On December 21, 2023, the Brazilian House of Representatives approved the new text of Bill 2.148/15 (PL), which aims to create the Brazilian Greenhouse Gas Emissions Trading System (SBCE), i.e. the regulated carbon market in Brazil. The text will still be sent to the Brazilian Federal Senate and could return to the House of Representatives if further changes are made.
Access the official text (in Portuguese) here.
Our Environment, Sustainability and Climate Change team is following every step of the process and has prepared this infographic to help you understand the main aspects of the new proposed legislation.