Lula Orders 60-Day Roadmap for Brazil’s Managed Shift From Fossil Fuels

Overview

• An official dispatch published Dec. 8 directs the Mines and Energy, Environment, Finance and Casa Civil ministries to draft guidelines for a national transition roadmap and present them as a priority to the CNPE.
• The order requires design of financing mechanisms, including a Transition Fund funded by a portion of government revenues from oil and natural gas.
• Environment minister Marina Silva welcomed the move, saying Brazil seeks to lead by example, while noting the roadmap idea drew backing from roughly 80–85 countries at COP30 without entering the final text.
• Policy tensions persist as Ibama recently authorized Petrobras to drill an exploratory well in the Equatorial Margin near the Amazon River mouth, drawing criticism from environmental groups.
• Questions over implementation grew after Petrobras cut projected energy-transition investments by about 20% to US$13 billion for 2026–2030, with inter-ministerial disputes and congressional scrutiny expected next.