Objective: “Support Brazil’s low carbon transition to secure, affordable and clean energy which powers its economic development”.
The Brazil Energy Programme (BEP) forecasts an investment of 22 million pounds in 4 years – until 2023, in the following areas: natural gas, waste-to-energy, biodiesel, solar, energy storage, smart grids, energy efficiency and offshore wind.
BEP’s mission is to support Brazil’s role as a global leader in the energy transition process. The partnership with the Brazilian government allows the combination of Brazil’s experience and knowledge in renewable energies with the British experience in energy policy, regulation, technology and investments to build energy systems able to accelerate progress towards the Sustainable Development Goals (SDGs). The Programme will be implemented between June 2020 and March 2023, by the consortium led by Adam Smith International (ASI) in partnership with Fundação Getulio Vargas (FGV), Carbon Limiting Technologies, Hubz and Instituto 17.
BEP has the support of the Ministry of Mines and Energy (MME), the National Agency of Petroleum, Natural Gas and Biofuels (ANP), National Electric Energy Agency (ANEEL), Energy Research Office (EPE), National System Operator (ONS) and the British Embassy.
The Prosperity Fund is a cooperation fund from the British Government created in 2015. It aims to develop partnerships that can support inclusive economic growth, mutual prosperity and progress towards the United Nations‘ SDGs. The Fund opens up opportunities for trade and investment in recipient countries through the transfer of technologies and practices that can unlock the potential of emerging markets. By 2023, it is expected to invest more than 1.2 billion pounds around the world. In Brazil, it will invest more than 100 million pounds in projects in the areas of energy, green finance, smart cities, trade facilitation, education and health.