Agriculture is a main economic activity of Brazil and is expected to produce BRL 2.46 trillion ($439 billion) of goods in 2024, according to estimates by the Center for Advanced Studies in Applied Economics of the University of São Paulo (USP). The academics estimate that farming will generate BRL 1.65 trillion and livestock BRL 801 billion, including machinery and service costs.

The Climate Observatory, a Brazilian NGO, estimates that 617 million tons of the total 2.3 billion gross tons of CO2 equivalent emitted by Brazil in 2022 came from agriculture. Deforestation, the nation’s top source of emissions, at 1.12 billion tons of CO2 equivalent in 2022, primarily results from clearing land for new pasture and crop fields.

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Source: PV Magazine

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