The Kyoto Protocol (1997) was the first binding international agreement aimed to limit and reduce greenhouse gas emissions (GGE) by 5% based on 1990 levels in the period between 2008-2012. Since then, new stricter arrangements took place, such as: the Doha Amendment (2012), the second period of the Kyoto Protocol (2013-2020) and the Paris Agreement (2015). Certainly, the continuous increment of the global GGE have demanded more ambitious goals to fight against climate change, in an increasingly complex landscape immersed in the global economic recovery post-COVID19, the Ukraine war, as well as, efforts to reduce GGE are done unevenly among countries and so on. In this context, next COP28 will take place in Dubai in November 2023, which is expected to show the results of the first “Global Stocktake” to verify the effectiveness of the Paris Agreement commitments, facing a shorter period to maintain the increase in the global average temperature below 2°C above pre-industrial levels by th...
Energy is essential for economic development and its evolution is highly dynamic nowadays. I would like to share my thoughts an analysis about the energy market, addressing issues related to fossil and renewables energies, energy transition and carbon emission reduction, as well as, economic and geopolitical aspects. I am aimed to provide some understandings about the energy sector, its trends and contribute to design strategies for market players.