Mobilizing Investment for Clean Energy in Brazil Country Deep Dive

The report identifies a $90 billion investment need for Brazil's clean energy transition by 2030. It focuses on three priority areas: distributed generation (solar PV), hydropower modernization, and clean energy access for isolated systems. For distributed generation, it proposes a 'Financing Toolbox' to standardize best practices and reduce transactional costs. For hydropower, it suggests regulatory revisions to incentivize modernization, climate risk mapping to address hydrological changes, and the adoption of Climate Bonds' Hydropower Criteria. For isolated systems, it recommends an 'Isolated Systems Accelerator' to bundle projects and integrate renewables into diesel-dependent grids, particularly in the Amazon.

• Brazil requires approximately $90 billion of international and domestic capital to meet its clean energy goals by 2030.
• Distributed generation, primarily solar PV, is growing rapidly, with 1,069,576 operational projects totaling 11.5 GW of capacity as of 2021-2022. The EPE forecasts this will reach 37.2 GW by 2031, requiring $23.2 billion in investment over the next decade.
• Hydropower modernization could provide 4.7 GW of capacity gains and reduce CO2 emissions by 57 MMt by displacing natural gas plants. The IADB estimates that nearly $15 billion is needed to fully modernize Brazil's hydro infrastructure.
• The hydropower sector faces significant climate risks due to changing hydrological patterns, which is critical as 64% of Brazil's generation capacity depends on water resources. Current regulations do not mandate climate risk assessments or mitigation plans for modernization.
• Isolated systems, particularly in the Brazilian Amazon, are heavily dependent on expensive diesel generation. There are 257 such systems with 1,218 MW of capacity, where over 90% is diesel-based. The Ministry of Mines and Energy estimates $1.9 billion is needed over six to eight years to provide clean energy access to these regions.
• To address investment barriers, the report proposes five key solutions: a Distributed Generation Financing Toolbox; regulatory revision suggestions for hydropower; climate risk and resilience mapping for hydro assets; dissemination of Climate Bonds’ Hydropower Criteria; and an Isolated Systems Accelerator.

APA

World Economic Forum (2022). Mobilizing Investment for Clean Energy in Brazil Country Deep Dive. https://www3.weforum.org/docs/WEF_Mobilizing_Investment_for_Clean_Energy_in_Brazil_2022.pdf

Chicago

World Economic Forum. Mobilizing Investment for Clean Energy in Brazil Country Deep Dive. 2022. https://www3.weforum.org/docs/WEF_Mobilizing_Investment_for_Clean_Energy_in_Brazil_2022.pdf.

Wikipedia

{{cite report |author=World Economic Forum |title=Mobilizing Investment for Clean Energy in Brazil Country Deep Dive |date=July 2022 |url=https://www3.weforum.org/docs/WEF_Mobilizing_Investment_for_Clean_Energy_in_Brazil_2022.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2022mobilizing, author = {{World Economic Forum}}, title = {{Mobilizing Investment for Clean Energy in Brazil Country Deep Dive}}, institution = {World Economic Forum}, year = {2022}, month = jul, url = {https://www3.weforum.org/docs/WEF_Mobilizing_Investment_for_Clean_Energy_in_Brazil_2022.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }