Environmental Report Brazil & Latin America (11/08/26 - 11/14/26)

Published on: November 13, 2026

Chile Recognizes Three International Carbon Certification Standards


Brazil

The Brazilian Development Bank approved approximately US$ 64.6 million for two projects by Dual, an agribusiness that processes cottonseed and soybeans and produces biodiesel, in the State of Mato Grosso: approximately US$ 49.3 million for a cottonseed protein concentrate facility and US$ 15.4 million to expand biodiesel output. Annual capacity is planned to increase from 187.5 million to 375 million litres, with an estimated potential to avoid 359.5 K tonnes of CO₂ equivalent per year. Financing has been approved, but the new capacity is not yet operational. (BNDES – 11/9/26)

Norway announced a new donation equivalent to approximately US$ 63.5 million to the Amazon Fund, managed by the Brazilian Development Bank. The contribution is expected to be transferred by the end of 2026 and increase cumulative donations to approximately US$ 1.02 billion. The pledge was announced at COP31 and has not yet been disbursed. (BNDES – 11/9/26)

Embrapa announced the Low-Carbon Wheat programme, planned to establish 120 reference units and train 200 technicians by 2030. With Be8, Bunge, Cotrijal and UPL, the initiative aims to develop an auditable certification protocol, an emissions calculator and lower-emission fertilisation strategies. (Embrapa – 11/10/26)

Researchers at the University of Campinas developed a process to recover struvite and carnallite from landfill leachate as sources of nitrogen, phosphorus, potassium and magnesium for crops. In a lettuce trial, a higher dose of struvite produced 105% more dry biomass than the conventional fertiliser treatment tested. The technique remains experimental and requires a pilot project and economic validation before commercial deployment. (FAPESP – 11/10/26)

Embrapa launched the free IDH Leite app to assess water management and manure handling on dairy farms. The 35 indicators cover water quantity, water quality and manure management, generating environmental performance scores and recommendations. The app is available in Portuguese, English and Spanish and supports offline use. (Embrapa – 11/10/26)

The government of the State of Rio Grande do Sul announced plans for a fund to support the energy transition in coal-dependent regions. Part of the proceeds from the privatisation of Companhia Riograndense de Mineração would finance local economic diversification. The amount and implementation rules have not yet been established. (Rio Grande do Sul Government – 11/10/26)

The Ministry of Mines and Energy of Brazil met with representatives of Brazil, Chile and German cooperation partners to discuss agrivoltaic systems combining food production with solar power on the same land. The meeting examined pilot projects, finance and technical standards to limit competition for land use. No new investment was announced. (Ministry of Mines and Energy – 11/9/26)

Ibama scheduled hearings for November 17th–19th on environmental licensing for a 211.5 km stretch of highway BR-242 in the State of Mato Grosso, between Canarana and Paranatinga. The consultation will examine environmental and social impacts and mitigation measures. The announcement is not an environmental permit for construction. (Ibama – 11/9/26)

The Federal Police reported results from Operation Fronteira Dourada II, conducted on November 4th–8th against illegal mining in Japurá, in the State of Amazonas. Authorities disabled seven dredges and five cargo barges, estimating an economic impact of approximately US$ 6.6 million, including seized or destroyed assets and projected fines. (Federal Police – 11/9/26)

The Brazilian National Land Transport Agency approved Motiva RioSP to develop a regulatory pilot for electric mobility and multimodal logistics on the Via Dutra and Rio-Santos highways. It also preliminarily qualified EcoRioMinas, Nova 381 and Nova 364 for the concession sustainability programme. Selection does not mean the proposed solutions have been deployed or funded. (ANTT – 11/10/26)

Government of Brazil detailed approximately US$ 12.7 million already being deployed for federal conservation areas affected by the Mariana tailings-dam disaster, plus approximately US$ 90.7 million in additional funding still envisaged. The larger figure has not been fully committed or disbursed. This concerns an earlier remediation agreement, not a newly signed deal. (Government Communications Secretariat/ICMBio – 11/9/26)

