Amazon Now: Private Sector Opportunities for a Low-Carbon Economy in Pará, Brazil
Climate change commitments and internal pressures have led Brazil to commit to bold targets to reducing greenhouse gas (GHG) emissions. Meeting these targets is in Brazil‘s interest and depends on the responsible management of the Amazon. To develop and apply models, it is necessary to establish pathways for integrated local action, and, therefore, state governments play a strategic role; their role is not only in decarbonizing the economy, but also in engaging local actors via new governance models.
This study aims to spotlight the state of Pará in Brazil and its leadership in addressing debates
about the green economy, such as the Amazon Now State Plan (Plano Estadual Amazônia
Agora; PEAA) presented at the 26th United Nations Climate Change Conference (COP26)
in Glasgow in November 2021. The study also aims to contribute to the discussion on the role and opportunities of the private sector to contribute to the agendas of environmental conservation, economic development, social justice and investment in Pará, reconciling environmental conservation with development.
The case study is available in both English and Portuguese.