Overview
- The government plans to finalize the upgraded 2035 nationally determined contribution at a Cabinet meeting before presenting it at COP30 in Belém from Nov. 10–21.
- The presidential commission also confirmed a total ETS cap of 2.53 billion tons for 2026–2030, a 16.8% reduction from the 2021–2025 period.
- Leaders pledged a comprehensive support package for industry, including funding, technology development, and regulatory changes to help meet the goal.
- Officials said they will strengthen the emissions trading system with market incentives and expand solar and wind power alongside a nationwide next‑generation grid.
- Business groups warned of competitiveness risks for energy‑intensive sectors, while environmental organizations criticized the target as insufficient.