Hybrid event
In person at CEPS – Place du Congrès, 1 -1000 Brussels
& Live on YouTube
The EU, and the world at large, are facing some important challenges; the global green transition, heightened geopolitical tensions, the Russian war in Ukraine, and a turn towards widened security considerations are shaping European and global landscapes.
In this context, the EU has recently adopted a de-risking strategy aimed at securing its supplies in key strategic sectors, including in clean technologies and critical raw materials. This is to be achieved by diminishing and eventually avoiding its current critical overdependencies on some foreign countries.
With these goals in mind, foundational legislative pieces, such as the EU Net-Zero Industry Act and the EU Critical Raw Materials Act, have recently been approved or adopted. These two Acts, as part of the Green Deal Industrial Plan, are designed to reinforce the EU’s production and innovation capacities in clean techs and critical raw materials. At the same time, they seek to diversify access to critical inputs and external growth markets through an engagement policy founded on a network of free trade agreements and friendshoring. Such collaborations include, for instance, strategic international partnerships and the Global Gateway.
Brazil represents both an essential trade and investment partner for the EU and the world in this green energy transition. It is a major player in clean energy innovation, accounting for almost 7 % of the planet’s renewable energy production. Furthermore, it is now seeking to expand its innovation capacities into new technological areas, such as hydrogen and other low-emission solutions. Importantly, the EU is Brazil’s second largest trading partner. It also has been, for a number of years, the biggest foreign investor in many sectors of the Brazilian economy, including clean techs.
Against this background, the event aims at addressing some fundamental trade and investment aspects of the current and future EU-Brazil partnership for the green energy transition:
- How can EU and Brazilian measures and actions taken in the industrial and trade domains be efficiently combined with the objective to reinforce their green energy partnership?
- What are the current bilateral green energy cooperation projects between the EU and Brazil?
- What are the future investment opportunities in Brazil in this domain?
- Based on their mutual partnership, how can the EU and Brazil best act together at the multilateral level in favour of sustainable trade and investments in the green energy sector?
In collaboration with
