Americas > Brazilian president’s ETS proposal foresees auctions, UN carbon trading interaction

Brazilian president’s ETS proposal foresees auctions, UN carbon trading interaction

Published 21:47 on August 8, 2023  /  Last updated at 21:47 on August 8, 2023  / Matthew Lithgow /  Americas, International, Kyoto Mechanisms, Paris Article 6, South & Central, Voluntary

A cap-and-trade programme devised by Brazilian President Luiz Inacio Lula da Silva’s administration will feature design elements such as auctions and price stability mechanisms, as well as automatically allow UN offsetting methodologies to generate compliance credits under the regime, according to a draft proposal seen by Carbon Pulse.
A cap-and-trade programme devised by Brazilian President Luiz Inacio Lula da Silva’s administration will feature design elements such as auctions and price stability mechanisms, as well as automatically allow UN offsetting methodologies to generate compliance credits under the regime, according to a draft proposal seen by Carbon Pulse.


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