Ibama and the Brazilian Biodiversity Fund opened a tender to refurbish and expand the wildlife screening and rehabilitation centre in Rio Branco, in the State of Acre. The project aims to improve care for seized, rescued and voluntarily surrendered animals. Bids are due by December 2nd; no project-specific investment amount was disclosed. (Ibama – 11/9/26)

The National Center for Monitoring and Early Warning of Natural Disasters in Brazil reported an artificial intelligence platform that forecasts rises in river levels one to four hours ahead. FloodcastingXAI analyses rainfall and river data updated every ten minutes and may support Civil Defence actions in flood-prone areas. It does not replace official warning procedures. (Ministry of Science, Technology and Innovation; Cemaden – 11/9/26)

The environmental authority of the State of Piauí reported the seizure of 508 m³ of illegally transported timber from January through October 2026 in 13 operations with the Federal Highway Police. Fines exceeded approximately US$ 27.7 K. (Piauí State Environment Secretariat – 11/10/26)

The city of Belo Horizonte began approximately US$ 6.5 million in stormwater drainage and flood-mitigation works in the Pampulha area, State of Minas Gerais. The intervention covers about two kilometres of Francisco Negrão de Lima Avenue, with completion expected in the second half of 2028. Construction has begun, rather than merely being proposed. (Belo Horizonte City Government – 11/9/26)

The National Confederation of Insurers of Brazil presented a COP31 study estimating approximately US$ 9.4 billion in economic losses from extreme weather events in Brazil in the 1H26, up 67.4% year over year. The figure exceeds the approximately US$ 8.5 billion recorded for all of 2025. The organisation highlighted the agricultural sector’s exposure to drought and limited insurance coverage, which increase risks to farm income and debt repayment. (CNseg – 11/9/26)

São Martinho revised the investment forecast for the 2026/27 crop year to approximately US$ 528 million, including approximately US$ 145 million for industrial modernisation and expansion. The company maintained the schedule for the second phase of the Boa Vista corn ethanol plant, expected to start operating in 2H27. Rainfall during milling also led to lower estimates for sugarcane processing and recoverable sugar output. Total capex includes maintenance and is not exclusively allocated to biofuel production. (São Martinho – 11/9/26)

Portonave, a container terminal operator in Navegantes, State of Santa Catarina, reported a 63.2% reduction in Scope 1 and 2 greenhouse gas emissions over ten years and obtained the Diamond tier of the 2026 Pró-Clima label. The terminal modernisation programme comprises approximately US$ 363 million in multi-year investment, including approximately US$ 90.7 million for electric equipment and US$ 272 million for wharf upgrades designed to accommodate shore power. The total does not represent new funding committed this week. (Portonave; Brazilian Port Decarbonisation Alliance – 11/10/26)

The Interministerial Committee on Climate Change established limits for international transfers of mitigation outcomes generated in Brazil: up to 50 million tonnes of CO₂ equivalent for 2026–2030 and 100 million tonnes for 2031–2035. Initial priorities include native vegetation restoration and methane emission reductions from organic waste. The decision establishes rules for future transactions, rather than credits already traded. (Ministry of Environment – 11/6/26)

Embrapa compared sustainability criteria for sustainable aviation fuel production in Brazil. The research examined 21 criteria under the international CORSIA system and four under the assessed scope of RenovaBio, proposing four regulatory alignment scenarios. Key issues include land-use change, biodiversity, carbon capture and pesticide management. The proposals are not yet binding requirements. (Embrapa – 11/6/26)

MAPA presented the Agro Brasil + Sustentável platform to European market representatives. The platform consolidates official information on environmental compliance and traceability of agricultural exports to help meet the European Union Deforestation Regulation. The presentation took place in Paris on October 30th. (Ministry of Agriculture – 11/10/26)

