British News Agency

Brazilian President Luiz Inácio Lula da Silva announced that his country is planning for the future of its energy sector without compromising development, sovereignty or environmental protection.

Commenting on the energy transition, Lula said, "Brazil is showing that it is possible to plan for the future of energy without giving up development, sovereignty or environmental protection."

Lula stated that his country had taken steps to protect the environment and reduced deforestation across all biomes, emphasizing investments in renewable energy sources. "We are investing in a renewable energy mix. We have the technology, production capacity and conditions to lead this discussion," Lula said.

Noting that Brazil would represent this approach at the upcoming COP31, Lula stated, "Brazil will not just talk about the energy transition; it will show that it is possible."