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Climate Change Climate Action Plan Brazil

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - August 2024 #2

In this week’s edition, we look at a Brazilian enforcement action relating to illegal deforestation in the Amazon. We also discuss ESMA’s opinion on the functioning of the Sustainable Finance Framework, as well as proposed...more

Mayer Brown

ANP Publishes Individual Renovabio Emissions Targets for 2024 and 2023 Results

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On March 28, 2024, Brazil’s National Petroleum Agency (ANP) published the mandatory individual targets for reducing greenhouse gas emissions for 2024. These targets consider the global target of 38.78 million Decarbonization...more

Mayer Brown

IBAMA Implements New Calculation Method for Environmental Control and Inspection Fee (TCFA)

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Beginning April 2024, companies registered in Brazil’s Federal Technical Registry of Potentially Polluting Activities (CTF/APP) will begin to pay   the Environmental Control and Inspection Fee (TCFA) under a new calculation...more

Cadwalader, Wickersham & Taft LLP

Amazonian Nations Sign Joint Declaration but Fail to Agree Joint Target to End Illegal Deforestation

On August 9, 2023, the Brazilian city of Belém hosted a summit of the Amazonian Cooperation Treaty Organization (ACTO) with the participation of Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname and Venezuela. The...more

Cadwalader, Wickersham & Taft LLP

Brazil Launches Preparations for COP30 and Announces Eight Environmental Protection Decrees

On June 5, 2023, Brazil’s President, Luiz Inácio “Lula” da Silva, and the Minister of the Environment, Marina Silva, announced a package of eight presidential decrees designed to increase Brazil's leadership in mitigating...more

Cadwalader, Wickersham & Taft LLP

Brazilian Congress Approves Legislation Aiming to Stimulate Carbon Credit Markets

On May 2, 2023, the Brazilian Senate approved legislation that amends rules relating to public forest concession contracts and, significantly, now allows the use and commercialization of carbon credits. The amendment, which...more

Cadwalader, Wickersham & Taft LLP

Biden Administration Pledges $500 Million to the Amazon Fund

On April 20, during a meeting of the Major Economies Forum on Energy and Climate (MEF), President Biden pledged $500 million to the Amazon Fund, Brazil’s signature fund set up to raise donations for investments to prevent,...more

Cadwalader, Wickersham & Taft LLP

Brazil Appoints Luiz Alberto Figueiredo as Ambassador for Climate Change

On February 17, the Brazilian Ministry of Foreign Affairs appointed Luiz Alberto Figueiredo as the Brazilian Ambassador for Climate Change. Figueiredo is an experienced diplomat who previously served as Brazil’s permanent...more

Cadwalader, Wickersham & Taft LLP

Brazil Carries Out First Anti-Deforestation Raids

Recently, agents from Brazil’s environmental protection agency, the Institute of Environment and Renewable Natural Resources (Ibama), carried out the first significant environmental enforcement activity under the new...more

Cadwalader, Wickersham & Taft LLP

South America’s Anticipated Offshore Wind Boom

Foreign energy companies are taking initial steps to develop a large number of offshore wind farms along the coasts of Brazil and Colombia. As governments seek to reduce their carbon emissions to meet climate goals and...more

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