On November 28, 2019, were published the Decrees No. 10,145/2019
and No. 10,143/2019 ("Decrees"), regulating the
Interministerial Committee on Climate Change – CIM and
establishing new priorities for the application of resources of the
National Fund on Climate Change – FNMC, respectively.
The main purpose of the Decrees is to enable the economic
instruments foreseen in the Climate Change policies and effectively
implement such policies.
The CIM will be in charge for:
- drafting, implementing, financing,
monitoring, evaluating and updating policies and actions related to
climate change, including the Nationally Determined Contributions
– NDC;
- enabling the implementation of
economic and financing mechanisms of Climate Change policies,
aiming the appropriate application of resources and effectiveness
of the policies.
