Text II
Brazil joins IEA as an Association country,
reshaping international energy governance
BRASILIA – The International Energy Agency
and Brazil jointly announced today that the country
joined the IEA as an Association country, opening
new avenues for cooperation towards a more secure
5 and sustainable energy future with Latin America’s
largest country.
“With today’s announcement of IEA Association,
we are taking another important step to place Brazil
at the centre of global debate on key energy policy
10 issues including renewable energy, energy efficiency,
rational use of fossil fuels, energy security and
sustainable development,” said Fernando Coelho
Filho, Minister of Mines and Energy
Brazil’s leading expertise in bioenergy, hydro
15 and other forms of clean and conventional energy
is recognized around the world, and provides an
excellent basis to develop solutions for global energy
challenges. The country’s experience in managing
renewable resources in its energy mix can contribute
20 greatly to IEA discussions on a broadened concept
of energy security. Brazil has also pioneered the use
of auctions for long-term contracts for renewable
energy, a model that is now successfully applied as
best-practice world-wide.
25 __ Brazil and the IEA plan to work jointly across a
wide range of energy-related activities. These include
implemention of The Biofuture Platform, which aims
to promote international coordination on advanced
low carbon fuels. The IEA will also support the
30 development of Brazil’s ten-year energy efficiency
plan and co-host an energy efficiency training event
in Brazil to share regional and global experiences.
“Brazil’s experience shows that policies do
matter,” said Dr Fatih Birol, the IEA’s Executive
35 Director. “Its determined and ambitious long-term
energy policies, developing deep-water oil resources
and expanding biofuels output, set an example to
countries around the world. As a result, our latest data
shows that Brazil will become a net oil exporter this
40 year, the first major consumer in recent history to ever
achieve such a turnaround.”
Dr Birol also congratulated Brazil for its recent
successful deepwater bid round. After depending on
oil imports since IEA records began in the 1970s, the
45 IEA now finds that Brazil will become a net exporter
this year, and exporting nearly one million barrels
of oil per day to world markets by 2022. This is the
result of a 50% increase in oil production in the past
decade thanks to a successful push into deep-water
50 production, and a biofuels programme that has helped
keep domestic oil-demand growth under control.
With Brazil, the IEA family now accounts for
over 70% of the world’s total energy consumption,
compared with less than 40% just two years ago. The
55 seven IEA Association countries are Brazil, China,
India, Indonesia, Morocco, Singapore and Thailand.
The agreement will allow the IEA to benefit from
Brazil’s unique experience, which has enabled it to
develop one of the cleanest energy mixes in the world.
60 Thanks to its expertise in global energy market and
policy analysis, the IEA can support Brazil’s efforts
and collaborate in its energy transition.
Available at: < https://www.iea.org/newsroom/news/2017/october/brazil-joins-iea-as-an-association-country-reshaping-international-energy-govern.html >. Retrieved on: 31 Oct. 2017. Adapted.
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