backOn May 5, 2025, Brazil’s Finance Minister Fernando Haddad participated in the 28th Global Conference of the Milken Institute in Los Angeles, marking the first-ever session in Portuguese at the event. During his address, Haddad outlined Brazil’s vision for sustainable growth, with a strong emphasis on digital transformation and ecological transition. A key announcement was the upcoming National Data Center Policy, which anticipates the effects of the Tax Reform for the digital sector, including investment and export tax exemptions. The goal, he stated, is to power Brazil’s digital infrastructure with clean energy while ensuring both legal and cybersecurity, positioning the country as a global digital and green leader.
In addition to digital policy, Haddad reaffirmed the government’s commitment to macroeconomic stability and structural reforms, such as the tax overhaul, carbon market regulation, and credit access. Presenting the Green Transformation Plan — which encompasses over 100 initiatives — the minister highlighted Brazil’s readiness to lead global environmental solutions ahead of COP30, to be hosted in Belém. The plan includes advanced financial arrangements to compensate developing nations for preserving tropical forests, and aims to push for a regulated international carbon market. According to Haddad, Brazil is poised for inclusive and sustainable economic growth, targeting a 3% annual rate as a foundation for long-term prosperity.
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