The forecast for Brazil's total carbon dioxide emissions from 2024 to 2028 demonstrates a consistent year-on-year decrease, starting from 365.29 million metric tons CO2 equivalent in 2024 and dropping to 310.72 million metric tons CO2 equivalent by 2028. This reflects a compounded annual growth rate (CAGR) of approximately -3.2% over the five-year forecast period. In 2023, the emissions were significantly higher, indicating active measures to reduce CO2 emissions in the forecasted years.
Future trends to watch for include:
- Potential impacts of renewable energy adoption on reducing emissions further.
- The influence of policy changes and international agreements on emission targets.
- Technological advancements in carbon capture and storage.
- Economic growth and its potential effects on energy demand and emissions.