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] Brazil, one of the largest pet care markets globally, achieved $14 billion in 2023 and is projected to experience the fastest growth among major markets, with expectations of a low double-digit CAGR by 2030. Corporate Finance Associates
• [New] Russia's System for Transfer of Financial Messages, China's Cross-Border Interbank Payment System, India's Unified Payments Interface (UPI), and Brazil's Pix will be linked for instant, secure, low-cost cross-border transfers. Drishti IAS
• [New] Brazil has been named Travel + Leisure's 2026 Destination of the Year, celebrating its unmatched diversity of landscapes, cultures, and experiences. Trawick International
• [New] Brazil's Supreme Court is expected to decide in 2026 whether an employment relationship exists between drivers and ride-hailing apps, the so-called uberization of work. valorinternational
• [New] One example of successful reform is Brazil's national school feeding program, which has removed most UPFs and will require 90% of school food to be fresh or minimally processed by 2026 (paper 2, panel 4). ScienceDaily
• [New] Among the major producing regions, Brazil, the US and Canada are all expected to see lower beef production. Just Food
• [New] COP 30, held in Belem, will show the limits of Brazilian soft power in leading the global environmental agenda while increasing oil production, expanding the fossil fuel frontier, and boosting agribusiness that exacerbates the climate crisis and its extreme weather events. International Viewpoint - online socialist magazine
• [New] The Devastation Bill directly threatens the Brazilian coastal zone - a region already extremely vulnerable to erosion, rising sea levels, and pressure on traditional fishing territories. Instituto Socioambiental - ISA
• [New] Projects in environmentally sensitive areas, such as roads and other large-scale works in the Amazon, could be carried out quickly and without environmental safeguards, increasing Brazil's greenhouse gas emissions, in direct contradiction with the COP 30 agenda. Instituto Socioambiental - ISA
• [New] Brazil is one of the countries that will be most affected by global climate change. EurekAlert!
• [New] The overall offshore crude and natural gas production is likely to increase by 2030, particularly in countries such as Iran, Qatar, and Brazil due to large undeveloped offshore reserves, and improving offshore technologies that optimize costs and improve resource recovery. Yahoo Finance
• [New] Wabtec will establish a global engineering center in Brazil (Railway Technology). New Energy Industrial Strategy (NEIS) Newsletter
• [New] Brazil's presidency offered a compromise: voluntary science-based roadmaps on fossil fuel transition and deforestation over 2026. ESG News
• [New] The Brazilian government is a key driver through the Brazilian Artificial Intelligence Plan 2024-2028 and the National Data Center Policy. Precedence Research
• [New] With Brazil's growing demand for digital services, cross-border partnerships in fintech and AI could unlock significant value. BRICS
• [New] A recent study from APIB, the Amazon Environmental Research Institute, and the Indigenous Climate Change Committee found that expanding Brazil's Indigenous territories could prevent up to 20% of additional deforestation and cut carbon emissions by 26% by 2030. The Optimist Daily: Making Solutions the News |
• [New] China's Tianjin Meat Association, which accounts for 15% of Chinese beef imports from Brazil, will buy fifty thousand tons of deforestation-free certified Brazilian beef. Council on Foreign Relations
• [New] Brazil's 2026/27 coffee output will rise to 71 million bags, with Arabica production expected to increase by 21.8% to 46.7 million bags, while Robusta output is forecast to decline by 6% to 24.3 million bags. CoffeeBI | Coffee Business Intelligence
• [New] Brazil has promised a four-fold increase in the use of biofuels, which can be controversial, by 2035. BBC News
• [New] India, Brazil, and Indonesia exemplify balancing AI growth with energy transitions, leveraging solar, wind, and geothermal amid coal reliance and climate risks. Ainvest
• [New] Brazil's biological inputs industry stands at a critical juncture as regulators begin drafting rules that will govern one of the world's fastest-growing agricultural sectors. AgroSpectrum Asia
• [New] Brazil, with its vast potential for solar and wind power generation, has a historic opportunity to become a sustainable energy powerhouse - with cheap, abundant and renewable energy. The Conversation
• [New] Extreme weather events will become more frequent and intense, and Brazil's 8,500 kilometers of coastline will face serious impacts from rising sea levels. The Conversation

Last updated: 02 December 2025