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This report by the Climate Policy Initiative analyzes the landscape of climate finance for land use in Brazil from 2021 to 2023. It identifies rural credit as the primary source of funding but highlights significant gaps in sustainability verification and monitoring. The document outlines the roles of agriculture risk management, government spending, capital markets, and international cooperation, providing recommendations to improve transparency, align socio-environmental criteria, and leverage private investment to meet climate targets.

This report analyzes the role of rural credit as the primary climate finance instrument for land use in Brazil between 2015 and 2020, detailing the sources of funding, the regulatory framework of the Brazilian Agricultural Plan, and the specific credit lines used to promote low-carbon agriculture.