Brazil
PAGE in Brazil
Brazil, the largest country in South America, holds a diverse economy as an important agricultural producer, leading producer of minerals and industrial exporter. The country is well positioned to exploit new growth opportunities as the world shifts to low-carbon economic sectors and markets, since the country already has one of the cleanest energy matrices in the world and abundant natural resource wealth. However, the country faces urgent environmental challenges, including biodiversity loss and deforestation, which threaten both livelihoods and economic stability. Since 2024, PAGE is supporting Brazil to implement new policies that embed environmental concerns in long-term growth and promotes the ecological transformation towards a greener and inclusive development.
Addressing the environmental challenges in Brazil requires a balanced approach that promotes economic growth while ensuring ecological sustainability. Since 2024, PAGE has been supporting the Brazilian Federal Government in the Ecological Transformation Plan (ETP), through the Ministry of Finance in collaboration with other ministries, in modelling the potential economic, environmental and social impacts of the ETP. With essential analytical and technical expertise, PAGE aims to assess ETP’s potential in terms of national sustainability goals and international commitments, particularly in relation to job creation, GDP growth, poverty alleviation, and climate resilience.
This effort was launched with a comprehensive modelling exercise to determine the macroeconomic impacts of the ETP from 2020 to 2050, using a dynamic input-output framework. The analysis covers key sectors, including agriculture, energy, and transport, and evaluates their economic, social, and environmental impacts. With its global response mechanism ready to tackle urgent requests for economic policy advisory support, PAGE provides a timely solution for implementing Brazil’s actions across the Plan’s six thematic axes: Bioeconomy, Technological Densification, Green Infrastructure, Energy Transition, Circular Economy, and Sustainable Finance.
PAGE Milestones
- 2025
PAGE presented the results of the assessment of the macroeconomic, social and environmental impacts of the ETP.
PAGE promotes capacity development activities to strengthen institutional capabilities in green macroeconomic modelling.
- 2024
PAGE implementing partners started modelling the impacts of the ETP.
- 2023
The Brazilian Federal Government established the Ecological Transformation Plan (ETP).