By Brazil Stock Guide – Brazil’s national development bank, Banco Nacional de Desenvolvimento Econômico e Social, said it has opened a public call to select a partner to carry out a technical study on carbon credit certification in the country. The initiative is designed to assess how Brazil certifies carbon credits today and identify ways to expand and improve that capacity as global demand for verified emissions reductions grows.
The selected proposal will receive up to 10 million reais ($2 million) in non-reimbursable funding from the bank’s Project Structuring Fund. The study is expected to deliver a comprehensive diagnosis of Brazil’s carbon credit certification ecosystem, including institutional arrangements, technical standards and operational bottlenecks.
According to the bank, the work will focus on identifying opportunities to scale up certification, increase credibility and support the development of new carbon projects across different sectors of the economy. Strengthening certification is seen as a key step for Brazil to position itself more competitively in international carbon markets.
The initiative is being carried out in strategic partnership with the Finance Ministry and the Ministry of the Environment and Climate Change, underscoring the government’s effort to align economic policy with climate and sustainability goals. The collaboration aims to ensure that the study’s findings can inform future regulatory and policy decisions related to carbon markets.
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