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Central Bank of Brazil defines accounting records for carbon credits and other sustainability assets

The Central Bank of Brazil (BCB) has just issued Normative Instruction No. 325, which defines the accounting record, in the chart of accounts of the Accounting Standard (Cosif), of assets related to the negotiation of socio-environmental and climate sustainability, such as certificates of Carbon Credit and Decarbonization Credit (CBIO).

How these assets are measured will depend on how they will be managed by the institution, whether for future sale and profit generation based on changes in market prices or whether an institution acquires the asset for use in its activities.

Aligned with international accounting standards issued by the International Accounting Standards Board (IASB) and measurement achieved by Technical Pronouncement CPC 25 - Provisions, Contingent Liabilities and Contingent Assets.

The purpose of the measure is to provide greater transparency to the use of these assets by financial institutions, as well as to resolve the blocking of intersections and standardize their accounting records, so that the BCB can monitor the sustainability assets awaited by these institutions in their investment portfolios, follow the evolution of the market and, when necessary, adopt measures in a timely manner.

The Normative Instruction comes into force on January 1, 2023 and requires the reclassification of international amounts to sustainability assets recorded in other accounting items.

Click on the image below for the statement from the Central Bank of Brazil, including a link to Normative Instruction No. 325.


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“Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.”

“I am among those who think that science has great beauty”

Madame Marie Curie (1867 - 1934) Chemist & physicist. French, born Polish.

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