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Home Practical guide: Taking advantage of the emerging carbon market in Brazil

Practical guide: Taking advantage of the emerging carbon market in Brazil

1 November 2023 to 16: 18
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Carbon Market in Brazil?
Photo: https://exame.com/

How can Brazilian organizations benefit from a carbon neutral future?

Within the Brazilian scenario, a promising innovation stands out. Recently, the Senate Environment Committee approved Bill No. 412/2022, signaling a turnaround in Brazil's environmental and economic scenario.

The Carbon market, now in the process of being regulated in the country, carries a promising estimate: a potential to move up to US$100 billion, as indicated by the International Chamber of Commerce (ICC Brazil). In addition to offering an economic incentive, this market aims to achieve neutrality in emissions greenhouse gases by 2050, challenging companies to become greener and more eco-conscious.

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Getting Started in the Carbon Market

For companies eager to be part of this new horizon, the starting point is to examine their emissions report. With this data in hand, organizations can draw up strategic plans to reduce their emissions. This action, in addition to being beneficial for the environment, allows the generation of carbon credits ready to be commercialized.

The Importance of Verification

Ensuring the authenticity of these reports is essential. A meticulous review carried out by independent certifiers ensures that the information provided is accurate and genuine. This level of certification establishes a basis of trust between credit sellers and buyers, guaranteeing a transparent and legitimate operation.

Fun fact: every ton of gas we stop emitting turns into a carbon credit. These credits, in turn, become valuable for entities seeking to achieve reduction goals, especially those that face economic obstacles or still depend on more polluting sources.

And for those who think that the carbon market is limited only to the regulated sector, good news: the voluntary market remains active and vibrant. It brings with it opportunities in areas such as renewable energy, reforestation and energy efficiency.

Benefits beyond the Economic

Exploring this market does not just mean potential profits. It also represents an opportunity for companies to show their commitment to a sustainable future. Approaching the approval of PL 412/2022, Brazil reinforces its position in the global race towards a carbon neutral 2050. This movement solidifies the country as a protagonist in the battle against climate change and places it in a prominent position in the global Carbon Market.

Paulo Bertolini is the general director of APCER Brasil, a renowned Portuguese company specializing in certification and auditing. In a world in constant evolution, APCER stands out for offering valuable solutions for organizations in all sectors. Find out more about the services provided through the company's official website.

Source: Paulo Bertolini, general director of APCER Brasil.

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