Lincoln Morales, PMO-CP®

Closing the energy access gap and transitioning to decarbonized energy systems Summary: Ligia Noronha's speech at the UN General Assembly emphasized the dual challenges of climate change and energy poverty, proposing a holistic approach that aligns emission reductions and energy access through renewable energy, energy efficiency, and sustainable cooling methods. Key Points: Dual Challenges: The world faces dual challenges: mitigating climate change and closing the energy access gap without worsening the other. Noronha argues these goals aren't in conflict, suggesting that advancements in clean and affordable energy can address both. Renewable Energy Focus: Increasing renewable energy capacity is crucial. Aiming to triple this by 2030 could sustainably close the energy access gap, although overcoming financial barriers like high capital costs in developing countries remains essential. Energy Efficiency: Enhancing energy efficiency is seen as a cost-effective way to reduce both energy demand and emissions. Investing in efficient appliances and technologies can significantly decrease urban energy use and costs. Sustainable Cooling: Cooling is vital for food and medical supplies, emphasizing the need for efficient standards and reducing harmful refrigerants as per the Kigali Amendment. Short-Lived Climate Pollutants: Tackling pollutants such as methane, black carbon, and nitrous oxide is crucial for quick climate benefits. Efforts should include all major pollutants for broader impact. Systemic Financial Changes: Financial systems need reform to support sustainable energy investments. Redefining fossil fuel subsidies and debt narratives are key to this transition. Circular Economy and Mineral Use: Advocating for a circular economy to minimize primary mining, Noronha calls for improved local production capacities in developing countries to enhance value locally and prevent exploitative export practices. Partnerships for Progress: Collaboration with local communities is vital to develop necessary infrastructure and skills for a clean energy transition that promotes community well-being. Policy Integration: The next Nationally Determined Contributions present a chance to embed these strategies into national policies, ensuring comprehensive energy strategies that align with global climate objectives. The speech presents a strategic framework for addressing global energy and climate challenges through integrated policies that promote renewable energy, efficiency, and sustainable practices, bridging the gap between energy access and climate action. #SustainableEnergy #ClimateAction #UNGA #RenewableEnergy #EnergyEfficiency #GlobalPartnerships #CircularEconomy #PolicyChange #EnvironmentalJustice #CleanCooling

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I am very happy with the news that my article "Brazil’s Energy Evolution From Poverty to Green Jobs: Brazil’s Sustainable Shift" has been published in the Global Solutions Journal: Issue 10. The Global Solutions Journal, a publication from the Global Solutions Initiative , aims to address collective approaches to multilateral challenges relevant to the G20. This year, it is structured around the six priority areas of T20 Brasil, including inequality, climate action, international finance, and global governance. The contributions come from a diverse range of sectors from all around the world who weigh in on solutions to today’s polycrisis. These recommendations are elaborated on at the Global Solutions Summit 2024. The Global Solutions Summit is an international conference aimed at addressing key policy challenges facing the G20 and G7 and other global governance fora. Since 2017, the Global Solutions Summit has provided an intense, two-day forum for the world’s leading minds to propose expert-based policy recommendations for the G20, G7 and beyond. Distinguished experts from think tanks, research organizations, governance, business, and civil society come together each year in the middle of every G20 Presidency to work on concrete policy solutions. #pwc #pwcbrasil #Sustainability #energy #evolution #poverty #greenjobs #PwCEnergiaBrasil https://lnkd.in/d-da7tgC

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The agri-food sector needs about $260 billion annually in climate smart investments. How can Financial Institutions help mobilize capital to meet this demand?  Panos Varangis and I delve into this topic, discussing the opportunities and highlighting the role of IFC - International Finance Corporation in promoting #ClimateSmartAgriculture through the #financialsector in our new blog post: https://lnkd.in/dBSpNFrQ IFC Financial Institutions | IFC Climate & Sustainability | The World Bank

