[{"id":122532,"date":"2026-07-15T15:09:04","date_gmt":"2026-07-15T15:09:04","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=122532"},"modified":"2026-07-15T15:09:06","modified_gmt":"2026-07-15T15:09:06","slug":"os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/","title":{"rendered":"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Introdu\u00e7\u00e3o<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A agropecu\u00e1ria \u00e9 central para a economia brasileira. No Plano Safra 2025\/2026, foram anunciados R$ 516,2 bilh\u00f5es em cr\u00e9dito para a agricultura empresarial e R$ 89 bilh\u00f5es para a agricultura familiar.<a href=\"#_ftn1\" id=\"_ftnref1\"><sup>[1]<\/sup><\/a> Esses n\u00fameros revelam a escala da pol\u00edtica p\u00fablica, mas n\u00e3o seu custo para a sociedade. O custo normalmente divulgado considera apenas os subs\u00eddios expl\u00edcitos do Tesouro Nacional para reduzir as taxas de juros. Este estudo mostra, entretanto, que essa \u00e9 apenas a fra\u00e7\u00e3o mais vis\u00edvel do apoio p\u00fablico ao cr\u00e9dito rural.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O apoio ocorre por diferentes canais. Al\u00e9m da equaliza\u00e7\u00e3o de juros, h\u00e1 benef\u00edcios fiscais, fontes p\u00fablicas de financiamento, renegocia\u00e7\u00f5es de d\u00edvidas e obriga\u00e7\u00f5es regulat\u00f3rias que reduzem o custo do cr\u00e9dito para o setor. Esses mecanismos aparecem dispersos em bases or\u00e7ament\u00e1rias, tribut\u00e1rias, financeiras e regulat\u00f3rias e raramente s\u00e3o analisados em conjunto. Por isso, o custo do cr\u00e9dito rural \u00e9 maior e menos transparente do que sugere o debate p\u00fablico, restrito aos subs\u00eddios de juros.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Pesquisadores do Climate Policy Initiative\/Pontif\u00edcia Universidade Cat\u00f3lica do Rio de Janeiro (CPI\/PUC-Rio) consolidaram essas bases de dados para mensurar quatro mecanismos de apoio p\u00fablico ao cr\u00e9dito rural: equaliza\u00e7\u00e3o de juros, benef\u00edcios fiscais, fontes p\u00fablicas de financiamento e renegocia\u00e7\u00f5es de d\u00edvidas. Entre 2023 e 2025, esses mecanismos mobilizaram, em m\u00e9dia, R$ 59,7 bilh\u00f5es por ano \u2014 quase cinco vezes o custo normalmente divulgado de R$ 12,5 bilh\u00f5es, que se restringe aos subs\u00eddios expl\u00edcitos do Tesouro.<\/strong><a href=\"#_ftn2\" id=\"_ftnref2\"><sup>[2]<\/sup><\/a> Como outros custos fiscais, financeiros e macroecon\u00f4micos permanecem fora do escopo de an\u00e1lise ou n\u00e3o s\u00e3o rastre\u00e1veis nas bases de dados dispon\u00edveis, essa estimativa deve ser interpretada como um piso do apoio p\u00fablico mensur\u00e1vel, n\u00e3o como o custo total da pol\u00edtica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Os quatro mecanismos mensurados, com base em dados do Banco Central do Brasil (BCB), do Tesouro Nacional e da B3, foram:<a href=\"#_ftn3\" id=\"_ftnref3\"><sup>[3]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Subven\u00e7\u00f5es econ\u00f4micas:<\/strong> Pagamentos do Tesouro Nacional para equaliza\u00e7\u00e3o das taxas de juros nas opera\u00e7\u00f5es de cr\u00e9dito rural eleg\u00edveis. Esse \u00e9 o subs\u00eddio expl\u00edcito mais conhecido do Plano Safra. Desembolso estimado: <strong>R$ 12,5 bilh\u00f5es\/ano<\/strong>.