The goal of CBios 2021 is about decarbonization credits by fuel distributor, where Raízen, BR and Ipiranga are at the top of the list of companies

Yesterday, the ANP published preliminary targets for purchases of decarbonization credits (CBios) by fuel distributors in 2021, where Raízen, BR Distribuidora and Ipiranga lead CBios targets for 2021. BR Distribuidora will have the highest individual target among companies in the sector for next year. Sustainability in ports and shipyards – Find out how it happens in practice

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The total CBios trading target was maintained at 24,8 million bonds, as projected by the Brazilian government in September. According to the ANP resolution, will be responsible for the purchase of 6,54 million CBios next year, equivalent to 26,3% of the total. Each credit represents a ton of carbon dioxide that is no longer emitted.

Following, Ipiranga has the second highest goal, 4,75 million titles, or 19,1% of the total. Close behind is Raízen Combustíveis, a joint venture between Shell and Cosan, which will have as its objective the purchase of 4,38 million CBios, equivalent to 17,6% of the programmed total.

About CBios

The CBios are part of the RenovaBio program, which aims to remove millions of tons of carbon dioxide from the atmosphere and boost the biofuel sector, contributing to the goals established in 2015 by the Paris Agreement.

The credits are issued by ethanol and biodiesel producers, and the goals projected for a ten-year horizon gradually advance, year by year, until they reach 90,67 million titles in 2030, according to government data.