These events are identified as points where Brazilian climate priorities will be established and represent key milestones where progress on reform topics must be achieved.
Integrate climate insurance into national adaptation policy frameworks to align risk transfer with resilience planning and public financial protection.
Fiscal Reforms and Regulations
Integrate climate criteria into Brazil’s fiscal rule frameworks and legal interpretations of the Fiscal Responsibility Law (LRF), making climate objectives binding in fiscal planning,
Operationalize the Brazilian Emissions Trading System (across all five phases).
Monetary Policy, Financial Regulation, and Supervision
Pilot climate-compatible collateral policies (e.g., disclosure-based eligibility or haircuts) subject to strict integrity criteria and periodic review.
Reform ESG frameworks and corporate sustainability ratings to explicitly incorporate resilience, climate risk adaptation, and ecosystem stability as material factors.
Urban and Subnational Finance
Institutionalize urban climate finance within municipal budgeting and credit access frameworks.
Promote private-sector export capacity and competitiveness.
Monetary Policy, Financial Regulation, and Supervision
Expand climate scenario analysis and bottom-up stress tests to influence IInternal Capital Adequacy Assessment Process, governance remediation, and supervisory dialogue across major banks.
Project Preparation and Business Development Facilities
Standardize climate-tagged prep: embed taxonomy-aligned KPIs and MRV in BNDES/CAIXA/PPI ToRs so climate benefits and private bankability are evidenced from feasibility stage
Improve affordability and accessibility of insurance for underserved producers in the North and Northeast via public-private partnerships and premium support.
Sovereign Debt Architecture
Institutionalize the national environmental accounts (CEA), embedding them into Brazil’s fiscal and financial governance frameworks
New York, US
Global Innovation Lab for Climate Finance Endorsement Meeting
Implement targeted fiscal measures for agriculture, energy-intensive industries, and transportation, which remain largely outside direct emissions regulation
Mobilize large-scale private investment in low-carbon energy through structured deals using incentivized bonds, sustainability-linked instruments, and blended finance solutions.
Brazil Climate and Ecological Transformation Investment Platform
Strengthen institutional coordination among federal ministries, subnational actors, and international partners to align strategies and mobilization efforts
Embed climate priorities into major fiscal reforms (e.g., tax reform) by enacting enabling laws that operationalize green tax instruments and earmark revenues for climate action
Levies on High-emitting Activities
Engage Congress, subnational governments, and sectoral associations in consultations to refine proportional taxation models
Generate and disclose robust data on Foreign exchange exposure and mitigation pathways in Brazilian climate deals to support investor decision-making and credit approvals.
Strengthen technical and institutional capacity in smaller municipalities, enabling them to effectively translate national adaptation guidance into localized, actionable measures
Enable municipal issuance of urban green bonds linked to climate-resilient infrastructure and waste management.
Climate-resilient Debt Clauses and Pre-emptive Reprofiling
Develop a legal and financial framework to integrate CRDCs into Brazil’s complex public debt structure, accommodating diversified maturities, multiple currencies, and a broad creditor base
Reduce high land-use emissions by strengthening enforcement against deforestation, eliminating illegal land conversion, and ensuring consistent political commitment across all regions.