Brazil Signs Global Agreement to Triple Renewable Energy

Brazil has signed an agreement to triple energy from renewable sources by 2030 and move away from coal usage, according to a message reviewed by Reuters today, joining a potential pact backed by the European Union, the United States, and the UAE. An informed European official stated that the largest country in South America has now become one of approximately one hundred nations that have signed the agreement. Sources told Reuters earlier this month that the goal is for the agreement to be officially adopted by leaders during the United Nations Climate Change Conference (COP28) that begins next week in Dubai. The Brazilian embassy in Abu Dhabi stated in a message to the Emirati Foreign Ministry that it will join the agreement named "Global Commitment on Renewable Energy and Energy Efficiency Goals." Brazil is already a key player in the renewable energy sector, as more than 80 percent of the country's electricity comes from renewable sources, primarily hydropower, alongside rapid expansion in solar and wind energy. According to official data, coal is used to produce just over one percent of the country's electricity.