Brazil’s economy-wide NDC covers CO2, CH4, N2O, SF6, perfluorocarbons (PFCs) and hydrofluorocarbons (HFCs). It is an absolute target using 2005 as reference year. Brazil proposes a target to reduce by 37% by 2025 and by 43% by 2030 relative to 2005 levels. Nevertheless, it does not translate in absolute numbers, referring to Brazil’s Third National Communication of the country to see the emissions level in the base year.
Regarding long-term strategy, from 2021 onwards Brazil states it requires US$ 10 billion per year to realize environmental pledges, including conservation of native vegetation and states that the function of market mechanisms is paramount to achieve carbon neutrality earlier than 2060.
According to CAT, the Brazilian updated NDC is weaker than the previous one, being rated 'Highly insufficient". The CAT shows that an increase in the emissions used as reference data allows Brazil to increase its emissions over than 400 MtCO2e still meeting the relative proposed target (1,453 MtCO2e in 2025 and 1,307 in 2030).
Another rollback is the removal of explicit sectoral mitigation targets, especially those related to halt illegal deforestation in the Amazon.