<a href=\"#_ftn4\" id=\"_ftnref4\"><sup>[4]<\/sup><\/a><sup><\/sup><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Benef\u00edcios fiscais:<\/strong> Redu\u00e7\u00e3o do Imposto sobre Opera\u00e7\u00f5es Financeiras (IOF) nas opera\u00e7\u00f5es de cr\u00e9dito rural e al\u00edquota zero do Imposto de Renda da Pessoa F\u00edsica (IRPF) para Letras de Cr\u00e9dito do Agroneg\u00f3cio (LCAs). Esses instrumentos reduzem a arrecada\u00e7\u00e3o federal e barateiam o cr\u00e9dito rural em rela\u00e7\u00e3o a outras modalidades de cr\u00e9dito e investimento. Ren\u00fancia fiscal: <strong>R$ 26,2 bilh\u00f5es\/ano<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fontes p\u00fablicas de financiamento:<\/strong> Recursos dos Fundos Constitucionais de Financiamento (FCFs), do Fundo de Amparo ao Trabalhador (FAT) e do Tesouro Nacional destinados ao cr\u00e9dito rural. Esses recursos t\u00eam custo de oportunidade, pois ficam vinculados a finalidades espec\u00edficas e deixam de estar dispon\u00edveis para outras prioridades p\u00fablicas. Montante: <strong>R$ 20,2 bilh\u00f5es\/ano<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Renegocia\u00e7\u00f5es<\/strong> <strong>de d\u00edvidas:<\/strong> Altera\u00e7\u00f5es nas condi\u00e7\u00f5es originais de contratos de cr\u00e9dito rural, incluindo descontos, prorroga\u00e7\u00f5es de prazo e redu\u00e7\u00f5es de encargos. Esses mecanismos aliviam d\u00edvidas espec\u00edficas, mas podem gerar incentivos adversos e custos fiscais pouco transparentes. Custo: <strong>R$ 0,8 bilh\u00e3o\/ano<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Os benef\u00edcios fiscais \u2014 maior componente identificado \u2014 s\u00e3o mais de duas vezes o gasto com equaliza\u00e7\u00e3o de juros. Isso significa que parte relevante do apoio ao cr\u00e9dito rural ocorre por instrumentos menos vis\u00edveis, menos debatidos e menos sujeitos a escrut\u00ednio p\u00fablico do que as despesas or\u00e7ament\u00e1rias expl\u00edcitas. Esses instrumentos reduzem a arrecada\u00e7\u00e3o federal, geram incentivos adversos e distorcem a aloca\u00e7\u00e3o de recursos na economia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apesar dos expressivos recursos envolvidos, o cr\u00e9dito rural \u00e9 pouco focalizado. Entre 2023 e 2025, apenas 31,9% do volume contratado estava associado a programas com objetivos sociais, ambientais ou clim\u00e1ticos. O Programa de Financiamento a Sistemas de Produ\u00e7\u00e3o Agropecu\u00e1ria Sustent\u00e1veis (RenovAgro), principal linha voltada a pr\u00e1ticas sustent\u00e1veis de baixo carbono, respondeu por apenas 1,4% do cr\u00e9dito rural no per\u00edodo. Esse padr\u00e3o compromete a adicionalidade do apoio p\u00fablico e reduz sua capacidade de induzir inclus\u00e3o produtiva, conserva\u00e7\u00e3o ambiental e resili\u00eancia clim\u00e1tica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A pol\u00edtica tamb\u00e9m apresenta assimetrias regulat\u00f3rias dif\u00edceis de justificar. Opera\u00e7\u00f5es com recursos controlados ou direcionados est\u00e3o sujeitas a impedimentos socioambientais mais rigorosos \u2014 por exemplo, projetos que preveem supress\u00e3o de vegeta\u00e7\u00e3o nativa n\u00e3o podem acessar esses recursos. Mas essa e outras salvaguardas n\u00e3o se aplicam da mesma forma \u00e0s opera\u00e7\u00f5es com recursos livres. Como todas as linhas de cr\u00e9dito rural se beneficiam de apoio p\u00fablico \u2014 seja direto ou indireto \u2014, n\u00e3o h\u00e1 base para essa assimetria. As salvaguardas devem acompanhar o benef\u00edcio p\u00fablico recebido, e n\u00e3o apenas a classifica\u00e7\u00e3o da fonte de