Perspective of emission regulation in Brazil

The establishment of a Regulated Carbon Market begins to gain support from the new government

With 4 bills under discussion in the National Congress, and growing support from the private sector, the Carbon Market was the focus of a workshop held by iCS, CEBDS, IDS and Talanoa at the start of April.

The meeting included the Secretary of the Green Economy of the Ministry of Development, Industry, Trade and Services (MDIC) and the productive sector in order to reinforce the support of society and the private sector for legislation that establishes emission limits and a system for the trading of licenses. The Secretary of the Green Economy pointed out that the position of the new government will be built in partnership with the other ministries involved in the matter and with the broad participation of civil society and the Brazilian productive sector.

Workshop about the Regulated Carbon Market / Credit: Gustavo Pinheiro

Perspective of emission regulation in Brazil

The establishment of a Regulated Carbon Market begins to gain support from the new government

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Area 4 – Climate policy and institutional framework

Watchdog

Foreign policy

Climate Policy

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Just Financial Transition

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Strengthen the watchdog capacity of civil society in relation to the commitments made at the national and subnational level and by the private sector that contribute to achieving the goals of the Paris Agreement.

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Just Financial Transition

Redirection of investments

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Population of the urban Amazon

Black population

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Voters

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Indigenous peoples and traditional communities

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Population of the urban Amazon

Engage the urban population of the Amazon in the defense of the social and environmental integrity in the cities of the Amazon and contribute to the advancement of the climate agenda, with the strengthened local civil society to play a leading role in the changes.

Black population

Promote the leadership of the Afro-descendant population in the climate debate and their fair participation in the decision-making processes, allowing them to promote solutions that are compatible with their security and rights and appropriate intersectoral climate actions and policies.

Entrepreneurs and business owners

Inform and engage entrepreneurs and business owners to lead the transition to a low carbon economy.

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Renewables

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Promote the transition of the strategic industrial sectors to comply with a low carbon economic structure, considering the opportunities offered by energy efficiency, electrification, low carbon fuels such as biomethane and green hydrogen, as well as possible disruptive technologies.

Fossil fuel in electric generation

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Fuel for transport

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Forest Code

Strengthen the implementation of the Forest Code by the strengthening of the command and control mechanisms, the consolidation and improvement of regulations, the support/promotion of technical assistance and economic incentives.

Traceability

Ensure that large companies in Brazil implement traceability mechanisms, and that domestic consumers and market players use traceability information to make informed food choices.

Forest Carbon

Promote carbon pricing instruments that contribute to the financing of the forest restoration, guaranteeing integrity and socioenvironmental safeguards.

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Landholding Governance

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Combating Deforestation

Combating deforestation through intelligence, the reconstruction of the institutional and legal apparatus, and making public and private agents responsible for promoting it.

Just Transition of Agriculture

Promote a low carbon transition in Brazil, guaranteeing sustainable agricultural systems and their benefits for the Brazilian population.

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