Brazilian Sustainable Taxonomy announcement

Develop sector-specific mitigation plans for agriculture and industry, addressing rising methane emissions and deploying cost-effective abatement solutions

Build a high-integrity pipeline of verified reductions and removals

Finalize GRSAC–ISSB/CBPS convergence and taxonomy tagging so climate data reliably feeds pricing, indices, and benchmarks used by private investors.

Build integrated MRV systems by consolidating fragmented data sources across agriculture, forestry, and rural finance, enabling scalable and verifiable application of taxonomy criteria. Strengthen institutional capacity among regulators and financial institutions to implement MRV aligned with CBPS (Socio-environmental Best Practice Guidelines) standards and integrate climate data into internal reporting. Ensure interoperability of Brazil’s taxonomy with international systems while incorporating national social and environmental priorities into criteria design and governance. Establish strong enforcement and disclosure linkages to prevent greenwashing and uphold the credibility of taxonomy-aligned sustainable finance.

Institutionalize standardized green budget tagging across sectors and levels of government, ensuring that it directly informs spending decisions and resource allocation.

Establish a unified national monitoring and evaluation system to consistently track adaptation progress, assess impacts, and integrate data across sectors and subnational levels

Develop comprehensive emissions monitoring and verification systems beyond the Emissions Trading System to support accurate, fair, and enforceable emissions-based levies

Improve data systems to evaluate subsidy effectiveness and climate impacts with reliable evidence

Institutionalize monitoring and evaluation systems for co-financed climate impacts, ensuring accountability and alignment with national targets