CARBON MARKET

Brazil announces national carbon credit certifier

Ecora will expand credibility and investment in the Brazilian carbon market. The initiative — the result of a partnership between BNDES, Bradesco, and the Ecogreen Fund — was presented at COP30 in Belém (PA)

The launch of Ecora brought together leaders who aimed to strengthen Brazil's carbon market. Image: Rúbio Marra/BNDES
The launch of Ecora brought together leaders who aimed to strengthen Brazil's carbon market. Image: Rúbio Marra/BNDES

By BNDES News Agency

On Tuesday, 11 November, the 30th Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change took place in Belém, Pará. A new national carbon credit certifier—Ecora—has been launched to strengthen Brazil’s climate infrastructure and boost the low-carbon economy.

The joint initiative by the Brazilian Development Bank (BNDES), Bradesco, and the Ecogreen Fund has the technical support of Aecom, one of the largest global consultancies in engineering, infrastructure, and sustainability.

Ecora will meet the sector’s demand across all biomes, aligned with decarbonization policies and the maturation of the national market. With advanced technology, the initiative will ensure security, transparency, and credibility, positioning Brazil as a leader in the global sustainability agenda.

The new certifier will be built on the Conservare platform, which ensures traceability, automation, and full lifecycle management of carbon credits — from feasibility analysis to final retirement. The solution will integrate public data systems, project management, and geospatial analyses.

Carbon market

To understand the carbon certification landscape in Brazil, the federal government conducted a public consultation on the topic in the first half of this year. The survey was carried out by BNDES and the Ministry of the Environment and Climate Change (Ministério do Meio Ambiente e Mudança do Clima/ MMA).

BNDES President MR. Aloizio Mercadante said that the bank aims to strengthen the sector in Brazil and ensure international competitiveness. “This project will democratize and establish dialogue with the new legislation for the regulated market,” he emphasized. Mercadante highlighted the country’s broad tropical forest coverage and Ecora’s potential to develop methodologies adapted to the Brazilian context and reduce costs

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English version: Trad. Bárbara Menezes.
Proofreading by Enrique Villamil.