The new brazilian legislation on the regulation of Carbon Markets: highlights
On December 11, 2024, Brazil enacted Federal Law No. 15,042/2024, establishing a regulatory framework for the country’s carbon market. This legislation can be crucial for aligning Brazil with global climate commitments, introduces mechanisms to price carbon emissions, delineates obligations for high emitters, and integrates governance and safeguards to ensure effective implementation. The law’s provisions underscore … Continued