recursos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A transpar\u00eancia tamb\u00e9m \u00e9 limitada. O Sistema de Opera\u00e7\u00f5es do Cr\u00e9dito Rural e do Proagro (Sicor) do BCB divulga dados suficientes para monitoramento abrangente apenas para 34,8% do volume contratado no per\u00edodo. Para o restante, n\u00e3o \u00e9 poss\u00edvel identificar publicamente quem recebeu o cr\u00e9dito, onde ele foi aplicado e qual propriedade foi beneficiada. Mesmo nas opera\u00e7\u00f5es com mais informa\u00e7\u00f5es, faltam dados relevantes, como per\u00edmetro da propriedade, situa\u00e7\u00e3o ambiental \u2014 incluindo autoriza\u00e7\u00f5es de supress\u00e3o de vegeta\u00e7\u00e3o, embargos e conformidade com o C\u00f3digo Florestal \u2014 e indicadores de alinhamento \u00e0 Taxonomia Sustent\u00e1vel Brasileira (TSB).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Este estudo apresenta diagn\u00f3sticos e propostas para ampliar a transpar\u00eancia, fortalecer o monitoramento, aprimorar a focaliza\u00e7\u00e3o e harmonizar as salvaguardas socioambientais do cr\u00e9dito rural. Uma pol\u00edtica p\u00fablica dessa magnitude deve ser avaliada pelo custo social que imp\u00f5e, pela distribui\u00e7\u00e3o dos benef\u00edcios, pela adicionalidade gerada e pelos resultados produtivos, sociais e ambientais que entrega. Nesse sentido, o aperfei\u00e7oamento dessa pol\u00edtica \u00e9 essencial para reduzir distor\u00e7\u00f5es no financiamento, promover o desenvolvimento sustent\u00e1vel e contribuir para o crescimento econ\u00f4mico de longo prazo.<\/p>\n\n\n\n<div class=\"wp-block-columns publication-content-bg is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading\"><strong>Principais Resultados<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Recursos da sociedade brasileira beneficiam todas as opera\u00e7\u00f5es classificadas como cr\u00e9dito rural<\/strong>, ainda que por canais distintos. O apoio ao cr\u00e9dito se materializa atrav\u00e9s de m\u00faltiplos instrumentos, incluindo subs\u00eddios para taxas de juros, benef\u00edcios fiscais, fontes p\u00fablicas de financiamento e renegocia\u00e7\u00f5es de d\u00edvidas.<\/li>\n\n\n\n<li><strong>Os quatro mecanismos de apoio p\u00fablico mensurados neste estudo mobilizaram, em m\u00e9dia, R$ 59,7 bilh\u00f5es por ano entre 2023 e 2025. Esse valor \u00e9 quase cinco vezes o custo usualmente divulgado \u2014 R$ 12,5 bilh\u00f5es por ano \u2014, que se restringe aos subs\u00eddios expl\u00edcitos do Tesouro Nacional para equaliza\u00e7\u00e3o das taxas de juros.<\/strong><\/li>\n\n\n\n<li>Os benef\u00edcios fiscais constituem o maior mecanismo de apoio p\u00fablico identificado: a ren\u00fancia associada ao IOF e ao IRPF sobre LCAs somou R$ 26,2 bilh\u00f5es por ano, valor mais de duas vezes superior ao gasto m\u00e9dio com equaliza\u00e7\u00e3o. As fontes p\u00fablicas de financiamento somaram R$ 20,2 bilh\u00f5es por ano, e as renegocia\u00e7\u00f5es de contratos geraram custo de R$ 0,8 bilh\u00e3o por ano. Esses resultados mostram que parte relevante do apoio ao cr\u00e9dito rural ocorre por instrumentos menos vis\u00edveis e menos sujeitos a escrut\u00ednio p\u00fablico do que as despesas or\u00e7ament\u00e1rias expl\u00edcitas.