Brazil vice president says carbon market could increase GDP by 5%

Brazil’s vice president Geraldo Alckmin said the carbon market could surge by 5% the GDP of the country and bring in USD 120 billion by 2030. Alckmin, who’s also the minister of Development, Industry, Trade and Services, spoke about the topic at an event in the National Confederation of Industry (CNI), Brazil’s top industry lobby, on June 20.