Brazilian Greenhouse Gas Emissions Trading System (SBCE)
Law No. 15,042/2024 created Brazil's regulated emissions trading system, the SBCE, with phased implementation that starts with regulation-making by the government. As of mid-2026 the government was consulting on sector coverage and setting up governance bodies; compliance obligations have not yet started.
Legal reference Law No. 15,042 of 11 December 2024 (DOU 12 Dec 2024); Decree No. 12,677/2025
Checked against International Carbon Action Partnership (ICAP) · 4 Oct 2026