Government of Brazil approved a national roadmap to halt and reverse deforestation and forest degradation by 2030. Four priorities cover forest conservation and sustainable use, restoration, combating illegal deforestation and fires, and reducing legal vegetation clearing through economic instruments. The roadmap aims to accelerate existing policies rather than announce new funding. (Ministry of Environment – 11/6/26)

The National Strategy to Combat Corruption and Money Laundering in Brazil released a guide on green land grabbing, involving fraudulent appropriation of public land for carbon credits, payments for ecosystem services and legal-reserve compensation. The report highlights falsified property documents and registrations that do not establish legal ownership. In one investigated case, potential economic gains exceeded approximately US$ 6.9 million. The guide identifies risks and preventive measures without suggesting all conservation projects are unlawful. (Ministry of Justice – 11/10/26)

The government of the State of São Paulo updated procedures for controlled burning on farms. Requests involving agronomic practices and soil conservation are handled by the agricultural extension authority, phytosanitary requests by the agricultural health authority and sugarcane straw burning by the environmental agency Cetesb. Technical documentation and fire-prevention measures are required. The procedures reflect regulations issued in October. (São Paulo State Agricultural Health Authority – 11/9/26)

The Brazilian Development Bank qualified 24 proposals in the initial selection stage of the Restaura Rio Doce programme, which earmarks approximately US$ 112.1 million for ecological and productive restoration across 12.5 K hectares in the Doce River basin. Planned activities include native vegetation recovery, agroforestry, soil and water conservation and support for local nurseries. Further selection stages remain, and the funding does not represent fully contracted projects. (BNDES – 11/5/26)

The Ministry of Agrarian Development reported that the rural income-support programme for farmers affected by the Mariana tailings-dam disaster reached 15,070 beneficiaries in the Doce River basin. Approximately US$ 7.1 million was paid in November, bringing cumulative transfers over 17 months to approximately US$ 113 million. Payments to rural households are separate from funding for restoration of conservation areas. (Ministry of Agrarian Development; Government Communications Secretariat – 11/10/26)

The World Bank announced a US$ 488 million forest restoration operation in the Amazon-Cerrado transition zone, particularly the Tocantins-Araguaia basin. Financing comprises US$ 100 million from the World Bank, US$ 47 million from the Climate Investment Funds, US$ 100 million in counterpart funding and a planned US$ 241 million in private capital. Implemented by the Brazilian Development Bank, the project aims to improve conservation and management across 68 K hectares and reduce net emissions by 15.9 million tonnes of CO₂ equivalent. Private capital has yet to be mobilised. (World Bank – 11/10/26)

The Brazilian Development Bank reported approximately US$ 2.9 billion mobilised for native forests and the bioeconomy since 2023. Supported projects enabled restoration across 229 K hectares, with potential to capture 73 million tonnes of CO₂ equivalent. Climate Fund approvals for forest projects reached approximately US$ 270 million in 2026, including up to US$ 36 million for Symbiosis to establish 4.4 K hectares of native-species productive forests in the State of Bahia. The total includes public and private funding mobilised over several years. (BNDES – 11/11/26)

The National Treasury of Brazil confirmed the full allocation of US$ 5.5 billion raised through three sovereign sustainable bond issuances since 2023. Net proceeds, equivalent to approximately US$ 5.1 billion, were allocated to environmental expenditure (approximately US$ 3.1 billion) and social expenditure (approximately US$ 2 billion). Eligible categories include renewable energy, biodiversity, water management, climate adaptation and agriculture. The report details the allocation of existing proceeds rather than a new bond issuance. (National Treasury – 11/10/26)

Brazil announced approximately US$ 306 million in emergency budget support for El Niño impacts, including wildfire response, food assistance and health measures. Authorities warned of fires in the North, extreme rainfall in the South and drought in the Northeast. They reported 613 extinguished fires in the State of Amazonas and the State of Pará and 92 violation notices totalling approximately US$ 19.4 million. In the State of Amazonas, Ibama reported 405 extinguished fires and 48 embargo orders covering 2,981 hectares. Enforcement results are cumulative. (Office of the Chief of Staff; Ibama – 11/11/26)

