News & Analysis as of

Brazil Carbon Emissions

Mayer Brown

Tax Law Highlights | Taxation of Carbon Credits After the Consumption Tax Reform

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AT A GLANCE - Law 15,042/24 (the “Consumption Tax Reform”) was a milestone for the regulation of Brazil's carbon market. It established the regulated market called the Brazilian Emissions Trading System (SBCE), recognized...more

Mayer Brown

IMO Approves New Regulatory Package to Decarbonize International Maritime Transport

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Between April 7 and 11, 2025, during the 83rd session of the Marine Environment Protection Committee (MEPC), the International Maritime Organization (IMO) approved a new set of regulatory measures aimed at reducing greenhouse...more

Mayer Brown

Brazilian Emissions Trading System Approved by the National Congress

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On November 19, 2024, the Chamber of Deputies approved Bill No. 182/2024, establishing the Brazilian Emissions Trading System (SBCE), following its approval by the Federal Senate on November 13. The text now awaits...more

Mayer Brown

Brazil Enacts New Framework for Carbon Capture and Storage

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On October 8 2024, Brazil enacted Federal Law No. 14,993/2024, which stems from Bill No. 528/2020, the “Fuels of the Future Bill.” The new law, which addresses several matters related to decarbonization, provides for the...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - September 2024 #3

In this week’s edition, we discuss the Swiss Government’s rejection of a landmark ruling that the country had violated the human rights of a group of its citizens by failing to take adequate action on climate change; a report...more

Mayer Brown

Low-Carbon Hydrogen Legal Framework in Brazil: Law No. 14,948/2024 Sanctioned and Published

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On Friday, August 2, 2024, Law No. 14.948/2024 was sanctioned and published, establishing the legal framework for low-carbon hydrogen in Brazil. This legislation, dedicated exclusively to the regulation of one of the main...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - August 2024

In this week’s edition, we discuss a Colombian court’s ruling in favor of an indigenous community who challenged the legality of a carbon credit project and a letter written by environmental activist groups to 71 airlines...more

Mayer Brown

Emissions on International Flights: ANAC Publishes Regulations Incorporating Corsia Rules in Brazil

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On May 14, 2024, Brazil’s National Civil Aviation Agency (“ANAC”) approved Resolution No. 743/2024 (“Resolution”), which regulates the monitoring and offsetting of carbon dioxide (“CO2”) emissions on international flights....more

Vinson & Elkins LLP

Sustainable Aviation Fuel in Latin America

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As the aviation market moves towards a more sustainable future and fuel source, Brazil and other Latin American countries are likely to serve as key production locations for SAF due to their unique natural endowments and...more

Beveridge & Diamond PC

Latest Developments and Initiatives in Brazil

In this Brazilian environmental law update, we bring you the latest news on key initiatives shaping Brazil's regulatory framework and delve into diverse subjects ranging from financial responsibility and proposals for...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

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

New Brazilian Administration Signals Environmental Policy Despite Public Unrest

Luiz Inácio Lula da Silva assumed office on January 1 after being elected to a third term in a contentious and closely fought race. On his first day in office, Lula signed a package of executive orders, including seven that...more

Hogan Lovells

Brazil’s Central Bank issues Social, Environmental and Climate Risks and Opportunities Report

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The Central Bank of Brazil published a Report on Social, Environmental and Climate Risks and Opportunities in order to promote transparency, the availability of credit and sustainable finance in the Brazilian financial...more

WilmerHale

Biden Administration Highlights Commitment to Addressing Climate Change at International Summit

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In an extended Earth Day event, President Biden hosted the virtual Leaders Summit on Climate (“Summit”) on April 22 and 23, seeking to unite nations around the world in the goal of reducing global greenhouse gas (“GHG”)...more

(ACOEL) | American College of Environmental...

CARB Continues Global Leadership Role on Climate with Adoption of Tropical Forest Standard

After nearly a decade of work, on September 19, 2019, the California Air Resources Board (CARB) endorsed its much anticipated Tropical Forest Standard (TFS). The TFS is a first-of-its-kind framework for assessing...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2019 #2

Trump Said to Seek Limits on State Power in Pipeline Approvals - "Trump's order comes as the president continues to chafe at regulatory barriers he says throttle the full potential of American 'energy dominance,' while...more

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