Brazilian President Jair Bolsonaro’s sort-of concession after his reelection loss to former President Luiz Inacio Lula da Silva should provide a sigh of relief for democracy backers. It paves the way for a peaceful transition of power in the world’s seventh most populous country.

Bolsonaro is vowing to follow the constitution, and his team is reaching out to Lula. With the military simultaneously scoffing at suggestions that it intervene for Bolsonaro, his protesting supporters will likely now return to their homes. This is no small deal: the election was very close. Bolsonaro is the first incumbent president in Brazil’s 34-year modern democracy to lose re-election, and he previously alleged fraud in its voting system.