How Brazil’s new NDC can drive private sector investment in climate action
We Mean Business Coalition
Working with our global network of partners, the Coalition is supporting and amplifying business advocacy for ambitious and investible NDCs in key geographies. The first of these country-level reports is focused on Brazil.
Download the report: English | Português
As COP30 host and one of the first countries to submit a new NDC for 2035, Brazil is pushing the global climate agenda forward and establishing itself as a leader. Its new NDC, announced at COP29, sets a target to reduce greenhouse gas emissions by 59–67% by 2035 from 2005 levels. This marks a step up in ambition from its existing 2030 target.
Private sector engagement is crucial to achieving this goal. As Brazil finalises the Climate Plan (Plano Clima) that will deliver on its NDC, CEBDS, in collaboration with We Mean Business Coalition, has developed recommendations for how the government can drive enhanced private sector action.
To protect communities, businesses and economies from growing climate impacts, we need to address the primary causes of dangerous global heating: the burning of fossil fuels and continued degradation of nature. The new national climate plans governments have agreed to deliver by September 2025 can help address these challenges while scaling clean energy that is affordable, reliable and safe, and building nature-positive economies.
Through the Coalition’s Call to Action and country-specific reports and advocacy, leading businesses are urging governments to create ambitious nationally determined contributions (NDCs) backed by clear targets, policies, and timelines. This can create a virtuous circle of fast-flowing investment, action, and ratcheted ambition – to accelerate the transition to a resilient and prosperous future.
- Download the report: English | Português
- Visit the NDCs hub