Carbon Market: Time for Regulation

Source: Um Só Planeta
Author: Janaína Dallan
Image: Klaus Veeterzy/Unsplash 

"The proposed bill includes a Brazilian Emissions Trading System and a National Registry for Emissions Reductions and Offsets, bringing more security and transparency." — By Janaína Dallan for Um Só Planeta 

As legislative activity resumes in Brasília, one of the most anticipated bills to combat climate change returns to the agenda: Bill 528, now being considered alongside Bill 2,148/2015. It proposes the regulation of Brazil’s carbon credit market and brings high expectations from both public institutions and civil society. More than that, this bill—crafted through multi-stakeholder collaboration—has much to offer in developing the sector.