Climate Policy MonitorClimate Policy Monitor

Brazil

2024

Domain Assessment

The Monitor assesses how ambitious, comprehensive, and stringent net zero regulations and policies are across different jurisdictions and domains, considering up to 265 data points for each policy tool.

Please hover over a table column to see a description
Climate-related disclosureCriteria fulfilledCriteria not fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilled
Transition planningCriteria fulfilledCriteria fulfilledCriteria not fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria not fulfilledCriteria fulfilled
Public procurementCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria fulfilledCriteria not fulfilledCriteria not fulfilled
Legend
  • - Criteria fulfilled
  • - Criteria not fulfilled

Policy Tool Assessment

11 policy tools

Our law firm network identifies and analyses policy tools relevant to each domain to allow the Monitor to assess their ambition, stringency, and comprehensiveness.

Policy Tool NameDomainYear in forceNet zero alignedDomain ambition 1Domain ambition 2MandatoryEnforceableData transparency & verificationVariety of targeted entities / activitiesScope 3/non-carbon GHGsOffsets
Brazilian Central Bank Resolution No. 139, National Monetary Council Resolution No. 4945, Central Bank Normative Instruction No. 153, National Monetary Council Resolution No. 4943 (Resolução BCB nº 139, Resolução CMN nº 4945, Instrução Normativa BCB nº 153, Resolução CMN nº 4943)D2021NoNoNoYesNoYesNoNoNo
Brazilian Central Bank Resolution No. 151/2021 - Provides details for the submission of information on social, environmental and climate risks (Resolução BCB nº 151/2021 - Dispõe sobre a remessa de informações relativas a riscos sociais, ambientais e climáticos)D2021NoNoNoYesNoNoNoYesYes
CVM Resolution 80/2022 - Registration and provision of periodic and occasional information by issuers of securities admitted to trading on regulated securities markets (Resolução CVM 80/2022 - Dispõe sobre o registro e a prestação de informações periódicas e eventuais dos emissores de valores mobiliários admitidos à negociação em mercados regulamentados de valores mobiliários)D2022NoNoNoYesYesYesYesYesNo
CVM Resolution No. 193/2023 - Disclosure of the financial information report related to sustainability, based on the standard issued by the International Sustainability Standards Board - ISSB (Resolução CVM nº 193/2023 - Dispõe sobre a elaboração e divulgação do relatório de informações financeiras relacionadas à sustentabilidade, com base no padrão internacional emitido pelo International Sustainability Standards Board - ISSB)D2023YesNoYesYesNoYesNoYesYes
Law No. 12,187/2009 - National Climate Change Policy (Lei nº 12.187/2009 - Política Nacional sobre Mudança do Clima - PNMC)TP2009NoNoNoYesYesNoYesNoYes
Law No. 13,576/2017 - Brazilian National Biofuel Policy (RenovaBio) (Lei nº 13.576/2017 - Política Nacional de Biocombustíveis (RenovaBio))TP2017NoYesNoYesYesYesNoNoYes
Law No. 13.303/2016 - State-owned enterprises law (Lei nº 13.303/2016 - Lei das Estatais)PP2016NoNoYesYesNoNoNoNoNo
Law No. 14,133/2021 (Lei Nº 14.133, de 1º de abril de 2021)PP2021NoNoYesYesYesYesYesNoNo
Law No. 14,904/2024 - Establishes guidelines for the development of climate change adaptation plans (Lei nº 14.904/2024 - Estabelece diretrizes para a elaboração de planos de adaptação à mudança do clima)TP2024NoYesNoYesNoNoYesNoNo
Ordinance of the Ministry of Transport No. 622/2024 - Guidelines for the allocation of resources in road concession contracts aimed at developing resilient infrastructure, mitigating greenhouse gas (GHG) emissions and the energy transition (Portaria nº 622/2024 do Ministério dos Transportes - Estabelece diretrizes para alocação de recursos em contratos de concessão rodoviária visando ao desenvolvimento de infraestrutura resiliente, à mitigação das emissões de gases de efeito estufa (GEE) e à transição energética)TP, PP2024YesYesNoYesNoNoYesNoNo
Private Insurance Authority's (SUSEP) Circular No. 666/2022 - Establishes sustainability requirements to be observed by insurance companies, open supplementary pension entities, capitalization companies and local reinsurers (Circular SUSEP nº 666/2022 - Dispõe sobre requisitos de sustentabilidade, a serem observados pelas sociedades seguradoras, entidades abertas de previdência complementar, sociedades de capitalização e resseguradores locais)D2022NoNoNoYesYesYesYesNoNo
Legend
  • D Disclosure
  • TP Transition Planning
  • PP Public Procurement
  • Ambitious
  • Stringent
  • Comprehensive
  • Criteria not fulfilled

Legal Expert Network

Mattos Filho logo

Mattos Filho

Authors

  • Antonio Reis (Lead)
  • Gabriela Trovões (Lead)
  • Anna Gandolfi
  • Ana Clara Aranha
  • Henrique Antunes
  • Juliana Ramalho
  • Mariana Diel
  • Rafaela Maron
  • Rômulo Sampaio
  • Tábata Guerra
  • Yasmin Tomaino

Survey PDF

Pinheiro Neto logo

Pinheiro Neto

Domains covered:

  • Disclosure
  • Transition Planning
  • Public Procurement

Authors

  • Paula Susanna Amaral Mello (lead)
  • Natalia Azevedo de Carvalho
  • Heloísa Figueiredo Ferraz
  • Raíssa Lilavati Barbosa Abbas Campelo
  • Ana Beatriz Barbosa Casolaro
  • Alice Galande

Survey PDF