Our partner, Lúcia Aragão, from the Energy & Natural Resources: Energy Transition practice, speaks to BNamericas about the recent approval of the bill regulating Brazil's carbon market. The proposal, which went to the President for promulgation, stipulates a regulated market and a voluntary market for securities representing the emission or removal of greenhouse gases.
According to Lúcia, the final bill was improved thanks to changes made in the Senate. “This measure enables flexibility and the global reach of emissions mitigation policies in accordance with the provisions of the Paris Agreement,” she comments.
The full article is available here.