Brazil will play the role of observer in OPEC+ with the mission of convincing oil-producing countries to prepare for the end of fossil fuels, Lula underscored.

The president specified that “getting ready means leveraging that money they profit to make investments, so that continents such as Africa and Latin America can produce the renewable fuels they need, especially green hydrogen.”

“If you don’t create an alternative, you can’t say you’re going to get rid of fossil fuels,” he stressed.

OPEC+ is a group made up of 10 oil-producing countries, in addition to the 13 regular members of the OPEC-Organization of Petroleum Exporting Countries and allies, such as Russia, Mexico and Malaysia, which do not have voting rights. In Lula’s speech at COP28 on Friday, the president assured that it is necessary to reduce dependence on fossil fuels and accelerate the pace of decarbonization of the economy.

ef/omr/rgh/ocs