<\/li>\n\n\n\n<li><strong>A focaliza\u00e7\u00e3o do cr\u00e9dito rural <\/strong><strong>\u00e9<\/strong><strong> baixa: <\/strong>apenas 31,9% do volume contratado entre 2023 e 2025 esteve associado a programas com objetivos sociais, ambientais ou clim\u00e1ticos identific\u00e1veis. Quando o Programa Nacional de Apoio ao M\u00e9dio Produtor Rural (Pronamp) \u00e9 exclu\u00eddo \u2014 por atender produtores de m\u00e9dio porte com maior acesso relativo ao cr\u00e9dito \u2014, a parcela associada a objetivos sociais ou clim\u00e1ticos cai para 17,6%. Esse padr\u00e3o reduz a adicionalidade do apoio p\u00fablico.<\/li>\n\n\n\n<li><strong>Opera\u00e7\u00f5es com recursos controlados ou direcionados est\u00e3o sujeitas a impedimentos sociais, ambientais e clim\u00e1ticos mais restritivos<\/strong> \u2014 como a veda\u00e7\u00e3o de cr\u00e9dito para projetos com supress\u00e3o de vegeta\u00e7\u00e3o nativa e para propriedades com desmatamento ilegal. <strong>Essas exig\u00eancias, no entanto,<\/strong><strong> <\/strong><strong>n\u00e3o<\/strong><strong> <\/strong><strong>se aplicam ao cr\u00e9dito rural com recursos livres<\/strong><strong>, embora todas se beneficiem de tratamento tribut\u00e1rio favorecido nas opera\u00e7\u00f5es classificadas como cr\u00e9dito rural.<\/strong><\/li>\n\n\n\n<li><strong>Apenas 34,8% do volume contratado entre 2023 e 2025 possui informa\u00e7\u00f5es p\u00fablicas essenciais para o monitoramento, como a identifica\u00e7\u00e3o do mutu\u00e1rio, do munic\u00edpio e da \u00e1rea financiada. <\/strong>Nos 65,2% restantes \u2014 R$ 747 bilh\u00f5es em tr\u00eas anos \u2014, n\u00e3o \u00e9 poss\u00edvel identificar publicamente, de forma completa, quem recebeu o cr\u00e9dito, onde os recursos foram aplicados e qual \u00e1rea foi beneficiada. Essa lacuna limita avalia\u00e7\u00f5es robustas sobre concentra\u00e7\u00e3o, adicionalidade, conformidade socioambiental e retorno p\u00fablico.<\/li>\n\n\n\n<li><strong>A recorr\u00eancia de renegocia\u00e7\u00f5es e programas de perd\u00e3o de d\u00edvidas gera incentivos adversos, ao elevar o risco de inadimpl\u00eancia estrat\u00e9gica e distorcer decis\u00f5es de investimento e de tomada de risco no setor agropecu\u00e1rio<\/strong>.<\/li>\n\n\n\n<li>As estimativas apresentadas s\u00e3o conservadoras. Elas n\u00e3o incluem todos os custos associados ao apoio ao setor agropecu\u00e1rio, como programas de seguro e garantia, outras desonera\u00e7\u00f5es, custos macroecon\u00f4micos, efeitos sobre a aloca\u00e7\u00e3o intersetorial de cr\u00e9dito, impactos sobre a transmiss\u00e3o da pol\u00edtica monet\u00e1ria e custos fiscais associados a eventos extremos que n\u00e3o podem ser identificados de forma padronizada nas bases p\u00fablicas.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mecanismos de Apoio ao Cr\u00e9dito Rural<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A pol\u00edtica de cr\u00e9dito rural \u00e9 um pilar de apoio \u00e0 agropecu\u00e1ria brasileira. Em 2025, financiou 25,5% do valor da produ\u00e7\u00e3o bruta (VPB) agropecu\u00e1ria.<a href=\"#_ftn5\" id=\"_ftnref5\"><sup>[5]<\/sup><\/a> Seus instrumentos foram constru\u00eddos ao longo de d\u00e9cadas e refletem escolhas de pol\u00edtica p\u00fablica, decis\u00f5es regulat\u00f3rias e arranjos fiscais que beneficiam o setor por diferentes canais. Diferentes incentivos ampliam o cr\u00e9dito rural e impulsionam a produ\u00e7\u00e3o agropecu\u00e1ria, mas imp\u00f5em custos fiscais e de aloca\u00e7\u00e3o, que precisam de avalia\u00e7\u00e3o sistem\u00e1tica de efetividade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Tabela 1 sintetiza quatro mecanismos analisados neste relat\u00f3rio: equaliza\u00e7\u00e3o de taxas de juros, benef\u00edcios fiscais, fontes p\u00fablicas de financiamento e renegocia\u00e7\u00e3o de d\u00edvidas. Esta se\u00e7\u00e3o explica como esses mecanismos funcionam e por que devem ser considerados conjuntamente na avalia\u00e7\u00e3o do cr\u00e9dito rural.