Geopolitical events
On August 15, 2026, the Brazilian administration launched a $40 billion "Green Industrialization Policy," a strategic public investment initiative targeting the domestic production of green hydrogen and sustainable aviation fuel (SAF). This fiscal measure is designed to leverage the global energy transition accelerated by the West Asia War's impact on fossil fuel volatility. President Luiz Inácio Lula da Silva positioned the policy as a cornerstone for Brazil’s "post--carbon economic leadership," projecting a 20% growth in industrial exports by 2030.