In brief
The Brazilian Extraordinary Secretariat for the Carbon Market has announced the private sector entities that will join the Permanent Technical Advisory Committee and contribute to the development of the next phases of the Brazilian Emissions Trading System (SBCE) regulatory framework.
Key takeaways
On 6 March 2026, the Brazilian Carbon Market Secretariat announced the private sector entities selected to join the Permanent Technical Advisory Committee (CTCP), as follows:
- Energy sector: Instituto Brasileiro de Petróleo e Gás (IBP);
- Industry sector: Confederação Nacional da Indústria (CNI);
- Urban mobility sector: União da Agroindústria Canavieira e de Bioenergia do Brasil (Unica);
- Waste sector: Associação Brasileira de Resíduos e Meio Ambiente (Abrema);
- Transport sector: Confederação Nacional do Transporte (CNT);
- Agriculture, livestock, forestry, and land use sector: Confederação Nacional da Agricultura e Pecuária (CNA);
- Financial institutions operating in environmental markets: Associação Brasileira de Entidades dos Mercados Financeiro e de Capitais (Anbima); Confederação Nacional das Empresas de Seguros Gerais, Previdência Privada e Vida, Saúde Suplementar e Capitalização (CNSeg); and Federação Brasileira de Bancos (Febraban).
In more detail
Under Law No. 15,042/2024, which established the SBCE, the CTCP was created as an advisory body responsible for providing technical input and recommendations to support the development and improvement of the system. The CTCP’s scope includes, among other matters: (i) defining criteria for the accreditation and de-accreditation of methodologies for generating Verified Emission Reduction or Removal Certificates (CRVEs); (ii) setting parameters to be considered in the preparation of the National Allocation Plan; (iii) providing technical input for the annual plan for the allocation of resources generated by the SBCE; and (iv) addressing other matters submitted to the Committee.
Subsequently, Federal Decree No. 12.768/2025 regulated the CTCP and established that its composition includes:
- Representatives of the Federal Government, including one representative from each of the following bodies: the Ministry of Finance (which will chair the Committee), the Office of the Attorney General (AGU), the Chief of Staff’s Office, the Ministry of Agriculture and Livestock, the Ministry of Mines and Energy, the Ministry of Ports and Airports, the Ministry of Indigenous Peoples, the Ministry of Foreign Affairs, the Ministry of Transport, and the Brazilian Securities and Exchange Commission (CVM);
- Five representatives from the States and the Federal District, appointed by the Interfederative Articulation Chamber of the Interministerial Committee on Climate Change (CIM), ensuring regional representation;
- One representative from the academic community, with recognized expertise in SBCE related matters, appointed by the CIM’s Scientific Advisory Chamber;
- One representative from civil society, with nationwide reach and recognized expertise in SBCE related matters, appointed by the CIM’s Social Participation Chamber;
- One representative from entities representing operators in each of the following sectors: energy, industry, urban mobility, waste, and transport;
- One representative from entities representing the agriculture, livestock, forestry, and land use sectors; and
- One representative from entities representing financial institutions active in environmental markets.
In this regulatory context, in December 2025, the Extraordinary Secretariat for the Carbon Market (SEMC) launched a selection process to identify the private sector entities that would take part in the CTCP.
The results of the selection process were announced on 6 March 2026. On the same date, the selected entities were notified to (i) submit the names of their designated representatives by 13 March 2026, and (ii) attend a meeting scheduled for 18 March 2026, which will focus on final adjustments to the composition of the CTCP’s full members.
Read the official document published by the SEMC.
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Giovani Bruno Tomasoni, Partner, and Daniela Geib, Associate, Trench Rossi Watanabe, have also contributed as co-authors to this Legal Update.
*Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.