The National Water and Sanitation Agency of Brazil declared critical water scarcity in the Tacutu and Maú rivers, State of Roraima, until April 30, 2027, under Resolution No. 311/2026. The measure allows contingency planning and possible temporary water-use restrictions. The Branco River basin recorded a 390 mm rainfall deficit over 12 months. In the Northeast, 12 of 41 monitored systems were at red alert, with average storage at 37.6% of capacity; the State of Pernambuco and the State of Rio Grande do Norte account for eight. The agency warned of possible worsening conditions with El Niño in 2027. (ANA; Official Gazette of Brazil, Resolution No. 311/2026 – 11/10/26)

The Ministry of Science, Technology and Innovation of Brazil reported a 27% reduction in net greenhouse gas emissions between 2022 and 2024, from 2.07 billion to 1.51 billion tonnes of CO₂ equivalent. Lower deforestation was the main contributing factor. Agriculture accounted for 38.4% of emissions in 2024, followed by energy at 28.3%. Agricultural emissions increased 1.1% compared with 2022. The inventory covers emissions through 2024 rather than providing estimates for 2026. (Ministry of Science, Technology and Innovation – 11/11/26)

The Interministerial Committee on Climate Change approved general guidelines for implementing the Brazilian Greenhouse Gas Emissions Trading System, established under Law No. 15,042/2024. The mechanism will introduce a cap-and-trade system, with regulated operators preparing for emissions reporting from 2027. The guidelines address transparency, economic competitiveness, carbon credit integrity and environmental safeguards. Approval does not mean the regulated carbon market is already operational. (Ministry of Finance – 11/6/26)

Germany formalised a donation of approximately US$ 16.7 million to Vítuke, a mechanism supporting environmental management of Indigenous territories in Brazil. Signed at COP31, the agreement supports territorial protection, restoration and sustainable use of natural resources. The programme could cover over 100 million hectares and benefit up to 300 K people over 15 years; these are potential outcomes, not results already achieved. (Ministry of Indigenous Peoples; Government Communications Secretariat – 11/11/26)

The National Energy Policy Council of Brazil approved 18 guidelines for developing a national roadmap to gradually reduce dependence on fossil fuels. The proposal addresses energy security, financing, economic impacts and public participation. An interministerial working group will have 270 days from the appointment of members to prepare the roadmap, with a possible 90-day extension. The resolution establishes planning guidelines rather than a binding phase-out schedule for fossil fuels. (Office of the Chief of Staff – 11/6/26)

Ibama announced the final selection results for the ReVerdeAr programme, supporting conversion of environmental fines into native vegetation restoration projects. The four highest-ranked projects, one for each covered biome, are scheduled to enter the environmental project repository on November 18. Eligible projects may be selected by parties seeking to convert fines into environmental services. Selection does not represent automatically contracted funding. (Ibama – 11/6/26)

The ministries of Environment and Mines and Energy of Brazil resumed strategic environmental assessments of sedimentary basins before offering areas for oil and gas exploration. The initiative includes a new assessment of the Pelotas Basin and procedures covering the Solimões and Sergipe-Alagoas/Jacuípe basins. The assessments aim to identify environmentally suitable or unsuitable areas, with public consultation. Individual projects will remain subject to environmental licensing even in areas deemed suitable. (Ministry of Environment; Ministry of Mines and Energy – 11/6/26)

CJ Selecta reported tracing 99.6% of purchased soybeans, including all indirect supplies, which represent 28.69% of purchases and originate in the State of Minas Gerais and the State of Goiás. The programme aims to verify environmental compliance and sourcing free from deforestation and native vegetation conversion, meeting requirements in markets such as Norway and Chile. Traceability does not mean all soybeans have been certified as deforestation-free. (CJ Selecta – 11/11/26)

The Office of the Comptroller General of Brazil and the Federal Court of Accounts issued guidance on assessing how governments consider climate risks in planning and public spending. The document may support audits of how drought, flooding and other extreme events affect agriculture, infrastructure, energy and other public policies. Presented at COP31, the guidance does not establish new requirements for companies. (CGU; TCU – 11/11/26)