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🌍🔋 Brazil's Leadership in Global Energy and Climate Dialogue Brazil is poised to lead the global energy transition with the cleanest energy mix in the G20. As the 2024 G20 President and host of COP30, Brazil's renewables and biofuel expertise spotlight its potential. Key strategies include diversifying energy sources, fostering innovation in hydrogen and biofuels, and promoting international cooperation. Brazil's experiences and partnerships, such as with the US and EU on sustainable fuels, highlight its role in global clean energy advancement. The journey ahead focuses on sustainable investments, people-centred transitions, and resilient energy systems. Our Triton Hydrogen team in Brazil is already engaging with leading organisations that will support the energy transition, particularly into hydrogen. Read more: https://lnkd.in/efv8k3eQ #ClimateAction #RenewableEnergy #SustainableDevelopment #COP30 #G20 #CleanEnergy #Innovation #GlobalLeadership #Brazil

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I have the privilege of witnessing the evolution of the ESG agenda in the country after a trajectory of over 20 years at ERM. Currently, Brazil is a global reference in sustainability. Despite limitations in some sectors, investments have increased in solar and wind energy, strengthening the environmental impact studies and licensing activities, consolidating Brazil as a global hub for the green economy. International policies and regulations play an essential role, directly influencing climate issues, nature protection, and ESG. This not only creates a wide range of opportunities for consultants but also requires a deep understanding of local singularities, representing both a challenge and an opportunity for professionals who adapt to new standards and taxonomies. Recently, in an interview for the Environment Analyst, I highlighted how these requirements are important and something we need to adapt to. Globally, ERM is aligned with cutting-edge themes and always supported by science to provide the best recommendations and technical opinions to our business partners. The future is promising as we move forward. This shift not only enhances companies' reputations but also positions them more competitively to attract investors committed to sustainable practices.  Access full content: https://lnkd.in/dDysQh4Z Gustavo Pimentel Paulo Santos Berguedof Sciulli Carlos Pereyra Ricardo Zibas Fernanda Britto Meryl Hanlon Karen Garcia

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🌿 A new approach to natural capital reporting! 🌿 Today, I am very proud to share my latest open-access article, "Indicator-based natural capital reporting to inform decision-making in the Brazilian Pantanal," published and made available for all to read: https://lnkd.in/eDY5dzwW. This research marks a significant milestone in understanding and preserving the natural capital of the world's largest tropical wetland—the Brazilian Pantanal. We introduce the first Natural Capital Indicator Framework (NCIF) application in the Pantanal, highlighting the vital connection between the biome's health, the economic activities it supports (cattle, soy, fishing, and tourism), and the overall sustainability of this biodiverse region. Key Takeaways: An Entry-Level Approach to Natural Capital Reporting: We showcase that the NCIF can be applied rapidly to support natural capital reporting using existing data and indicators. Unveiling the Pantanal's Natural Capital: We comprehensively assess the Pantanal's natural capital, utilising existing environmental and socioeconomic indicators. Spotlight on Reporting Gaps: We highlight crucial gaps in natural capital reporting to help decision-makers prioritise investment in filling data and reporting gaps. Your insights, questions, and collaboration ideas are most welcome! #NaturalCapital #Sustainability #Conservation #Pantanal #EnvironmentalPolicy #OpenAccess #ResearchImpact

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Come join us at the World Biodiversity Forum in Davos to discuss the latest and greatest research on Biodiversity and Ecosystem Services scenarios, and their implications for society and the economy!

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I could not be more pleased to share the 2-year extension of the work of the @Business Commission to Tackle Inequality. This week will start the countdown to #COP30 in Brazil together with 80+ global executives – including 55 corporations, multiple #UnitedNations agencies, civil society leaders, and numerous business networks. The goal: Drive real progress on the #TacklingInequality Action Agenda (www.tacklinginequality.org) that was published exactly a year ago. Through #BCTI, the goal is not only to help corporate members to accelerate and deepen their value chains to be #inclusive and #resilient, but also to help shape markets where all can thrive using our collective power to #transform systems. Leveraging the work of leading WBCSD members and partners such as Unilever ShareAction Manpower Danone World Benchmarking Alliance Forum for the Future The world is looking at business to lead the way through the transition. The time to act is now. To learn about the initiative and meet the Commissioners, visit: www.tacklinginequality.org #tacklinginequality @united nations  #BCTI is hosted by the @World Business Council for Sustainable Development. To learn more contact: EquityAction@wbcsd.org Video: https://lnkd.in/g4pnAAYB

