Month: August 2020

Water demand in Brazil may increase 80% by 2040

The demand for drinking water in Brazil may increase by almost 80% by 2040 in face of economic, demographic and climate changes. Considering only the economic and demographic growth of the coming years, Brazilians should demand 14.3 billion cubic meters of water in 2040. This figure is 43.5% higher than the amount of water that was delivered to the population in 2017.

Bioelectricity generation grows 5% in Brazil

The bioelectricity offer by the sugar-energy sector to the National Integrated System (SIN) grew 5% in the first half of this year. According to the bioelectricity survey released by the Brazilian Sugarcane Industry Association (UNICA), it is estimated that the generation of 8,400 GWh of renewable energy has avoided the emission of 2.8 million tons of CO2. To have a similar effect it would be necessary to cultivate more than 20 million native trees over 20 years.

Pandemic leads 135 thousand shops to close their doors in Brazil

The retail sector counted on the closure of 135,200 stores in the second quarter, due to the crisis caused by the pandemic, according to the National Confederation of Commerce of Goods and Services (CNC). The CNC reports, the negative balance in the second quarter is equivalent to 10% of the number of commercial establishments observed before the pandemic.

Voltalia will build 28MW wind farm in Brazil

The French electric company Voltalia announced a contract that contemplates the development, construction and operation of a wind farm in Brazil that will supply all the production to the Japanese multinational TODA. The construction of the undertaking in Rio Grande do Norte, with about 28 mw in capacity. The wind farm will be installed, with total potential to accommodate projects with up to 2.4 gw in capacity.

Natura launches reverse logistics program

Natura and The Body Shop have launched a reverse logistic program on their stores. At each five empty brands packaging, the clients receive a new product. The program is a Natura &CO investment and does not generate revenue for the group. The company states that this reverse logistics process is another way of engaging the consumer in the values (ESG) of the company, without the focus of generating direct revenue.

Brazilian trade balance accumulates surplus of $5 bn

The trade balance registered a surplus of $4,926 billion in August, according to the Economy Ministry. The surplus happens when the exportations surpasses the importations. When the opposite occurs, it is registered trade deficit. In the partial year, positive balance is $34.91 billion, with an increase of 18.5% in relation to the same period in 2019.

Environmental and civil society present proposals for sustainable tax reform in Brazil

The Environmentalist Parliamentary Front promoted the presentation of nine proposals for the “Sustainable Tax Reform”. The proposals aim to respond to two challenges for the development of Brazil: on one hand, to simplify rules, reduce the tax burden and eliminate harmful subsidies; on the other hand, to favour the development of a green economy that puts the country at the forefront of the XXI century development paradigm.

Government raises $1.10 bn, the global limit for public sector credit operations

The National Monetary Council (CMN) approved a resolution to raise by R$ 6 billion ($1.1 bn) the global limit of credit operations that can be contracted by public sector entities in 2020. In a note, the Ministry of Economy informed that the limit for credit operations with Union guarantee was increased to R$ 7.5 billion ($1.3 bn). For the operations without federal guarantee, there was an increase to R$10.5 billion ($1.8 bn).

Vale will install energy storage system in RJ Terminal

Vale has signed a partnership to develop a battery energy storage system for its operations at the Guaíba Island Terminal in Rio de Janeiro, which will reduce the cost of energy at the port by 20%. The new equipment has the capacity to store 10 MW/H, enough to supply 45,000 homes for one hour. The company said in a note that the technology is an important step in the company’s decarbonisation process.