Global Scans · Brazil · Weekly Summary

WHAT'S NEXT?: A recession in Brazil is expected to bottom out with growth turning positive starting in 2017. Its economy is expected to require a long period of fiscal and monetary adjustment after the political turmoil and public discontent of the last two years.

• [New] At COP 30, Brazil will propose a global fund to reward countries for preserving rainforests - highlighting its struggle to balance environmental goals with economic pressures. DW.COM
• [New] President Lula has pledged to end illegal deforestation by 2030, and rates dropped over 30% last year. / Brazil DW.COM
• [New] Brazil intends to increase its biofuel production fourfold by 2035. TV BRICS
• [New] Fintech firms adept at integrating Central Bank Digital Currencies (CBDCs) and enabling cross-border local currency transactions, such as India's PhonePe (backed by Walmart) or Brazil's Nubank, could experience a surge in transaction volumes. BRICS
• [New] The combination of Brazilian environmental law, English civil procedure and a global claimant bar adept at pursuing cross-border actions means that mining companies - and their insurers - may have to rethink how they assess and price tailings-dam risk. Insurance Business
• [New] Global cotton production is forecast 2.4 million bales higher with increases of 1 million bales in China, about 900,000 bales in the United States, and 500,000 bales in Brazil. Farm Equipment
• [New] Brazil will harvest almost 139 million tonnes of corn in 2025-2026, a 1.6% drop from the previous crop year. MarketsFarm
• [New] Big Piles: Brazilian agricultural agency Conab estimates the total 2025-26 Brazilian grain harvest at 354.8 million metric tons. Morningstar, Inc.
• [New] The vibrant coastal city of Rio de Janeiro in Brazil will welcome the global ocean community in 2027 for the next Ocean Decade Conference: a milestone moment to accelerate science-based ocean action and shape the legacy of the Ocean Decade. Ocean Decade
• [New] Leaders will formally release a renewable roadmap next week at the COP 30 climate conference in Brazil. The Conversation
• [New] COP 30 2025 in Belem, Brazil, dubbed the COP of Adaptation, will focus on climate adaptation-helping countries adjust to floods, droughts, sea-level rise, and extreme weather-rather than just mitigation. Adda247
• [New] A new analysis from Schneider Electric and consultancy Systemiq projects the creation of up to 760,000 new bioenergy jobs by 2030, positioning Brazil as a global leader in renewable fuels. Schneider Electric SE
• [New] As COP 30 begins in Brazil, negotiators will focus on familiar pillars of climate action: new and revised NDCs 3.0, financing resilience and nature, food-systems transformation and enabling a just transition. Forbes
• [New] President Lula's centrepiece is a fund called the Tropical Forest Forever Facility that Brazil hopes will raise $125bn to protect tropical forests globally. BBC News
• [New] Brazil's biofuels bill offers an ambitious plan, one that could decide whether Brazil's renewable fuel revolution survives its own contradictions. Monica Piccinini
• [New] Brazil's sorghum output is projected to grow 8.4% in 2025/26 to 6.6 million tons, Conab estimates, after strong gains in recent years. Archer Financial Services
• [New] Production of corn ethanol is forecast to increase 22.6% in the current 2025/26 season. / Brazil Archer Financial Services
• [New] Amazon Brazil will integrate Nubank's NuPay into its checkout, allowing more than 100 million customers to make digital purchases using an additional credit limit and up to 24 monthly instalments. Retail Slop
• [New] Brazil will use its presidency in 2025 to officially launch the Tropical Forests Forever Facility, a global fund that will pay countries based on how well they protect their forests. Deutsche Welle
• [New] Lula's government has pledged to end deforestation by 2030, and rates fell by 30% last year. / Brazil Deutsche Welle
• [New] Brazil has coordinated the participation of an estimated 3,000 indigenous people, of which a third will be part of negotiations. ST
• [New] The conference in Brazil is expected to highlight the environmental stewardship of indigenous communities. ST

Last updated: 18 November 2025