Comparison study of Chinese and Brazilian Agriculture Criteria

The report analyzes the green agriculture policies and finance markets of China and Brazil, emphasizing the strategic importance of their bilateral trade in soybeans and beef. It identifies a need for harmonized green taxonomies to reduce transaction costs and prevent greenwashing, providing specific recommendations for Brazil's upcoming sustainable taxonomy and a framework for bilateral cooperation.

• China and Brazil share a strategic agricultural partnership, with Brazil exporting USD50.8bn of agricultural products to China in 2022, primarily soybeans and beef, which are identified as the highest-emitting value chains with the most significant risk of deforestation.
• Agricultural greenhouse gas emission profiles differ significantly between the two nations: Brazil's emissions are dominated by enteric fermentation (70%), while China's are more distributed across rice cultivation (22.6%) and synthetic fertilisers (21.6%).
• China's green agriculture policies focus on technical modernization, such as reducing chemical inputs and improving energy efficiency, whereas Brazil prioritizes land use change, livestock breeding, and curbing illegal deforestation through the Forest Code.
• Brazil is developing a sustainable taxonomy slated for unveiling in November 2024 and becoming compulsory by January 2026, with a particular emphasis on the agricultural sector.
• The report recommends that Brazil adopt a hybrid taxonomy approach combining a 'whitelist' of activities with 'technical screening' based on scientific evidence and a set baseline year for emissions monitoring.
• To enhance bilateral trade and investment, the report suggests establishing a harmonized China-Brazil green agriculture taxonomy and a special fund for green agriculture, including the issuance of special panda bonds.

APA

Li, S., Alves, S., Bai, Y., & Chen, K. Z. (2023). Comparison study of Chinese and Brazilian Agriculture Criteria. Climate Bonds Initiative. https://www.climatebonds.net/files/documents/publications/cbi_brachi_harm_02e_1.pdf

Chicago

Li, Shaoxin, Sheila Alves, Yunwen Bai, and Kevin Zhigang Chen. Comparison study of Chinese and Brazilian Agriculture Criteria. Climate Bonds Initiative, 2023. https://www.climatebonds.net/files/documents/publications/cbi_brachi_harm_02e_1.pdf.

Wikipedia

{{cite report |last1=Li |first1=Shaoxin |last2=Alves |first2=Sheila |last3=Bai |first3=Yunwen |last4=Chen |first4=Kevin Zhigang |title=Comparison study of Chinese and Brazilian Agriculture Criteria |publisher=Climate Bonds Initiative |date=December 2023 |url=https://www.climatebonds.net/files/documents/publications/cbi_brachi_harm_02e_1.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{li2023comparison, author = {Li, Shaoxin and Alves, Sheila and Bai, Yunwen and Chen, Kevin Zhigang}, title = {{Comparison study of Chinese and Brazilian Agriculture Criteria}}, institution = {Climate Bonds Initiative}, year = {2023}, month = dec, url = {https://www.climatebonds.net/files/documents/publications/cbi_brachi_harm_02e_1.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }