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Natascha Trennepohl

Special Correspondent in Berlin – Germany

It is true that, in spite of the progress made in terms of political and legal commitment achieved through this law, some issues still remain unresolved. One of them is the setting of goals by sector so as to clearly define the reduction each of them will be accountable for (Industry, Transport, Civil Construction, etc.). That requires a complex national emissions inventory, as well as emission forecasts for 2020, since our reduction target is based on a scenario known as “business as usual” – i.e.: the emissions of the country are calculated as if no measures had been taken and, based on that, the desired reduction is calculated.

President Lula mentioned, during his is the main villain when it comes to greCOP 15 speech, that actions for agriculture enhouse emissions in the country, since and steel manufacturing, along with imour energy matrix is one of the cleanest provements to the energy matrix (one of in the world. the cleanest power matrices in the world) Another challenge to the National Poand a reduction in the deforestation of the licy on Climate Change implementation is Amazon would be some of the measures the regulation of the carbon market in the adopted to meet the reduction objectives. country in order to attract investments The new Act 12,187/09 itself states and the commercialization of carbon crethat the actions required to meet the redits. Lack of regulation may arouse legal duction objectives must be detailed in a uncertainty and scare away national and decree and that the Brazilian Emission Inforeign investments in this area, since the ventory must be finished before the end business sector seeks clear and well deof 2010. fined rules in order to invest and bet on Although the National Inventory new projects. In conformance with this has not yet been publicized, it is already requirement, ABNT created a Special Vopossible to find emission monitoring iniluntary Carbon Market Study Committee tiatives. IMAZON (Amazonian Institute to define rules for this new market within of Man and Environment), for instance, the national scenario. published a report in March on the defoAn excellent opportunity for new burestation of the Amazon and, for the first sinesses is clearly springing up now and time, carbon emissions resulting from the those who first take advantage of it, cardeforestation of the “Legal Amazon” rerying out emission inventories and adopgion were gauged. Another example was ting measures to reduce them, will profit the publication of the GHG results of sea great deal. veral national companies who joined the It is already possible to notice the ‘Companies for Climate’ initiative and the country’s attitude change toward GHG Brazilian GHG Protocol Program. through the articles of the Climate Change Despite the fact that the inventory is Law, although there is still a lot of work a fundamental step toward defining secahead of us. However, as the Minister of tor goals, another issue which has not the Environment recently wrote: “Brazil is been well defined is how the financing beginning to get into the climate protecof mitigating actions will be carried out. tion mood”. A first step was taken with the creation of the National Fund on Climate Change (Act 12,114/09). Another important fund Natascha Trennepohl* whose resources can be used for mitigaLawyer and Environmental Consultant ting actions, especially with regard to de- Master’s Degree in Environmental Law (UFSC) forestation, is the Amazon Fund (Decree Undergoing her PhD at Humboldt 6,527/08). Donations made to the AmaUniversität (HU) in Berlin. zon Fund will be used in preventive, moE-mail: natdt@hotmail.com nitoring, and combat actions against the deforestation of Brazilian forests. Bear in * Member of the ABNT Committee on the mind that the destruction of the Amazon Regulation of the Voluntary Carbon Market in Brazil. Neo Mondo - November/December 2011

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Revista Neo Mondo - Edição 45  
Revista Neo Mondo - Edição 45  
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