GREEN HYDROGEN COULD ADD R$61.5 BILLION TO BRAZIL’S GDP BY 2050, STUDY FINDS

A GIZ and MME study highlights Brazil’s green hydrogen potential, estimating an R$61.5 billion GDP boost and 177,000 jobs by 2050. Sustainable aviation fuel and steel industries could drive 80% of energy use by mid-century. Green hydrogen adoption could lead to neo-industrialization, benefiting regions like the poverty-stricken Northeast. While initial industry adaptation may reduce GDP by R$3.1 billion (0.016%), this is outweighed by job creation and reduced climate impact. The report warns of potential EU carbon tariffs on non-green exports. Electrolysis, essential for hydrogen, requires significant water and renewable energy. Expanding wind and solar power in the Northeast could impact land use and local communities, stressing the need for inclusive planning. Using desalination and recycled water is suggested to lessen environmental impacts.
Source: Nova Cana