Brazil: Biofuels Annual

Brazil is the world’s second-largest ethanol and third-largest biodiesel producer but has yet to introduce renewable diesel or sustainable aviation fuel. Post forecasts total ethanol production at 32.5 billion liters in CY 2024, with cane ethanol forecast at 25.5 billion liters and corn ethanol production at seven billion liters. Post estimates biodiesel production at 8.9 billion liters in CY 2024, an 18 percent increase over the previous year. According to government sources, sugarcane ethanol and biodiesel contributed to the reduction of 71.1 MtCO2e GHG emissions in 2022 compared to the gasoline and diesel they replaced. In November 2023, Brazil announced a new target to reduce greenhouse gas (GHG) emissions by 48.4 percent by 2025 and 53.1 percent by 2030 compared to base year 2005.