The carbon market

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The carbon market

On November 4, 2020, the then president of the United States of America, the republican Donald Trump, announced that the country would leave the Paris Agreement, whose main objective is to combat the increase in the average temperature of the planet through the application of several sustainable practices around the world, for example, the reduction of CO2 emissions by the countries that are signatories to the agreement. In reaction to this measure by the then president of the USA, the voluntary carbon market has been agitated, since, with the exit of the Paris Agreement, the United States would also be leaving the carbon market, established in article six of this agreement.

However, at the end of the elections, the candidate elected to be the president of the USA was the democrat Joe Biden, who, as he said in several interviews, would prioritize, among other environmental measures, the return of the United States to the Paris Agreement. Complementing this return, Joe Biden has proposed $ 1.7 trillion so that the United States reaches zero carbon emissions by 2050. Because of these measures by the current president of the United States, the carbon market started to stir up again, however the effect was the reverse of what had happened previously.

The return of the USA to the Paris Agreement represents the hope that great world powers can really invest in high productivity with a sustainable bias, leading their industries and service providers to think about the environmental impact that their actions have on the planet. In addition, this news is also great for the Brazilian economy, once the United States, a major contributor to global air pollution, is a potential customer of Brazil in the carbon market, since our country is a huge CO2 sink, given extensive Brazilian forest areas.

In this way, companies like Canopée contribute both to transforming our planet into a more environmentally safe place for future generations and to increasing the Brazilian economic potential through acting in the voluntary carbon market, proving that, especially in Brazil, it is possible to do conserved forest to be economically profitable.

 

Sources:

CAETANO, Rodrigo; DIAS, Maria Clara. Acordo de Paris: os 5 anos do pacto climático que mudou o mundo. Exame invest, 11 de dezembro de 2020. Disponível em: Acordo de Paris: os 5 anos do pacto climático que mudou o mundo | Invest | Exame. Acesso em: 27/01/2021.

EUA abandonam Acordo de Paris sobre o clima à espera do resultado eleitoral. Tilt, canal de tecnologia da UOL, 04 de novembro de 2020. Disponível em: EUA abandonam Acordo de Paris sobre o clima à espera do resultado eleitoral – 04/11/2020 – UOL TILT. Acesso em: 26/01/2021.

Retorno dos EUA ao Acordo de Paris e OMS estão entre primeiros atos do presidente Joe Biden. G1, 20 de janeiro de 2021. Disponível em: Retorno dos EUA ao Acordo de Paris e OMS estão entre primeiros atos do presidente Joe Biden | Mundo | G1 (globo.com). Acesso em 26/01/2021.

SANCHES, Mariana. O que representa Trump cumpri promessa e tirar EUA do Acordo de Paris. BBC Brasil, 4 de novembro de 2019. Disponível em: O que representa Trump cumprir promessa e tirar EUA do Acordo de Paris – BBC News Brasil. Acesso em: 26/01/2021.

SANTELI, Adele. O que é o mercado de carbono e como o Brasil pode se beneficiar com ele. National Geographic, 5 de fevereiro de 2020. Disponível em: O que é o mercado de carbono e como o Brasil pode se beneficiar com ele | National Geographic (nationalgeographicbrasil.com). Acesso em: 27/01/2021.