Law Project 2.148 of 2015: Brazilian Greenhouse Gas Emissions Trading System (SBCE)
Fecha de inicio:
21/12/2023
Fecha de fin:
N/A
Description
The Brazilian Emissions Trading System for Greenhouse Gases establishes a regulated regime for limiting and trading greenhouse gas emissions in Brazil. It implements a "cap and trade" mechanism where a maximum emission limit is established and gradually reduced, forcing regulated agents to decrease their emissions or acquire emission rights. The system includes the creation of Brazilian Emission Quotas (CBE) and Verified Emission Reduction or Removal Certificates (CRVE), establishes safeguards for property rights of traditional communities, and defines mechanisms to avoid double counting of carbon credits.
Iniciative Type
Action scope
Sectors:
Thematic Areas:
Countries:
Instruments:
- Green, Social, or Sustainable Bonds
- Sustainability Standards or Protocols
- Carbon capture and storage
- Setting of emission reduction objectives and targets
- Countervailing measures
- Blockchain or digital traceability
- Emission trading systems (ETS)
- Agri-food digitilation
- Investment funds
- Carbon tax
- Incentives or subsidies for the adoption of good sustainable production practices
- Internet of things
- PES: Payment for environmental or ecosystem services
- Regulations, standards and legal frameworks
Resultados:
- Environmental sustainability
- Water quality
- Land use change
- Water management
- Reduction food loses and waste
- Increased knowledge
- Technological Innovation
- Energy transition
- Digital transformation
- Agrifood systems that use resources efficiently, are low carbon and more circular
- Soil health
- Watershed revitalization
- Climate change resilience
- Climate mitigation
- Improved productivity
- Income improvement
- Social inclusion
- Production inclusion
- Information generation
- Training of skilled technicians
- Market efficiency
- Economy and low carbon systems
- Trade competitiveness
- Biodiversity
Beneficiaries:
- Consumers
- Urban or peri-urban farmers
- Agro-industrial producers
- Agricultural producers
- Entrepreneurs
- Conglomerates or clusters
- Indigenous communities
- Public institutions
- Family agriculture
- Private enterprises
- Researchers
- Land owners or users
- Producer organizations (cooperatives, etc.)
- Women
- MSMEs
- Youth
- Exporters
- Rural communities
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