Scenarios for offshore wind development in Brazil

Executive Summary

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This report was prepared with the aim of supporting the government of Brazil in setting public policies towards its energy transition by looking at offshore wind development. The report was initiated by the World Bank (WB) and the International Finance Corporation (IFC) under the umbrella of the World Bank Group’s Offshore Wind Development Program, and was done in collaboration with the Brazil Ministry of Mines and Energy (MME) and the Energy Research Office (EPE). Founded in 2019, the WBG’s Offshore Wind Development Program aims to accelerate offshore wind development in emerging markets. This report was funded by the World Bank Group’s Energy Sector Management Assistance Program (ESMAP) and Blue Economy Program (PROBLUE).