Law No. 14,119 that creates the National Policy of Payments for Environmental Services in Brazil

Law No. 14,119, enacted on January 13, 2021 in Brazil, establishes the National Payment for Environmental Services Policy (PNPSA). This legislation defines the concepts, objectives, guidelines, actions and criteria for the implementation of this policy, in addition to establishing the National Registry of Payment for Environmental Services (CNPSA) and the Federal Program of Payment for Environmental Services (PFPSA). Among the specific actions contemplated by the law are direct payments, both monetary and non-monetary, social improvements for rural and urban communities, and compensation linked to emission reduction certificates for deforestation and degradation.