OPINION. Protecting the climate, without giving up on progress
O Brasil precisa proteger sua meta climática sem fechar a porta à demanda internacional. As decisões após a consulta pública sobre a regulamentação dos Resultados de Mitigação Transferidos Internacionalmente, os ITMOs, coloca o Brasil diante de uma decisão que pode definir sua posição na economia global de baixo carbono. O país avançou. Criou o Sistema […] The post OPINIÃO. Proteger o clima, sem…
Brazil is at a crossroads in defining its position in the global low-carbon economy, particularly regarding the regulation of Internationally Transferred Mitigation Outcomes (ITMOs). The country has made progress in creating a system for emission trading, expanding the Climate Fund, and launching Eco Invest Brazil to finance ecological transformation.
However, experts warn that Brazil's cautious approach to ITMOs should not turn into inaction, as this could cause the country to miss the opportunity to attract international buyers structuring long-term contracts. If Brazil does not authorize ITMOs, it may not necessarily preserve more reductions for its climate target, but rather cause projects to not exist, ultimately harming the country's Nationally Determined Contribution (NDC) and the global climate.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
