GUIA DE MELHORES PRÁTICAS PARA EMITIR TÍTULOS VERDES

This guide by the Climate Bonds Initiative provides a framework for issuing certified green bonds within the livestock sector, with a specific focus on the Brazilian market. It outlines the Climate Bonds Standard, the certification process, and the technical criteria for identifying eligible livestock projects and assets to ensure alignment with the goal of limiting global temperature rise to 1.5ºC.

• The Climate Bonds Standard is a voluntary labeling scheme for debt instruments and entities designed to align investments with the Paris Agreement's goal of limiting global warming to 1.5 degrees Celsius. As of January 2023, the certification scheme has been applied to hundreds of debt instruments totaling 260 billion dollars in equivalents.
• Livestock production is identified as a major source of greenhouse gas (GHG) emissions due to methane from enteric fermentation in ruminants, which accounts for nearly 65% of agricultural sector emissions. Brazil is highlighted as a key area for transformation, as it was the third largest producer of beef in 2020, possessing the world's largest cattle herd, and is the third and fourth largest producer of pork and chicken, respectively.
• The certification process for livestock bonds consists of three main stages: Pre-issuance (identifying eligible resources, creating a green bond framework, and engaging a verifier), Issuance (obtaining the verification report, engaging investors and media, and listing on platforms like Nasdaq or IADB), and Post-Issuance (submitting a verification report within 12-24 months and annual update reports).
• Eligible livestock projects are categorized into three routes: whole production units, interventions within the production unit (for mitigation or adaptation), and off-farm support activities. Examples of eligible activities include agroforestry, precision agriculture, research into methane-reducing ruminant feed, and the development of climate-resilient seeds using conventional or CRISPR breeding technologies.
• To prove eligibility, issuers must meet specific screening indicators, including 'M1: No land conversion' (verified via satellite imagery or government data) and 'M3: Animal management'. Animal management can be proven through an independently audited GHG inventory showing gradual reductions (M3.1) or by implementing low-carbon practices related to manure, animal, soil, biomass, and energy management (M3.2).
• The livestock sector's sustainable debt market is smaller than energy or forestry, but progress has been made since 2019. Notable examples include a transition bond issued by Marfrig, organic egg production by Fazenda da Toca, and Green CRAs from JBS.

APA

Climate Bonds Initiative (n.d.). GUIA DE MELHORES PRÁTICAS PARA EMITIR TÍTULOS VERDES. https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Livestock%20Brochure_27c_March%202023_PT.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%20Livestock%20Brochure_27c_March%202023_PT.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%20Livestock%20Brochure_27c_March%202023_PT.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%20Livestock%20Brochure_27c_March%202023_PT.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }