Taxes from 2022 and 2023 would transform Brazil into a low-carbon powerhouse

Resources paid by taxpayers during the period are more than enough to make the country a global example in clean energy
Canal Solar Taxes in 2022 and 2023 would transform Brazil into a low-carbon powerhouse
Photo: Marcelo Camargo / Agência Brasil

A study of the BNDES (National Bank for Economic and Social Development), in partnership with private banks and capital markets, pointed out that Brazil can become a low-carbon and biodiversity powerhouse in renewable energy, such as solar and wind.

To do this, you would need to invest approximately R$3,7 trillion in the next ten years in clean sources and in areas such as basic sanitation, urban mobility, transport and logistics.

This is a value that, basically, represents less than the R$4,4 trillion paid in taxes by Brazilian taxpayers in 2022 and in the first half of 2023.

Throughout last year, contributions made by the population totaled R$2,89 trillion in revenue for public coffers, while, in the first six months of 2023, the amount sured the R$1,51 trillion mark.

The information is part of the tax meter – a tool for ACSP (São Paulo Commercial Association), which measures tax collection by the Federal Government and state and municipal governments in real time, including fees, contributions, fines, interest and monetary correction.

According to the BNDES study, Brazil is among the largest emitters of carbon dioxide in the world, but with an emissions profile different from the world average, since deforestation is its main emitter.

On the other hand, Brazil's competitiveness in renewable energy is one of the highest in the world, with 45% of the installed capacity of wind generators and 30% of solar capacity, according to the survey.

Photo by Ericka Araújo
Ericka Araújo
Communications Leader Canal Solar. Host of Papo Solar. Since 2020, he has been following the renewable energy market. He has experience in producing podcasts, interview programs and writing journalistic articles. In 2019, he received the 2019 Tropical Journalist Award from SBMT and the FEAC Journalism Award.

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