Brazil considers potential as carbon trading hub

Brazil considers potential as carbon trading hub

Bonds Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance Brazil Latin America

Brazil could create a global trading hub for carbon credits in the country, eyeing a market where only 20% of carbon emissions worldwide are subject to some form of pricing, Central Bank President Roberto Campos Neto said on Tuesday. "Brazil could be a carbon negotiating hub. Brazil could have a carbon-trading center. This is a project that we looked at [and] shows how important we think carbon pricing is," Campos Neto said during an online event hosted by the Climate Bonds Initiative (CBI). The

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