Market Overview

Carbon Market in Brazil

Explore average pricing, vintages, and technologies for carbon credits originating from Brazil.

Average I-RECs Price

$0.41
Weighted average of I-RECs

Total Listings

44
Active projects analyzed

Technologies

3
Unique methodologies

Brazil Carbon Credits & I-REC Marketplace: Verified Renewable Energy Certificates & Climate Assets

Access verified Brazil I-REC and REC Brasil certificates, Renewable Energy Certificate assets and Brazil Carbon Credits through Hestiya's transparent, blockchain-powered marketplace, built for Brazil ESG Reporting, Scope 2 Renewable Energy Certificates, and Net-Zero strategies.

→ Buy Brazil I-REC Certificates → List a Brazil Project

88%

Renewable share of Brazil's electricity mix (2024)

43%

Brazil's NDC target for GHG reduction by 2030

2050

Brazil's net-zero emissions target

I-REC(E) / REC Brasil

Standard issued by Instituto Totum

MARKET OVERVIEW

Brazil Renewable Energy, I-REC (ESG) & Carbon Credit Market Overview

Brazil's renewable energy landscape is anchored by hydropower and increasingly diversified by fast-growing wind and solar capacity. Renewable sources supplied around 88% of the country's electricity generation in 2024, according to Brazil's national energy balance, with wind and solar together contributing 24% of total demand — more than double their combined share five years earlier. This build-out is positioning Brazil Green Energy as both a regional decarbonization story and one of the world's largest sources of verifiable, tradeable renewable energy certificates.

As global supply chains tighten disclosure requirements, there is increasing demand for Brazil ESG data, Renewable Energy Certificate and I-REC instruments, Green Energy Certificate and Energy Attribute Certificate documentation, carbon credits, Net-Zero commitments, and Decarbonization strategies — instruments that prove renewable electricity consumption and emissions reduction. Corporations with operations, suppliers, or sourcing relationships connected to Brazil are increasingly looking for credible ways to support Brazil ESG goals, Scope 2 Renewable Energy Certificates, and broader net-zero commitments.

Hestiya provides access to verified climate assets through a transparent, blockchain-powered marketplace, spanning I-REC certificates, renewable energy certificates, green energy certificates, energy attribute certificate documentation, and carbon credits. Buyers and developers alike can discover, evaluate, and transact Brazil-based climate assets in one place, backed by verifiable ownership records and retirement documentation suited to formal Brazil ESG disclosures.

Brazil Renewable Energy & Carbon Market: Growth, Policy & Climate Opportunity

Hydropower remains the foundation of Brazil's electricity system, supplying roughly half of the generation, while wind and solar have scaled rapidly to become the second and third largest sources. Brazil GEC, issued under the I-REC(E) Standard by Instituto Totum, gives corporate buyers a direct, auditable link to verified clean power, while the complementary REC Brasil label adds a UN Sustainable Development Goals alignment layer on top of the same generation assets. Corporate renewable electricity procurement is also expanding through bundled power purchase agreements and unbundled certificate purchases, as buyers seek documented, auditable renewable supply.

This growth is opening real procurement pathways for corporate buyers seeking verified, auditable renewable electricity claims. As Brazil GEC issuance scales alongside hydropower, wind, and solar capacity, Brazil Renewable Energy projects are increasingly able to support corporate demand through verified certificates rather than physical power purchase alone, and Brazil Renewable Energy Certificate volumes are expected to keep growing in step with the country's wind and solar build-out.

  • Hydropower-led generation, supplying roughly half of electricity, with wind and solar scaling fast
  • Wind and solar combined supplied 24% of Brazil's electricity in 2024, more than double their share five years earlier
  • Brazil GEC issuance via Instituto Totum under the I-REC(E) Standard, plus the SDG-aligned REC Brasil label
  • Growing corporate renewable procurement through bundled PPAs and unbundled I-REC purchases

Brazil Climate Policy & Sustainability Landscape

Brazil has committed to a net-zero emissions target by 2050, announced at COP26 alongside a Nationally Determined Contribution (NDC) targeting a 43% reduction in greenhouse gas emissions by 2030 and a zero illegal deforestation goal. The Sistema Brasileiro de Comércio de Emissões (SBCE), established under Brazil's Carbon Market Law, is laying the foundation for a regulated emissions trading system while the country continues to strengthen its position within the global voluntary carbon market. Together, these commitments are reinforcing Brazil Decarbonization efforts and creating a credible foundation for corporate Brazil ESG Reporting tied to the country's renewable energy transition.

  • Brazil Net-Zero target set for 2050, announced at COP26
  • 43% GHG emissions reduction target by 2030 under Brazil's NDC, alongside a zero illegal deforestation goal
  • SBCE (Brazil's Emissions Trading System) established under the Carbon Market Law, currently being regulated and phased in
  • Rising Brazil Decarbonization and Brazil ESG Reporting requirements aligned with the GHG Protocol, CDP, and international disclosure frameworks

BRAZIL CLIMATE ASSETS AVAILABLE ON HESTIYA

Hestiya's Brazil Carbon Credits Marketplace and I-REC Marketplace Brazil enable organisations to purchase verified I-REC and REC Brasil certificates, access REDD+ and nature-based carbon credits, and support renewable energy procurement, all while meeting Brazil ESG and sustainability targets. The platform also functions as a Green Energy Certificate Marketplace Brazil for buyers who need documented proof of renewable electricity consumption tied directly to Brazil-based generation assets.

REDD+ Forest Protection Credits

Verified REDD+ projects across the Amazon and Cerrado protect threatened ecosystems while generating high-quality carbon credits verified under Verra VCS and other internationally recognised standards.

Wind & Solar I-RECs / REC Brasil Certificates

Brazil's expanding wind and solar fleet generates substantial volumes of I-REC and REC Brasil certificates, giving corporations a verified Renewable Energy Certificate pathway to meet RE100 commitments and Scope 2 Renewable Energy Certificates targets.

Biochar Carbon Removal Projects

Brazil's agricultural sector generates substantial biomass feedstocks from sugarcane, soy, and forestry operations, supporting large-scale biochar projects that deliver durable carbon removal with long-term climate benefits.

Afforestation & Reforestation Credits

Forest restoration initiatives across the Atlantic Forest and degraded landscapes generate measurable carbon removals while supporting biodiversity conservation and ecosystem recovery.

Avoided Deforestation Credits

Projects preventing illegal logging and land-use conversion deliver verified emissions reductions while protecting some of the world's most valuable ecosystems.

Methane Capture Projects

Landfill gas recovery, agricultural methane reduction, and livestock management projects reduce potent greenhouse gas emissions while generating certified carbon credits.

WHY CHOOSE BRAZIL CLIMATE ASSETS?

  • Supports renewable energy procurement tied to verified hydropower, wind, and solar generation
  • Helps meet Brazil ESG needs, including SBCE-aligned and international disclosure requirements
  • Supports Scope 2 Renewable Energy Certificates and emissions reduction through energy attribute certificates
  • Enables Brazil's Net-Zero strategies aligned with the 2050 target and the 43% 2030 NDC
  • Provides verified I-REC / REC Brasil-backed climate assets plus REDD+ and nature-based carbon credits
  • Improves sustainability reporting transparency with retirement-ready documentation

BRAZIL ESG REPORTING & SUSTAINABILITY COMPLIANCE SUPPORT

Companies sourcing Brazil climate assets through Hestiya can support a full range of Brazil ESG and sustainability needs, from documenting renewable electricity use to substantiating carbon reduction claims in annual sustainability disclosures. These reporting requirements are increasingly tied to verifiable, third-party-trackable certificates rather than self-reported estimates, and Hestiya's marketplace is built to meet that bar, including SBCE's evolving regulatory standards.

  • Brazil ESG disclosures aligned with international frameworks
  • Sustainability disclosures covering renewable electricity sourcing
  • Carbon accounting for Scope 1, 2, and select Scope 3 categories
  • Renewable energy claims backed by verified certificate ownership records
  • Brazil climate commitments, including Net-Zero and Decarbonization targets

STANDARDS & COMPLIANCE

Supported Sustainability Frameworks

  • RE100 Aligned
  • GHG Protocol Scope 2 Ready
  • CDP Reporting Support
  • ISSB Compatible Disclosure
  • ESG Reporting Support
  • Sustainability Disclosure Ready
  • Net-Zero Strategy Support
  • Renewable Energy Claim Support
  • Energy Attribute Certificate (EAC) Framework
  • I-REC Standard Compatible
  • Verra VCS Verified
  • REC Brasil / I-REC(E) Registry Compatible

FREQUENTLY ASKED QUESTIONS

1. What are I-REC (REC Brasil) certificates in Brazil?

REC Brasil is Brazil's I-REC-Standard energy attribute certificate, issued by Instituto Totum, proving that renewable electricity has been generated and consumed. Each certificate represents one megawatt-hour of renewable electricity, typically from hydropower, wind, or solar projects, and is tracked through the international I-REC registry to prevent double counting.

2. How can companies buy these certificates in Brazil?

Companies can buy these certificates through verified marketplaces like Hestiya, giving organisations access to renewable energy certificates directly tied to Brazil-based generation assets, complete with verified ownership and retirement documentation.

3. What is the Brazil carbon credits marketplace?

It is a platform — such as Hestiya's — where verified carbon credits from Brazil-based REDD+, nature-based, and decarbonization projects can be purchased and traded to support corporate climate goals.

4. How do these certificates support Brazil ESG goals?

They help companies report renewable electricity usage and document Scope 2 emissions reduction, giving sustainability teams a verifiable data point for Brazil ESG reporting in line with SBCE and international disclosure frameworks.

5. Are Brazil renewable energy certificates useful for net-zero goals?

Yes. They support renewable energy procurement and corporate climate strategies, helping companies substantiate progress toward Brazil's 2050 net-zero commitment and 43% 2030 NDC target.

6. What renewable energy sources are available in Brazil?

The mix is led by hydropower, which supplies roughly half of the country's electricity, alongside fast-growing wind and solar capacity that together supplied 24% of generation in 2024.

7. How do carbon credits help companies operating in Brazil?

They support carbon reduction strategies, document climate commitments, and strengthen sustainability reporting, alongside renewable certificate purchases, as SBCE and Brazil's NDC targets take effect.

→ Explore Carbon Credits Marketplace → Start Renewable Energy Transition

I-RECs Pricing Trend

DOWNWARD

Market price has decreased compared to June.

Market Outlook

NEGATIVE

The market outlook for Brazil is negative due to falling prices.

Liquidity

HIGH

HIGH trading activity observed with 44 active records.