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Sustainability Milestone Achieved: Vale Surpasses Renewable Electricity Goals Early! 🌿💪 In a significant stride towards sustainability, Vale has announced that all its electricity consumption across Brazilian operations in 2023 was sourced from 100% renewable energy. This achievement, centered on hydroelectric, wind, and solar power, marks a major milestone as it comes two years ahead of the initial 2025 target. 🌞 Spotlight on Sol do Cerrado Solar Complex: This venture's highlight is the Sol do Cerrado Solar Complex, inaugurated in November 2022 in Minas Gerais. Representing an investment of $590 million, this facility is one of the largest solar parks in Latin America. At full capacity, it generates 766 Megawatts-peak, enough to power a city of 800,000 residents, and contributes approximately 16% to Vale's national electricity needs. 📉 Decarbonization Efforts: Achieving 100% renewable electricity consumption has enabled Vale to zero out its Scope 2 CO2 emissions in Brazil. The company's global operations are not far behind, with a target to reach 100% renewable electricity consumption by 2030. 🔍 Highlights from the 2023 Integrated Report: The 2023 Integrated Report underscores substantial advances in environmental, social, and diversity aspects: - Expansion of protected forest areas to 165,000 hectares. - Rehabilitation of over 5,000 hectares of land. - A notable increase in female workforce representation, moving towards doubling the figure by 2025. 🌐 Future Commitments: Vale is committed to reducing both direct and indirect CO2 emissions by 33% by 2030 and achieving net-zero emissions by 2050. This includes transitioning to alternative fuels such as ethanol and green ammonia, and substituting mineral coal with biocarbon in industrial processes. Let’s recognize and spread the word about Vale's significant steps towards a sustainable future! 🌱👏 Vale #Vale #Sustainability #RenewableElectricity #SolarPower #EnvironmentalImpact #CorporateResponsibility

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Big thanks to Alice Monteiro for your presentation on ESG practices in Brazil on our ongoing training. #ESGTRAININGS #ESGPRINCIPLES #SUSTAINABILITY

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My article on Eyes on Brasil this week I talk about "How Can Brazil Strengthen its #Infrastructure to Combat the #Climate Crisis" The #ClimateCrisis presents an unprecedented and urgent challenge, especially concerning our #rural and #urban infrastructure. It is not merely about adapting physical structures but involves a #revolution in how we conceive, construct, and maintain our essential #systems. The reality imposed by the climate crisis demands immediate and effective measures to create #resilient infrastructure prepared to face an uncertain future filled with #climatic #extremes. #ClimateChange #Sustainability #RenewableEnergy #WaterScarcity #ClimateAdaptation #GreenEnergy #ClimateResilience #SustainableTransport #GlobalWarming #EnvironmentalImpact https://lnkd.in/geqC3nyr

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I'm excited to share this paper, published in collaboration with Thais Araujo Rato Tarelho, about the regulation of distributed generation in Brazil and its challenges. https://lnkd.in/dc4Ai9gQ

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Let's join the event prioritized on #EnergyPlanning to explore best practices from the Global Long Term Energy Scenarios (LTES) network. 🌍 Bizbell Bizbell Energy Bizbell Ventures Nepal Portfolio Energy Sushmit Energy #cleanenergy #IRENA #globalLTES #sustainablefuture #resources #renewables #renewablenergy #growth #opportunity

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“#Grid backlog drives innovative approaches in Brazil” “The rapid growth of #renewableenergy in Brazil has not been matched by transmission and distribution infrastructure. Connection restrictions for both “distributed-” and centralized-generation sites are leading companies to adopt new strategies to maintain expansion, reports pv magazine Brasil’s Livia Neves.” JULY 20, 2024 - LÍVIA NEVES From pv magazine 06/24 “#Gridconnectionqueues in Brazil are offering new opportunities for #energystorage and #hybridsystems and opening new energy business models. Renewables companies including Auren, Statkraft, and Casa dos Ventos are adding #solar and #batteries to their utility-scale #windpower sites to use existing #powertransmission capacity.” “Batteries are also making inroads into small-scale, distributed generation in response to connection shortages to the utility-run, low-voltage distribution network and to power failures in states including São Paulo. In addition, businesses such as France’s GreenYellow are adopting a “#zerogrid ” approach focusing on generation at the point of consumption without injection into the grid. GreenYellow has previously added more than 200 MW of remote-generation solar capacity to the grid.” https://lnkd.in/eMDY_n86 Source- original post Read all my posts #MariusPreston

