic product (GDP) and allow the local economy to grow faster than the Brazilian average in the long term. According to a study conducted by several national and international consulting firms, the region is expected to record average growth of 3.4 percent per year between 2026 and 2034, which is higher than the 2.5 percent recorded for the country during this period. Industrial development is important for Brazil, whose GDP continues to grow slowly and below the ideal rate of 4% per year, despite progress in the agricultural industry, the service sector, mining and the oil and gas sector. To stimulate growth, an expansion of the manufacturing sector is essential, as has happened in several countries. Therefore, the success of the NIB could be a turning point in national development.
How big is the environmental dilemma in switching to clean energy?
Explore the environmental dilemma in transitioning to clean energy in Brazil, Bolivia, Chile and Argentina, particularly focusing on mining projects in Latin America and Africa. Discover the complexities of mining essential ores and minerals for renewable energy technologies and the importance of a circular economy approach for sustainability.
As the world moves towards a cleaner energy future, the environmental impact of transitioning to renewable energy sources becomes a critical question. In the case of Brazil, this transition raises concerns about mining projects in Latin America and Africa, which extract essential ores and minerals for renewable energy technologies. This blog delves into the intricacies of this dilemma and explores opportunities for sustainability through a circular economy approach.
The global champ of renewable energy
The green energy matrix of Brazil is a rapidly evolving and diverse mix of renewable energy sources that are being utilized to power the country. Brazil has long been a leader in renewable energy, with a strong focus on hydroelectric power. In recent years, however, the country has made significant strides in expanding its use of other renewable energy sources, including wind, solar, and biomass.
Renewable energy is a positive comparative economic factor of the nation and positions the country in the Champions League for sustainable production. Unfortunately, this factor is overlooked by very many companies and not incorporated into the strategic scenario of a global strategy.