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tabela 1. <\/strong>Mecanismos de Apoio ao Cr\u00e9dito Rural&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Subven\u00e7\u00e3o econ\u00f4mica<\/strong><\/td><td><strong>Benef\u00edcios fiscais&nbsp;<\/strong><\/td><td><strong>Fontes p\u00fablicas de financiamento<\/strong><\/td><\/tr><tr><td>Pagamentos do Tesouro Nacional \u00e0s institui\u00e7\u00f5es financeiras para equaliza\u00e7\u00e3o de taxas de juros, cobrindo a diferen\u00e7a entre o <strong>custo financeiro do cr\u00e9dito<\/strong> e a <strong>taxa cobrada ao tomador<\/strong> definida na pol\u00edtica. Reduz a taxa final ao tomador nas linhas eleg\u00edveis.<\/td><td><strong>Al\u00edquota zero do principal do IOF<\/strong> para todas as opera\u00e7\u00f5es classificadas como cr\u00e9dito rural.<a href=\"#_ftn6\" id=\"_ftnref6\"><sup>[6]<\/sup><\/a>&nbsp; <strong>Al\u00edquota zero do IRPF para LCAs<\/strong>, que possuem parcela obrigat\u00f3ria direcionada ao cr\u00e9dito rural.<a href=\"#_ftn7\" id=\"_ftnref7\"><sup>[7]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn8\" id=\"_ftnref8\"><sup>[8]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn9\" id=\"_ftnref9\"><sup>[9]<\/sup><\/a>&nbsp;<\/td><td>Recursos arrecadados por impostos e transferidos pela Uni\u00e3o para uso no cr\u00e9dito rural. Incluem os <strong>Fundos Constitucionais de Financiamento<\/strong> do Centro-Oeste (FCO), do Nordeste (FNE) e do Norte (FNO), o FAT e as a\u00e7\u00f5es de <strong>transfer\u00eancia direta do Tesouro<\/strong>.&nbsp;<\/td><\/tr><tr><td colspan=\"3\"><strong>Renegocia\u00e7\u00e3o &nbsp;<\/strong><\/td><\/tr><tr><td colspan=\"3\">Altera\u00e7\u00f5es das condi\u00e7\u00f5es originais de contratos de cr\u00e9dito rural (descontos de juros, prorroga\u00e7\u00e3o dos prazos, redu\u00e7\u00e3o dos valores das parcelas, perd\u00e3o parcial de d\u00edvida ou redu\u00e7\u00e3o de encargos). Geram custos fiscais e financeiros para o governo e incentivos que devem ser monitorados.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Esses mecanismos n\u00e3o devem ser interpretados como instrumentos isolados. Uma mesma opera\u00e7\u00e3o pode se beneficiar simultaneamente de mais de um canal de apoio \u2014 por exemplo, uma opera\u00e7\u00e3o financiada com fonte p\u00fablica tamb\u00e9m se beneficia da al\u00edquota zero de IOF aplic\u00e1vel \u00e0s opera\u00e7\u00f5es enquadradas como cr\u00e9dito rural, al\u00e9m de eventualmente contar com a possibilidade de renegocia\u00e7\u00e3o. Por isso, a avalia\u00e7\u00e3o do cr\u00e9dito rural deve considerar o pacote de benef\u00edcios associado \u00e0s opera\u00e7\u00f5es, e n\u00e3o cada instrumento separadamente.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A <strong>subven\u00e7\u00e3o econ\u00f4mica<\/strong> para equaliza\u00e7\u00e3o de taxas de juros consiste em pagamentos do Tesouro Nacional que viabilizam juros no cr\u00e9dito rural abaixo do mercado. Quando a taxa de juros cobrada do produtor em linhas eleg\u00edveis \u00e0 equaliza\u00e7\u00e3o fica abaixo do custo financeiro da opera\u00e7\u00e3o para a institui\u00e7\u00e3o financeira, o Tesouro cobre a diferen\u00e7a por meio da subven\u00e7\u00e3o econ\u00f4mica. Esse \u00e9 o subs\u00eddio expl\u00edcito mais conhecido do Plano Safra e comumente noticiado como o principal custo da pol\u00edtica. A equaliza\u00e7\u00e3o tem custo fiscal direto. O subs\u00eddio tem maior justificativa econ\u00f4mica quando corrige falhas de mercado \u2014 como restri\u00e7\u00e3o de cr\u00e9dito, assimetria de informa\u00e7\u00e3o, externalidades ambientais positivas ou subinvestimento em tecnologias sustent\u00e1veis. Entre 2023 e 2025, os pagamentos de equaliza\u00e7\u00e3o foram estimados, em m\u00e9dia, em R$ 12,5 bilh\u00f5es\/ano.