Americas > Brazil swapping Bolsonaro’s bottom-up climate decree for new carbon market approach -report

Brazil swapping Bolsonaro’s bottom-up climate decree for new carbon market approach -report

Published 21:47 on May 23, 2023  /  Last updated at 21:47 on May 23, 2023  / /  Americas, Nature-based, South & Central, Voluntary

The first shift in Brazilian carbon market regulation under President Luiz Inacio Lula da Silva has begun after local media reported of an impending scrap of last May's presidential decree from right-wing predecessor Jair Bolsonaro, while a Senate committee has scheduled a hearing on a related bill this week that could draw executive branch backing.
The first shift in Brazilian carbon market regulation under President Luiz Inacio Lula da Silva has begun after local media reported of an impending scrap of last May's presidential decree from right-wing predecessor Jair Bolsonaro, while a Senate committee has scheduled a hearing on a related bill this week that could draw executive branch backing.


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