Authorities from the United Arab Emirates are currently in Brazil for appointments ahead of the BRICS Summit as well as meetings with local officials and institutions. They said the country is a key trading and investment partner.
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Lawyer and consultant Caio Favaretto advocates for the adoption of a regulatory framework for Islamic finance in Brazil as a strategy to attract foreign investment from Muslim-majority countries, including funding for climate transition projects.
In celebration of the National Day and bilateral relations, the ambassador of the Gulf country, Talal Rashed Almansour, says the two nations could expand economic cooperation.
Ambassador André Corrêa do Lago will be responsible for mediating negotiations between the Parties to the Convention, which will be held in Belém, Pará state, in November.
The UN COP30 climate summit will be held in Belém, Pará state, in 2025. During a visit to the United Arab Emirates and Saudi Arabia, executives from the Arab-Brazilian Chamber discussed partnerships.
The conference will need to address the challenge of financing the measures necessary to curb global warming. The Brazilian industry advocates for rules in the carbon market and sustainable, concrete funding for projects.
Brazil’s Minister of Environment participated in event in Berlin with the presidents of COP28 and COP29, and climate officials. How to fast-track the enforcement of the Paris Agreement was part of the discussions.
The three countries were mandated by 198 signatories to the Dubai agreement to work together on a roap to limit global warming to 1.5 degrees Celsius.
Brazil’s Minister of Environment and Climate Change told UAE news agency WAM that the decisions made at COP28 are the basis for initiating investments that are aligned with nature.
Environment Minister Marina Silva spoke to the press on Monday (11) afternoon in Dubai, on the penultimate day of COP28.
University of São Paulo and University of Sharjah signed an academic memorandum of understanding that will entail the exchange of knowledge and research, as well as the exchange of professors, students and researchers in fields of sustainability for the next five years.
In a on low-carbon industry held by industry group CNI on the sidelines of COP28, Arab-Brazilian Chamber institutional relations director Fernanda Baltazar suggested dialogue and concrete actions ahead of COP30 in Belém.
Ricardo Alban, president of the Brazilian Confederation of Industry, spoke about the challenges of what he called “the neo-industrialization of Brazil.” An event held by the CNI in Dubai brought together politicians, authorities, and businesspeople. The Arab-Brazilian Chamber signed a MoU with the entity aimed at positive agendas for COP30 in Belém.
In a conversation with Brazilian president Lula, the Emirati president confirmed the presence of Sultan Ahmed al-Jaber at a summit of Amazon countries heads, in Pará, in early August.
