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Business sector calls for creation of national carbon market

Document signed by 45 large companies was delivered at a meeting held with Geraldo Alckmin

Business sector calls for creation of national carbon market

Letter highlights that the regulated carbon market plays an essential role in the transition to a green economy. Photo: Ecoassist

The Vice President of the Republic Geraldo Alckmin received, last Saturday (27), a document signed by 45 large companies calling for the creation of a regulated Brazilian carbon market. 

A letter was delivered in hands by CEBDS (Brazilian Business Council for Sustainable Development) in a private meeting with presence of CEOs of associated companies, in São Paulo.

The text highlights that this regulated market has essential role in the transition to a green economy, leading to increased productivity, the generation of jobs and income for Brazilians and also avoiding possible international sanctions related to climate issues.

“It is an opportunity for Brazil to reinforce its role as a global protagonist. Therefore, it is essential to act now to have results to deliver. It is necessary to act quickly so that the country can actually capture these opportunities and play a global role in the carbon market, whether by fulfilling its emissions reduction commitments or by generating credits to offset emissions in the domestic and foreign markets”, punctuates the document.

For CEBDS, in addition to being a hardware that works to reduce greenhouse gas emissions, the national regulated carbon market would be an important incentive for directing investments towards cleaner technologies.

According to the document, several regions of the world have a carbon market to encourage green businesses, such as the European Union, China and California. In Brazil, what there are bills under discussion in the House and Senate (Learn more). 

The letter delivered to the Vice President of the Republic is signed by companies from different sectors: energy, banks, mining, cosmetics, oil & gas, food, consumer goods, retail, paper & cellulose, agriculture, logistics, steel and technology.

Other topics were also discussed at the meeting. considered by businesspeople as priorities for the sustainable development of the country, such as the energy transition and the path that must be followed by Brazil until the COP 30, which will be held in Belém, Pará, in 2025.

A full letter delivered to Geraldo Alckmin can be accessed at this link.

Henrique Hein
About the Author
Henrique Hein

He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.

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