The National Agency of Petroleum, Natural Gas and Biofuels of Brazil approved the first certifications of three biomethane producers to verify the renewable origin of the fuel. Resolution No. 996/2026 provides for traceability certificates, but issuance depends on the launch of the digital platform. The certifications do not represent certificates already issued or traded. (ANP – 11/6/26)

At COP31, a coalition of foundations pledged US$ 88 million to the Tropical Forest Forever Facility, which plans to reward countries for forest conservation. According to the Ministry of Environment of Brazil, the fund has attracted US$ 7.8 billion in announced commitments and aims to reach US$ 10 billion by the end of 2026, with 20% of payments allocated to Indigenous peoples and traditional communities. The Forest and Climate Leaders’ Partnership also presented a plan to expand forest financing and address an estimated US$ 66.8 billion annual funding gap in tropical countries. The announced amounts do not represent fully disbursed funds or approved investments. (Ministry of Environment – 11/12/26; Ministry of Mines and Energy – 11/11/26)



Latin America

Development bank CAF reported at COP31 that the sustainable agribusiness strategy for Latin America and the Caribbean had reached approximately US$ 2 billion in operations and initiatives, targeting US$ 8.5 billion in cumulative financing by 2030 for sustainable productivity, irrigation, rural infrastructure and climate adaptation. In partnership with the Amazon Cooperation Treaty Organization, CAF also reported progress on a mechanism aiming to mobilise US$ 250 million over ten years for Amazon conservation and restoration, involving eight Amazonian countries. Both financing targets represent planned funding rather than fully committed new resources. (CAF – 11/9/26; CAF/ACTO – 11/11/26)

The National Institute of Agricultural Technology of Argentina reported a 50.5% reduction in daily sunshine hours during October in Córdoba, Argentina, to 4.1 hours from a historical average of 8.3 hours. Lower radiation may affect wheat grain formation and filling, although the institute has not quantified yield losses. (INTA – 11/9/26)

The National Institute of Agricultural Technology in Argentina, through the unit in Corrientes, reported research integrating digital soil maps, satellite imagery and laboratory analysis to support conservation and agricultural land-use planning. The work helps assess vegetation change, soil degradation and risks from floods and fires. Economic benefits or avoided losses have not yet been quantified. (INTA – 11/10/26)

In Argentina, Bunge and agricultural genetics company GDM announced the Enerseed joint venture to develop non-traditional oilseed crops for low-carbon biofuel feedstocks. The partnership combines plant breeding, gene editing and industrial processing capabilities. The companies cited opportunities for crop diversification, soil conservation and lower water requirements. Initial seed projects are planned for selected markets, with no specific investment amount disclosed. (Bunge; GDM – 11/10/26)

In Argentina, the National Institute of Agricultural Technology published findings on mechanical shrub rolling and manual clearing in livestock areas of the Arid Chaco. The study assessed pasture, tree and shrub cover and woody vegetation recovery five to ten years after intervention. The findings aim to increase forage availability without compromising shade, soil conservation and biodiversity. (INTA – 11/11/26)

Chile began applying updated geospatial data standards for environmental impact assessment applications. The Environmental Assessment Service standardised map attributes, added project typology and coordinate fields and introduced data for palaeontological surveys. The operational update is not a new project approval or a new statutory permit. (SEA – announced 11/5/26; effective 11/9/26)

In Chile, the Environmental Assessment Service reported 22 projects under review in Los Lagos representing approximately US$ 3.18 billion in proposed investment. The portfolio includes the Alto Los Muermos (US$ 1 billion), Trumao (US$ 700 million) and Mirador del Sur (US$ 650 million) wind farms. The agency also reported approximately US$ 1.33 billion in environmentally approved projects through November 1st, nearly twice the 2025 amount. Projects still under review do not represent completed investments. (Environmental Assessment Service – 11/5/26)

