Petrobras Amazon | Million in carbon credits in Million 450 million is the economy

The partnership between Petrobras and the National Bank for Economic and Social Development (BNDES) intends to create at least R $ 450 million carbon credit market with a specific goal of forest restoration on Amazon.

The protocol was signed on Monday (31) at the Petrobras headquarters in Rio de Janiro, the company’s presidents, Magda Chabard, and BNDS, and Aloezio Mercadante. The initiative got a profession+name.

R R $ 450 million is in line with the purchase of a total carbon credits. BNDES has the role of lending to projects that dedicate themselves to the restoration of the Amazonian regions.

This loan is funded from the weather fund, where the interest rate is 1%per year. For comparison, the country’s basic interest rate and parameter of loan activities are 14.25%per year.

BNDES works in the promotion of a public bank and development programs connected to the Ministry of Development, Industry, Trade and Services, often funding projects with more affordable interest.

25 million trees were planted

The initial R $ 450 million is intended for at least 3 thousand hectares restoration projects. Petrobras tries to support five projects, hiring a total of 15,000 hectares and 5 million carbon credits. It represents 25 million trees planted. In the company’s estimate, these projects represent 1,700 jobs.

For the president of the company, the launch of the program is “Living Proof” for the concern of the petrobras environment.

“It is a commitment to the people who believe that we can provide what they want, which is a clean world for our children and granddaughter,” he said.

For the Magda Chambard, this is a very brave initiative. “We are talking about the real green revolution. It’s a structural project for the weather,” he said.

At the exhibition of Profit+, Petrobras estimates that in 25 years, the project could reach 50 thousand hectares (500 km²), a larger area of ​​Curitiba (435 km²), with an investment of R $ 1.5 billion, with an investment of about 15 million tons of carbon ($ 8.94 million).

Profit works with+ 25 -year period. Until April 28, companies and shareholders can send works. The bidding notice of carbon credits was scheduled on July 2025. Interested companies have to speak through this email.

The environmental agenda

Aloezio Merkadante cites environmental damage due to climate change in the country and world, Rio Grande Do Sul, almost a year ago, and the biggest drought in the northern region in 121 years, and the international scenario in Brazil.

For the President of the BNDES, Brazil is “headed to the Brazilian environmental agenda” and the United Nations will be held in November on November, “In Belem,” a more prestigious commitment agenda to deal with global warming and weather crisis.

“Planting tree is a decisive answer to deal with the weather disaster,” he said.

BNDES supports other activities to retain the jungle, but on Monday, the program is unique in recovery and raising local vegetation.

Green Revolution

Petrolira and Bank referred to this initiative as a “revolution” in the carbon market, to induce the interest of demand (interest of purchase) environmental projects, which are working in prices and creating a replica of other projects.

According to the Social -Establishment Director of BNDES, so far, there is no guarantee of financing or carbon credit buyers on the restoration of regions.

“What we are doing today is to reverse this discussion and create a company demand for the market. Focusing on the demand of carbon credit and thereby creating a whole atmosphere that creats and starting this process,” said Tereza Campello.

The carbon market

Carbon dioxide (CO2) is also known as carbon dioxide, which is the main cause of greenhouse effect and contributes to the heating of the planet.

The carbon market includes buying and selling credits to replace pollution responsibilities. For example, the environmental project that preserves forestry areas or nature helps prevent the CO2 from reaching the environment – so the so -called carbon sequel.

This carbon kidnapping is credit, which may be negotiated. At another end of the market, companies that manage financial activities that contribute to the issuance of CO2 can buy credits, thereby compensating the environment.

In December last year, Law 15,042 was granted in Brazil, which controls the carbon market.

Disruption

According to the Energy Transition and Sustainability Director of Petrobras, Marrisio Toll Maskwim’s opinion, the project is of its advantages in confirming the long -term horizon for those who are interested in restoring the forest.

“It takes five years to get ready for the wild to form credits. When the investor is doing this, he does not know the price of five years from now on. If he participates in the auction, he can already know the value and assemble his cash flow.”

Civil community organizations such as the Nature Investment Lab (NIL) and the Climate and Society Institute (ICS) have helped to explain the project.

Mercadante said there would be a separate company to verify carbon credit product. “Certifier in our design government and private partnership,” he said. Magda Chambard said he hoped to “make money” with the Petrobras initiative to confirm the demand for carbon credit generation.

“Carbon credit is like an action, I can buy and sell,” he said. “There is no need to book this title in 25 years. She is now enters, buying and selling to an interested party, because this market, organizing will be more interested and more interested,” said Mercadante.

Tirmasquail

The President of the Petrobras commented on the situation of the director Maricio toll Maskwim, which is a reference to energy -related matters, especially the fuel transformation. Tolmaskquim has been nominated for participating in the board of directors, an private company called Eletrobras, which works in power generation.

When asked if there was an interest dispute, Magda replied “Let’s see.” However, she said investments in the sustainable area would continue. “This is part of our strategic plan.”

According to the Magda Chambard, the energy transformation budget over the next five years is 2 16.2 billion, which represents 15% of the company’s Capex (money -reserved money). She insisted that Petrobras hopes to reach So -Called Net Zero (negative balance of carbon emissions) in oil production.