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Os <strong>benef\u00edcios fiscais<\/strong> s\u00e3o incentivos tribut\u00e1rios que beneficiam todas as opera\u00e7\u00f5es de cr\u00e9dito rural. Nessas opera\u00e7\u00f5es, o principal do IOF tem al\u00edquota zero, reduzindo o custo financeiro para o tomador. Al\u00e9m disso, as LCAs \u2014 t\u00edtulos emitidos por institui\u00e7\u00f5es financeiras para captar recursos destinados ao financiamento do agroneg\u00f3cio \u2014 contam com al\u00edquota zero do IRPF sobre os rendimentos, o que tende a baratear essa fonte de capta\u00e7\u00e3o e estimular sua emiss\u00e3o. Ao reduzir a tributa\u00e7\u00e3o sobre opera\u00e7\u00f5es e instrumentos de capta\u00e7\u00e3o, os benef\u00edcios fiscais diminuem o custo do financiamento rural, incentivam a emiss\u00e3o de LCAs e ampliam a oferta de cr\u00e9dito ao setor. Por serem concedidos de forma ampla, esses benef\u00edcios t\u00eam baixa capacidade de discriminar entre opera\u00e7\u00f5es com alto retorno p\u00fablico e opera\u00e7\u00f5es que apenas se beneficiam de tratamento tribut\u00e1rio favorecido. No per\u00edodo de 2023 a 2025, esses incentivos resultaram em ren\u00fancia fiscal estimada em R$ 26,2 bilh\u00f5es\/ano.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Plano Safra tamb\u00e9m opera com <strong>fontes p\u00fablicas de financiamento<\/strong> \u2014 recursos arrecadados por impostos e canalizados para o cr\u00e9dito atrav\u00e9s dos Fundos Constitucionais de Financiamento (FCO, FNE e FNO), do FAT e do pr\u00f3prio Tesouro. Embora os fundos constitucionais tenham como objetivo apoiar o desenvolvimento regional e ampliar o acesso ao cr\u00e9dito em regi\u00f5es menos favorecidas, seus recursos decorrem de transfer\u00eancias p\u00fablicas permanentes e t\u00eam custo de oportunidade: uma vez vinculados aos fundos, deixam de estar dispon\u00edveis para outras prioridades or\u00e7ament\u00e1rias da Uni\u00e3o. O cr\u00e9dito com fontes p\u00fablicas precisa de monitoramento cont\u00ednuo de sua efetividade e focaliza\u00e7\u00e3o. Evid\u00eancias de estudo do CPI\/PUC-Rio indicam, contudo, que a forma como os fundos constitucionais definem as \u201cprioridades\u201d nem sempre resulta em prioriza\u00e7\u00e3o efetiva. O estudo tamb\u00e9m aponta sinais de concentra\u00e7\u00e3o do cr\u00e9dito e sugere reavaliar se o instrumento \u00e9 o mais adequado para objetivos como redu\u00e7\u00e3o de pobreza e desigualdades.<a href=\"#_ftn10\" id=\"_ftnref10\"><sup>[10]<\/sup><\/a> Entre 2023 e 2025, os montantes mobilizados por fontes p\u00fablicas de financiamento para o cr\u00e9dito rural atingiram R$ 20,2 bilh\u00f5es\/ano.