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Título: ENERGY TRANSITION AND BRAZIL S ROLE IN OPEC+: BALANCING OIL PRODUCTION AND SUSTAINABLE CLEAN ENERGY CONSUMPTION
Autor: DANIEL DAVID PEREIRA SOARES
Instituição: PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO - PUC-RIO
Colaborador(es):  DIEGO SANTOS VIEIRA DE JESUS - ADVISOR
Nº do Conteudo: 68933
Catalogação:  02/01/2025 Liberação: 02/01/2025 Idioma(s):  PORTUGUESE - BRAZIL
Tipo:  TEXT Subtipo:  SENIOR PROJECT
Natureza:  SCHOLARLY PUBLICATION
Nota:  Todos os dados constantes dos documentos são de inteira responsabilidade de seus autores. Os dados utilizados nas descrições dos documentos estão em conformidade com os sistemas da administração da PUC-Rio.
Referência [pt]:  https://www.maxwell.vrac.puc-rio.br/colecao.php?strSecao=resultado&nrSeq=68933&idi=1
Referência [en]:  https://www.maxwell.vrac.puc-rio.br/colecao.php?strSecao=resultado&nrSeq=68933&idi=2
Referência DOI:  https://doi.org/10.17771/PUCRio.acad.68933

Resumo:
This policy brief examines Brazil’s role in the Organization of the Petroleum Exporting Countries (OPEC+) dialogue group and the challenges related to the global energy transition. Given the urgent need to reduce carbon emissions and mitigate the impacts of climate change, Brazil, as one of the largest oil producers and holder of a diversified energy matrix, needs to balance its oil production with the advancement of renewable energies. Brazil’s entry as an observer in OPEC+ reflects strategic motivations, including the search for a greater role in the global energy scenario and the need to closely monitor decisions that affect the oil market. In developing this policy brief, the challenges and opportunities for Brazil to balance its oil production with the advancement of renewable energies were analyzed, considering its participation as an observer in OPEC+ and its commitment to the Sustainable Development Goals. The policy implications highlight the importance of active energy diplomacy and sustainable practices that consolidate Brazil as a leader in the energy transition, strengthening its competitiveness in the oil sector while advancing sustainable development. This document offers recommendations for Brazil to direct its energy policies in a way that ensures a fair and balanced energy transition. Recommendations include strengthening energy diplomacy, promoting sustainable practices in oil exploration, and expanding the use of renewable energy. These actions are directly aligned with specific Sustainable Development Goals (SDGs): SDG 7 (Affordable and Clean Energy), promoting the use of renewable sources; SDG 13 (Climate Action), by reducing emissions in the oil sector; and SDG 8 (Decent Work and Economic Growth), by fostering job creation in the transition to a low-carbon economy. Implementing these policies is crucial for Brazil to position itself as a leader in the global energy transition, consolidating its relevance in the oil sector while promoting sustainable economic development aligned with international goals to combat climate change. The study analyzed existing strategies for diversifying Brazil s energy matrix and adopting sustainable practices in the oil sector, including initiatives such as expanding the use of biofuels, investing in solar and wind energy, and programs to modernize energy infrastructure, such as smart grids. Brazil s diplomatic efforts in OPEC+ and in global climate forums were also considered, highlighting the search for a balance between oil production and climate commitments. In terms of political implications, it is important to highlight the importance of integrated governance between different ministries and agencies, such as the Ministry of Foreign Affairs, the Ministry of Mines and Energy (MME) and the Ministry of Environment and Climate Change (MMA), the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA), the Energy Research Company (EPE), the National Bank for Economic and Social Development (BNDES), the Ministry of Development, Industry, Commerce and Services (MDIC), the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the National Electric Energy Agency (ANEEL), Petrobras itself and the Ministry of Finance, to align climate goals with economic strategies. In addition, the energy transition strengthens Brazil s international position as an example of an emerging country that reconciles economic growth and sustainability, while domestically promoting job creation in clean sectors, reducing dependence on fossil fuels and reinforcing Brazil s role as a key player in global discussions on climate and energy.

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