GUIA DE MELHORES PRÁTICAS PARA EMITIR TÍTULOS VERDES

The document outlines the Climate Bonds Standard and Certification Scheme, a voluntary labeling system for debt instruments aimed at limiting global temperature rise to 1.5ºC. It focuses on the Brazilian forestry market, detailing a three-step process for certification: pre-issuance (framework development and verification), issuance (investor engagement and listing), and post-issuance (annual reporting). Eligibility for forestry bonds is based on specific screening indicators—including forest planting, restoration, and sustainable management—and requires compliance with mitigation and resilience criteria, such as FSC or PEFC certifications and Free, Prior and Informed Consent (FPIC) protocols.

• The Climate Bonds Certification Scheme is a voluntary labeling system for debt instruments and entities designed to align with the Paris Agreement's goal of limiting global warming to 1.5 degrees Celsius. As of January 2023, the scheme has been applied to hundreds of instruments totaling 260 billion dollars in equivalents.
• Brazil's forestry sector presents significant opportunities for green bonds because more than 60% of its territory is covered by forests. The market has seen growth since the first green bond issued by Suzano in 2016, with pulp and paper companies leading the subsector.
• To achieve certification, issuers must follow a three-stage process: Pre-issuance (identifying eligible resources, creating a Green Bond Framework, and engaging a verifier), Issuance (obtaining the verification report, engaging investors, and listing on platforms like Nasdaq or IADB), and Post-Issuance (submitting a verification report within 12-24 months and annual update reports).
• Eligibility for forestry projects is determined by screening indicators such as forest planting, restoration, conservation, and sustainable forest management. Mitigation requirements include no natural landscape conversion since 2010 and certifications such as FSC, PEFC, or the Brazilian Cerflor program. Resilience requirements include vulnerability and risk assessments and fire management plans.
• Certification requires adherence to Free, Prior and Informed Consent (FPIC) for mitigation components, referencing standards such as ILO 169, the UN Declaration on the Rights of Indigenous Peoples, and the FAO FPIC Manual.

APA

Climate Bonds Initiative (n.d.). GUIA DE MELHORES PRÁTICAS PARA EMITIR TÍTULOS VERDES. https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Forestry%20Brochure_27b_March%202023.pdf

Chicago

Climate Bonds Initiative. GUIA DE MELHORES PRÁTICAS PARA EMITIR TÍTULOS VERDES. n.d. https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Forestry%20Brochure_27b_March%202023.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=GUIA DE MELHORES PRÁTICAS PARA EMITIR TÍTULOS VERDES |url=https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Forestry%20Brochure_27b_March%202023.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiativendguia, author = {{Climate Bonds Initiative}}, title = {{GUIA DE MELHORES PRÁTICAS PARA EMITIR TÍTULOS VERDES}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Forestry%20Brochure_27b_March%202023.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }