Photo: screengrab from the official website of Brasil 247

By Brasil 247 - Brazil aims to assert itself as a leading power in the global carbon credit market, according to statements by Aloizio Mercadante, president of the National Bank for Economic and Social Development (BNDES). Speaking at the launch of Ecora, a new carbon certification body created jointly by BNDES, Bradesco, and the Ecogreen Fund, Mercadante said the country must "build its own metric and strategy" to gain international credibility. The event took place in Belém, Pará, on Tuesday (November 11), on the sidelines of the United Nations Climate Change Conference (COP30), the jornal Estado de S. Paulo reported.

Mercadante described the new entity as a cornerstone of Brazil's sustainable development agenda, aimed at creating a "robust certification system adapted to the national reality and internationally recognized." The initiative positions Brazil as a potential protagonist in the world's carbon credit trade, combining environmental protection with scientific and technological innovation.

Bradesco CEO Marcelo Noronha highlighted Brazil's comparative advantage in the sector. "Brazil is a natural exporter of carbon credits," he said, adding that the creation of Ecora represents "a commitment to science and sustainable development." Noronha noted that the project had been under discussion for over a year and that the certifier could soon welcome "one or two additional partners" to expand its reach and capacity.

Tropical forests at the heart of the strategy

 Nelson Barbosa, BNDES's Director of Planning and Institutional Relations, underscored that fostering a carbon market centered on tropical forests aligns with the government's environmental policy. "This fits within the guidelines of the Brazilian government," he said. Barbosa also revealed that BNDES is preparing new forest concession projects — noting that the most recent one alone increased the total concession area by 35 percent — and that such initiatives "generate jobs, technology, and help address the next challenge, which is biodiversity."

The creation of Ecora consolidates Brazil's effort to enhance its environmental and scientific credibility, reaffirming its ambition to lead in the global green economy through innovation, conservation, and sustainable growth.

(Reported by Brasil 247 on November 12, 2025)