AreaBrazil

Commodity GroupGrains

CommodityMaize

Date27/12/2017

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionPassed 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.