Markets and trade
 

Detail

Area
Brazil
Commodity Group
Grains
Commodity
Maize
Date
27/12/2017
Policy Category
Production
Policy Instrument
Production support
Description
Passed a national biofuel policy (No. 13.576/2017) called RenovaBio to foster commitments made under the Paris Climate Agreement. The policy is designed to expand biofuel production and enhance the predictability of energy markets by establishing mandates related to biofuel certification and tradable decarbonisation credits.