BRAZIL CAN ADD BRL 90 BILLION A YEAR WITH SUSTAINABLE FARMING PRACTICES, FGV SAYS

According to a study by FGV’s Bioeconomy Observatory, Brazil’s GDP could grow by up to BRL 94.8 billion annually by 2030 through the wider adoption of existing sustainable agricultural technologies. The analysis emphasizes that biofuels, bioinputs, no-till farming, and intensive livestock finishing not only reduce carbon emissions but also create economic gains. Biofuels alone could contribute BRL 71.4 billion per year, with bioinputs adding up to BRL 15.2 billion. The study calls for increased public and private support to accelerate the use of these practices, bolstering programs like the Ministry of Agriculture’s ABC+. Large-scale implementation has the potential to create over 700,000 jobs and cut millions of tons of CO₂ by 2030. These findings are expected to inform policy discussions about low-carbon, economically beneficial agriculture at the COP30 in Belém.
Source: Reuters / RPA News (*Translated by Ia Niani)