Experts from different areas participated in two panels to discuss the implementation of Article 6 of the Paris Agreement.

The carbon markets in Brazil and the implementation of Article 6 of the Paris Agreement were the topics of an event promoted by LACLIMA with members from civil society, the private sector and the public sector at Aya Hub, in São Paulo, on April 23. The subjects were divided into two panels mediated by Caroline Prolo, the co-founder of LACLIMA, and by Juliana Marcussi, a senior consultant of carbon markets at LACLIMA. The debate provided legal analyses regarding the carbon markets of the Paris Agreement.

The first focused on the operationalization of Article 6, of the global climate agreement, which was signed in 2015 during the 21st Conference of the Parties (COP 21), of the United Nations Framework Convention on Climate Change (UNFCCC), and the role of Brazil in the decarbonization process.

The second panel, in turn, discussed the bill currently in progress in the National Congress, which aims to create and regulate the Brazilian System of Trading of Emissions (SCBE) and its correlation with other carbon markets in the country. Because Brazil is one of the largest emitters of greenhouse gases, the objective of the proposal is to establish incentives to curb the emissions and climate impacts of the companies and, consequently, to align the country with the best international practices of sustainability.

The proposed Bill subjects only the operators of sources and activities that emit more than 25,000 tons of carbon dioxide equivalent (tCO2e) per year to the regulations of the SBCE. Furthermore, a period of up to seven years is expected for the implementation of the SBCE so that companies can adapt to the new rules.

The panels included several experts on the topic, namely: Guido Penido (World Bank), Pedro Carvalho (ecosecurities), Pedro Venzon (IETA), Beatriz Granziera (TNC), Thiago Assunção (One Tree Planted), Thais de Castro Stoppe (Geonoma), Ana Luci Grizzi (EY) , Ludovino Lopes (Ludovino Lopes Advogados), João Daniel de Carvalho (Pachama) and Fernanda Rotta (Rotta e Moro Advogados).

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