Factsheet: National Fund on Climate Change

National Fund on Climate Change

Key Information
Full name of Instrument & Measure (English): 
National Fund on Climate Change
Description: 
National Policy on Climate Change creates regulation for Law No. 12187 Article 6 on the NPCC, National Fund on Climate Change, and Action Plans on Deforestation Prevention and Control; Article 11 on the Sector Plans (CDM and the Nationally Appropriate Mitigation Actions); Article 12 which sets the national voluntary emission reduction commitment. National Fund on Climate Change (Law No. 12144/2009, Decree No. 7343) 9 December 2009, 26 October 2010 directs funds for the mitigation of GHGs through research, the diffusion of technology, and the promotion of REDD+ projects. Resources are Brazilian Development Bank (BNDES).
Goal/Aim: 
Support R&D and investments on emission reduction. Reduce greenhouse gas emissions.

Sector/Topic targeted:

Responsible Authority: 
Ministry of Mines and Energy

Status:

Trade Relevance: 
Policies ensuring sustainable production of biomass
Year Instrument & Measure Started: 
2010