BRAZIL: STOCK OF CBIOS SURPASSES GOAL FOR 2021

RenovaBio has already reached the mark of 21 million decarbonization credits (CBIOs) valid on the CBIOs Platform. Adding the stock of CBIOs made in 2020 to this score of 2021, there are 25 million CBIOs available in the market, which is enough to meet their goals in 2021. Distributors of fossil fuels (gasoline, and diesel oil) have already obtained more than 13 million CBIOs (up 50% from the total target), of which about 3.4 million had expired by September 6, 2021. Some distributors have already shown that they have met the targets for this year, despite the period will end by December 31, 2021. “The outcome shows our commitment to boosting RenovaBio. During one of the most difficult harvests in recent years, we have reached in advance the volume of Decarbonization target set by the government. This reinforces the sector’s commitment to reducing gases that aggravate climate change”, said Antonio de Padua Rodrigues, UNICA’s technical director,

Source: Jornal Cana (*Translated by Ia Niani)