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Filipe Blackwood Oliveira great summary and thank you for sharing your insights on the importance of a voluntary carbon market that Mark Carney is calling for in his FT article. As Gordon Bennett keeps reminding me, $900bn is traded on the regulated market, where the polluter pays through energy trading schemes. This needs to be complemented by a high integrity voluntary carbon market where all participants have confidence in the atmospheric impact of reducing carbon and other #GHGs, not just the large and hard to transition sectors. Creating these flows is only possible if we utilise the existing market structures and capital flows that the #financialmarkets have in place. The global economy has committed to net zero; the G7 is providing international leadership through its 2050 #netzero goals. In order to achieve this, trillions of dollars of climate finance will need to be deployed, in to a wide range of infrastructure, technology and nature. Capital flows will need to be increased through green bonds, tax incentives, public and private investment, and carbon will need to be priced accordingly to incentivise this investment. Carbon markets can catalyse the flow of capital from corporates and governments seeking to reduce emissions towards emissions abatement projects, such as via technology and nature based sinks. This is a capital efficient mechanism for achieving net zero goals. Last year, the G7 Leaders “reaffirm[ed] the important role of high integrity carbon markets and carbon pricing to foster cost-efficient reductions in emission levels, drive innovation and enable a transformation to net zero”. Building trust and integrity is critical to scale these markets, and businesses seek standardised market practices, transparency of data, clear regulatory frameworks and the financial services community to deploy this funding. This will build on the work of the #G7, #G20 as well as the #SMI, #ICVCM and #SBTI in order to support the delivery of net zero goals. Chris Hayward spoke with passion and eloquently at the #NZDS24 last week highlighting the role of high integrity carbon markets as a mechanism to route finance to developing and developed economies. The role of new market infrastructure will be important to translate principles into operational and data standards, that the #GCMU is designing, so that all parts of the #CarbonMarkets can align to, enabling these critical captial flows with confidence and integrity.

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Mark Carney’s blog makes well the central point (backed by #IPCC) that #carbon MUST be removed from the atmosphere if we’re to achieve #netzero by 2050. He also argues effectively for G20 action. But the current carbon markets debate covers both voluntary and official markets (the latter under the Paris Agreement, but still in negotiations), with the two intertwined in terms of needing credibility. They must advance together. While you can’t cover everything, the blog also misses a chance to argue strongly for high integrity nature-based solutions as cost-effective carbon sequestration measures compared to technological approaches, capable of simultaneously producing many other benefits, such as reducing #biodiversity loss, building #climate #resilience and supporting local communities.

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I'm excited to share our article, "Uncovering REDD Plus in Brazil" which has just been published in the journal Sustainability. This article provides a critical analysis of REDD+ projects in Brazil, highlighting both the challenges and opportunities associated with this important initiative. We explore the current state of REDD+ implementation in the country, examining the key factors that have contributed to its progress and the obstacles that remain. Additionally, we discuss potential future directions for REDD+ in Brazil, suggesting strategies to overcome current limitations and maximize the positive impacts of the program. We hope this reflection can contribute to a more nuanced understanding of REDD+ projects in Brazil, leading to more effective implementation and greater environmental benefits. Read the full article here: https://lnkd.in/dgf6KCuu #REDD+ #Brazil #Sustainability #ClimateChange #Forests #Environment

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Climate Change & Investors' Role Materialization of physical climate risks and the evolving regulatory landscape with Brazil adopting S2 and mandating reasonable assurance as of 2026 (transition risk) have accelerated climate governance discussions. Climate risks and opportunities are definetely within the leadership agenda in Brazil. Nature risks are also getting on track and biodiversity and ecosystem services dependencies and impacts start to be assessed and prepared for disclosure. But there is still much to be done in terms of stewardship. GPs, LPs, pension funds and the capital markets in general play a decisive role in countries' pursue of transition to low carbon economy. These were some of the topics that Marina Cançado and I discussed at IBGC - Instituto Brasileiro de Governança Corporativa's latest podcast. I was honored to record one more podcast for IBGC and to have Marina as my partner in a great discussion! Thanks for the invitation IBGC and for the partnership Marina! Check the full episode (in Portuguese): https://spoti.fi/4f8J2dG

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