MP nº 1150/2022 texto aprovado no Senado impacta alinhamento do crédito rural com combate ao desmatamento

The document argues that the Senate's version of MP nº 1150/2022 undermines efforts to link rural credit to environmental compliance. By potentially guaranteeing financing to producers who sign a commitment term under the Environmental Regularization Program (PRA) regardless of further law violations, and by requiring banks to rely solely on official government data, the measure threatens the autonomy of financial institutions and the use of precise monitoring tools like MapBiomas. This contradicts recent trends and regulations from the Central Bank of Brazil and BNDES aimed at blocking credit for illegal deforestation.

• The Senate's approved text of MP nº 1150/2022 threatens the financial system's sustainability alignment by limiting the capacity of financial institutions to deny loans based on violations of the Forest Code and the Environmental Crimes Law.
• The proposed wording of MP nº 1150/2022 could allow producers to guarantee financing simply by signing a commitment term under the Environmental Regularization Program (PRA), even if they continue to violate the Forest Code or the Environmental Crimes Law.
• The measure requires financial institutions to base credit decisions on official government data, which may hinder the use of accurate, scientifically tested tools like MapBiomas and place an unfeasible operational burden on banks due to the instability and delays of the National Rural Environmental Registry (SICAR).
• BNDES has already implemented a block on rural credit for properties with identified illegal deforestation; between February 9, 2023, and May 10, 2023, 67 operations totaling R$ 29 million were blocked out of 9,316 requests worth R$ 3.7 billion.
• The Brazilian financial system has been moving toward sustainability through the Central Bank's BC# Sustainability Agenda (2020), the NGFS membership (2022), and CMN resolutions that incentivize producers who comply with the Forest Code.

APA

Climate Policy Initiative (2023). MP nº 1150/2022 texto aprovado no Senado impacta alinhamento do crédito rural com combate ao desmatamento. https://www.climatepolicyinitiative.org/pt-br/publication/mp-no-1150-2022-texto-aprovado-no-senado-impacta-alinhamento-do-credito-rural-com-combate-ao-desmatamento/

Chicago

Climate Policy Initiative. MP nº 1150/2022 texto aprovado no Senado impacta alinhamento do crédito rural com combate ao desmatamento. 2023. https://www.climatepolicyinitiative.org/pt-br/publication/mp-no-1150-2022-texto-aprovado-no-senado-impacta-alinhamento-do-credito-rural-com-combate-ao-desmatamento/.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=MP nº 1150/2022 texto aprovado no Senado impacta alinhamento do crédito rural com combate ao desmatamento |date=24 May 2023 |url=https://www.climatepolicyinitiative.org/pt-br/publication/mp-no-1150-2022-texto-aprovado-no-senado-impacta-alinhamento-do-credito-rural-com-combate-ao-desmatamento/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative202311502022, author = {{Climate Policy Initiative}}, title = {{MP nº 1150/2022 texto aprovado no Senado impacta alinhamento do crédito rural com combate ao desmatamento}}, institution = {Climate Policy Initiative}, year = {2023}, month = may, url = {https://www.climatepolicyinitiative.org/pt-br/publication/mp-no-1150-2022-texto-aprovado-no-senado-impacta-alinhamento-do-credito-rural-com-combate-ao-desmatamento/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }