The project assesses the feasibility and proposes a cap-and-trade system for trading credits for the reduction of liquid industrial pollutants in Guanabara Bay. This market-based mechanism is proposed to control effluent discharges and improve the bay’s ecological condition.
During 2012, several assessments were conducted, including: an evaluation of Cap-and-Trade projects in other countries; an analysis of legislation related to industrial liquid pollutants in Guanabara Bay; an assessment of the main polluters of Guanabara Bay; and an evaluation of the preconditions for a Cap-and-Trade system for the Bay. The socioeconomic and institutional context was also identified, and the environmental condition of Guanabara Bay was mapped.
Preliminary results point to a number of obstacles to implementing the system in the short term, including: pollution stems primarily from a lack of basic sanitation rather than from the industries that would participate in the market; legislation that is based on emission concentration rather than volume; and the state’s limited enforcement capacity.
The project was developed in partnership with BVRio, with an eye toward potential future implementation and the possibility of applying the system in another location. This project is one of five innovative pilot mechanisms co-financed by the RedLAC Capacity-Building Project for Environmental Funds.
Foto: Publius Vergilius
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Status
Completed
Starting year
2012
Biome
Atlantic Forest
Ouvidoria
O FUNBIO adota tolerância zero em relação à fraude. Todas as suspeitas devem ser comunicadas pelos canais de denúncia do Funbio, que podem ser acionados de forma identificada ou anônima, e as violações estão sujeitas às sanções previstas na Política Antifraude e Anticorrupção.
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Quando utilizar: O FUNBIO, declara-se responsável pelo tratamento e proteção dos dados pessoais e sensíveis, para os fins indicados em sua Política de Privacidade. O FUNBIO disponibiliza este canal como meio de contato sobre qualquer assunto relacionado a esta Política de Privacidade.
