In 2023, investments in RD&D for fossil fuels in Brazil stood at approximately 1.06 billion USD in PPP terms (2020). From 2024 to 2028, a steady increase is forecasted, reaching 1.16 billion USD by 2028, reflecting consistent annual growth of around 1.8%. This forecast indicates stable commitment to fossil fuel research, even as global pressures rise towards sustainable energy transitions.

Future trends to watch for include:

Potential shifts in investment priorities towards renewable energy sources due to international environmental policies.
Technological advancements in carbon capture and storage, potentially redirecting RD&D focus.
Evolving economic conditions impacting budget allocations for fossil fuel technologies.