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Montevideo, March 29th 2024 - 00:54 UTC

 

 

UK and Brazil sign launching of the Partnership for Green and Inclusive Growth

Saturday, May 27th 2023 - 08:00 UTC
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Foreign Secretary James Cleverly. and Minister of Foreign Affairs of Brazil, Mr. Mauro Vieira Foreign Secretary James Cleverly. and Minister of Foreign Affairs of Brazil, Mr. Mauro Vieira
Minister of Environment and Climate Change of Brazil, Ms. Marina Silva Minister of Environment and Climate Change of Brazil, Ms. Marina Silva

Brazil and UK signed this week a Joint Declaration launching the Partnership on Green and Inclusive Growth on the occasion of the official visit to Brazil of the Secretary of State for Foreign, Commonwealth, and Development Affairs of the United Kingdom of Great Britain and Northern Ireland, Mr James Cleverly.

Present at the ceremony were the Minister of Foreign Affairs of Brazil, Mr. Mauro Vieira, the Minister of Environment and Climate Change of Brazil, Ms. Marina Silva and Foreign Secretary James Cleverly.

Building on the historic collaboration between our two countries, Brazil and the United Kingdom declared their commitment and willingness to address the global climate crisis, promote sustainable development, and foster a just and inclusive ecological transition. They also reiterated the importance of fulfilling the 2030 Agenda and its Sustainable Development Goals (SDGs).

The Partnership will drive strengthened cooperation and dialogue, initially on 5 pillars.

Climate: Implementing ambitious NDCs and adaptation strategies - including for the protection of oceans and coastal zones-, Net Zero goals and targets, and a COP-to-COP exchange, under the United Nations Framework Convention on Climate Change (UNFCCC) mandate

Forests: Fostering biodiversity goals, combating deforestation, tackling illegal gold supply chains, promoting socio-bioeconomy and non-timber products, with a view to promote the rights and engagement of indigenous peoples and local communities.

Agriculture: Scaling up sustainable agriculture and supply chains

Energy: Promoting a just and fair energy transition and the decarbonization of industry

Finance: Promoting a just and inclusive economic transition, green finance, carbon markets and other approaches, including results-based payments, in addition to mobilizing new and additional financial resources, including through private investments.

UK/Brazil Strategic Dialogue, Joint Declaration

1. Climate

Implementing ambitious NDCs and adaptation strategies - including for the protection of oceans and coastal zones-, Net Zero goals and targets, and a COP-to-COP exchange, under the United Nations Framework Convention on Climate Change (UNFCCC) mandate.

2. Forests

Fostering biodiversity goals, combating deforestation, tackling illegal gold supply chains, promoting socio-bioeconomy and non-timber products, with a view to promote the rights and engagement of indigenous peoples and local communities.

3. Agriculture

Scaling up sustainable agriculture and supply chains.

4. Energy

Promoting a just and fair energy transition and the decarbonization of industry.

5. Finance

Promoting a just and inclusive economic transition, green finance, carbon markets and other approaches, including results-based payments, in addition to mobilizing new and additional financial resources, including through private investments.

High level government-to-government dialogues will be used to review progress, complemented by political discussions with a broader range of partners from government, sub-national entities, academia, private sector and civil society, who have the expertise that is vital to reach green and inclusive growth and climate action.

The Partnership will include collaboration through policy exchange, sharing knowledge and expertise including on science and innovation, financial cooperation, mobilization of new and additional funding, including mobilizing private capital, and industry collaboration, including the opportunity to access up to £4bn of financial support for sustainable projects from the UK’s export credit agency UK Export Finance.

Both countries are committed to reform of the international financing system. They pledged to work together to mobilize new and additional funding, including through public and private sources. They agreed to further discuss means of implementation, technology transfer, including through trilateral cooperation, and capacity building to tackle urgent challenges, such as food security, climate change, desertification, and biodiversity loss.

Brazil expressed its appreciation for the United Kingdom’s recent pledge to contribute with at least £80m to the Amazon Fund in support of actions addressing the critical needs identified by Brazil to reduce deforestation, protect biodiversity, and promote sustainable and inclusive development in the Amazon region and other biomes. Brazil reiterated its commitment to strengthen ongoing efforts towards reducing deforestation rates in all biomes, especially in the Amazon.

The United Kingdom highlighted Brazil’s ambition to strengthen the Plan for the Prevention and Control of Deforestation in the Amazon (PPCDAm) and to prepare similar plans for the other biomes in the country. The United Kingdom acknowledged Brazil’s comprehensive technical expertise in relation to world-leading innovative sustainable agriculture, forest cover and deforestation monitoring, particularly through the PRODES system, signalling that Brazil has shown leadership in the past and is doing that again now.

Recognizing that halting and reversing deforestation by 2030 would contribute meaningfully to the effort to mitigate climate change, both sides commit to joining forces in this endeavour.

Beyond its contributions to the Amazon Fund, Brazil and the UK have enjoyed a long-standing fruitful partnership. Following announcements in this visit, the UK´s International Climate Finance (ICF) reached a total commitment of over £350m since 2016, leveraging a potential of over £500m in private investments and with an expectation this will continue to grow.

Brazil welcomed the launch of a UK PACT Country Fund to provide technical assistance and knowledge exchange in areas within the partnership, and UK’s support to actions aimed at fostering socio-bioeconomy, promoting the engagement, rights and livelihoods of indigenous peoples and local communities, tackling forest degradation, restoring forests and other ecosystems, fostering sustainable agriculture and green finance. Both countries exchanged views on the need of providing business opportunities, employment, and better market access for sustainable products and value chains, with fair and equitable benefit-sharing.

Both countries acknowledged the role of indigenous peoples and local communities as custodians of biodiversity over their lands, territories, resources, and traditional knowledge. Therefore, both countries note the work undertaken at the World Intellectual Property Organization (WIPO) General Assembly and the forthcoming diplomatic conference relating to genetic resources and associated traditional knowledge in 2024.

The UK welcomed and confirmed it stands ready to share experience and provide support to Brazil’s G20 Presidency, Clean Energy Ministerial in 2024 and Brazil´s bid to host UNFCCC COP30, should the bid be successful. Ministers also agreed to go beyond the bilateral cooperation and work together to continue to shape and strengthen multi-partner initiatives and regional cooperation.

Top Comments

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  • Brasileiro

    Great initiatives from both countries. I hope this comes to fruition.

    It would be very good if trade between the two countries grew at levels compatible with the size of the two economies. Perhaps a free trade agreement in the future?

    But, everything seems difficult to happen. South America has positions that are difficult to resolve with the United Kingdom.

    May 27th, 2023 - 10:11 am 0
  • Pugol-H

    Brazil is in murcosur, so no bi-lateral trade deals allowed.

    And a UK-murcosur FTA will not happen, basically because of Argentina.

    In fact much of what doesn’t happen with murcosur, is basically because of Argentina.

    Argentina has positions that are impossible to resolve, other S. American countries do not.

    Good luck with that.

    May 27th, 2023 - 12:02 pm 0
  • Juan Cervantes

    Bras, South America has no issues with Britain, only Argentina does and thats because of a lie and a myth that has been spread for years but lying Argentine governments,

    May 27th, 2023 - 09:42 pm 0
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