Environmental governance in Brazil
Open-knowledge reference entry
Environmental governance is a concept in environmental policy that steers markets, technology and society towards sustainability. It considers social, economic and environmental aspects of its policies.
Brazil is developing at a very fast rate. Currently, it's only out-performed by countries such as China and India, both in terms of economic growth and its recovery rate after the 2008 financial crisis.
The saying that "Brazil is the country of the future...and it always will be" has haunted Brazil for decades. But economic policy changes made since the founding of the New Republic have allowed Brazil to gain international confidence. Brazil is no longer referred to as a developing country, but as an emerging country, a newly industrialised country and a member of the BRIC (Brazil, Russia, India, and China) economies. Additionally, Brazil has developed into a major oil producer. Relying heavily on their domestic industry, in 2019 50% of all power produced and used within Brazil came from oil. However, Brazil is more known internationally for their oil and petroleum exports.
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