In Chile, the Agricultural Development Institute completed rehabilitation of the Molino Viejo irrigation canal in Atacama after extreme weather damage in July. Works included removing 277 m³ of sediment and installing 198 metres of pipes to restore irrigation for family farmers. Emergency funding supported the completed intervention, while regional authorities plan further agricultural climate adaptation measures. (Agricultural Development Institute – 11/10/26)

The Ministry of Environment of Chile formally recognised three international carbon certification programmes: Verra VCS, Gold Standard and ART TREES, under Resolution No. 6017/2026. The measure aims to facilitate participation in international markets under Article 6 of the Paris Agreement. Authorities also advanced cooperation with Switzerland and Japan, including biomass, electric mobility and energy-storage programmes. Recognition does not automatically authorise the issuance or international transfer of carbon credits. (Ministry of Environment – 11/6/26)

Grupo Energía Bogotá reported that subsidiary Enlaza energised two 500 kV circuits along the 248 km Cuestecitas–La Loma section, involving 511 towers, in Colombia. The line is part of the Colectora transmission project intended to connect La Guajira wind farms. Full renewable integration still depends on completing another section of the system. (Grupo Energía Bogotá – 11/9/26)

The Energy and Gas Regulatory Commission of Colombia published a consultation on temporary incentives for new small-scale renewable self-generation and collective community-energy projects. The proposal aims to strengthen electricity supply during El Niño and address projected firm-capacity shortages through 2030. It has not yet become binding regulation in Colombia. (CREG – 11/9/26)

The Ministry of Environment of Colombia opened consultation on sustainable management of native stingless bees, proposing free apiary registration and colony identification. Authorities report 166 native stingless-bee species and 175 active meliponaries across 23 departments. Comments are due by November 20th, and the proposal is not yet binding in Colombia. (Ministry of Environment – 11/9/26)

The Ministry of Environment of Colombia reaffirmed agreements reached in 2021 and 2022 with Vetas municipality on delimiting the Santurbán páramo, a key water-supply ecosystem. The commitments include gradual changes to agricultural activities and allocation of at least 200 hectares for restoration or conservation by local mining operators. The boundary is to be included in a draft resolution that has not yet been issued. (Ministry of Environment – 11/9/26)

Colombia reported that 97 projects had attracted investor meeting requests, representing US$ 41.9 billion in potential investment and financing needs ahead of Milagro Week. The government investment opportunity database includes a US$ 550 million Bioenergy expansion into corn ethanol and advanced biofuels, and a US$ 500 million sustainable aviation fuel facility promoted by BioD. These are capital-seeking project proposals, not approved or completed investments. (Colombian Vice Presidency; Ministry of Commerce, Single Investment Window – 11/10/26)

The Ministry of Environment of Peru reported that 63 environmental applications approved since July 28th relate to more than US$ 5.9 billion in planned investment. These include a modification to the Mina Justa environmental impact study formally approved on November 6th. The figure is cumulative, not investment already spent or a set of approvals entirely granted this week in Peru. (Ministry of Environment/Senace – 11/9/26)

The Ministry of Agrarian Development and Irrigation of Peru inspected the final installation stage of two debris-flow barriers in the Huayaringa and La Ronda ravines near Santa Eulalia and Chosica. They are part of a 12-barrier project covering ten high-risk ravines, intended to protect more than 120 K people from mud and debris flows associated with heavy rainfall and El Niño. The two barriers were not yet reported as completed. (Midagri; Peru’s National Water Authority – 11/9/26)

In Uruguay, the National Agricultural Research Institute reported below-average October rainfall in much of the country, although soil water availability remained between 50% and 100%. For November 2026 through January 2027, the agroclimatic bulletin indicates a 50%–70% probability of above-normal rainfall. The probabilistic forecast does not imply excessive rainfall in every locality. (INIA, October agroclimatic bulletin – released 11/10/26)



READ MORE:

Rural Credit Should Reward Farmers for Environmental Performance