INTERVIEW: Small ‘obligated parties’ in Brazil’s compliance market disproportionately burdened, gear up to fight

Published 20:55 on January 27, 2025 / Last updated at 20:55 on January 27, 2025 / / Americas (LATAM & Caribbean), Insights (Interviews), Nature-based Carbon (Other NbS), Net Zero Transition (Transport & Heating Fuels), Voluntary (VCM Governance)

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Brazil’s biofuels-based RenovaBio compliance carbon market is once again at the centre of controversy with the introduction of stricter penalties for fuel distributors that violate its ‘CBio’ credit purchase targets – which already placed smaller fuel distributors at a competitive disadvantage, according to a Brazilian RenovaBio researcher, sparking litigation.
Brazil’s biofuels-based RenovaBio compliance carbon market is once again at the centre of controversy with the introduction of stricter penalties for fuel distributors that violate its ‘CBio’ credit purchase targets – which already placed smaller fuel distributors at a competitive disadvantage, according to a Brazilian RenovaBio researcher, sparking litigation.


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