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As <strong>renegocia\u00e7\u00f5es de d\u00edvidas<\/strong> alteram as condi\u00e7\u00f5es originalmente pactuadas em contratos de cr\u00e9dito rural, incluindo prorroga\u00e7\u00f5es de prazo, redu\u00e7\u00e3o de encargos e concess\u00e3o de descontos sobre juros e\/ou principal. Esses programas aliviam a situa\u00e7\u00e3o financeira dos produtores, mas podem gerar incentivos adversos ao elevar a expectativa de renegocia\u00e7\u00f5es futuras, aumentando o risco moral e a probabilidade de inadimpl\u00eancia estrat\u00e9gica. Entre 2023 e 2025, o custo m\u00e9dio das renegocia\u00e7\u00f5es foi estimado em R$ 0,8 bilh\u00e3o\/ano. Embora relativamente menor que os demais mecanismos de apoio, esse custo requer transpar\u00eancia e avalia\u00e7\u00e3o, pois representa uma transfer\u00eancia impl\u00edcita direcionada a um subconjunto de mutu\u00e1rios e pode afetar o cr\u00e9dito em todo o sistema.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Os c\u00e1lculos deste relat\u00f3rio consideram os valores realizados ou estimados em cada ano entre 2023 e 2025, deflacionados para pre\u00e7os de dezembro de 2025 pelo \u00cdndice Nacional de Pre\u00e7os ao Consumidor Amplo (IPCA). Esse crit\u00e9rio foi adotado para assegurar consist\u00eancia metodol\u00f3gica entre os diferentes mecanismos analisados e tornar seus valores compar\u00e1veis em uma mesma base anual e real. No caso da equaliza\u00e7\u00e3o de juros, os valores s\u00e3o registrados no ano do desembolso efetivo pelo Tesouro Nacional, e n\u00e3o no ano-safra ou no ano de contrata\u00e7\u00e3o da opera\u00e7\u00e3o. Essa escolha diferencia as estimativas deste relat\u00f3rio de divulga\u00e7\u00f5es frequentemente baseadas em limites ou volumes contratados em determinada safra.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Outros custos de apoio ao setor agropecu\u00e1rio ficaram fora do escopo deste estudo, incluindo programas de gerenciamento de risco \u2014 como o Programa de Subven\u00e7\u00e3o ao Pr\u00eamio do Seguro Rural (PSR) e o Programa de Garantia da Atividade Agropecu\u00e1ria (Proagro) \u2014, investimentos em pesquisa e desenvolvimento da Empresa Brasileira de Pesquisa Agropecu\u00e1ria (Embrapa), a Lei Kandir (desonera\u00e7\u00e3o do ICMS nas exporta\u00e7\u00f5es de produtos prim\u00e1rios e semielaborados) e outras desonera\u00e7\u00f5es do agroneg\u00f3cio, compras governamentais de alimentos e gastos estaduais e municipais. Tamb\u00e9m n\u00e3o foram quantificados efeitos mais amplos sobre aloca\u00e7\u00e3o de cr\u00e9dito entre setores, investimento, produtividade, Produto Interno Bruto (PIB), transmiss\u00e3o da pol\u00edtica monet\u00e1ria, custo da d\u00edvida p\u00fablica e custos de oportunidade fiscais. Portanto, os valores calculados neste relat\u00f3rio n\u00e3o correspondem ao custo total do apoio p\u00fablico ao setor agropecu\u00e1rio. Eles representam uma estimativa conservadora dos recursos p\u00fablicos que beneficiam a agropecu\u00e1ria brasileira.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Os resultados tamb\u00e9m evidenciam que parte relevante das opera\u00e7\u00f5es n\u00e3o conta com transpar\u00eancia suficiente para monitoramento p\u00fablico e que a focaliza\u00e7\u00e3o em objetivos sociais, ambientais e clim\u00e1ticos permanece limitada. Esse diagn\u00f3stico aponta para a necessidade de fortalecer a governan\u00e7a do cr\u00e9dito rural, ampliar a divulga\u00e7\u00e3o de dados e reorientar o apoio para segmentos e pr\u00e1ticas com maior adicionalidade social e ambiental.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As pr\u00f3ximas se\u00e7\u00f5es detalham cada mecanismo analisado, explicam os dados e a metodologia de c\u00e1lculo e estimam as transfer\u00eancias de recursos \u2014 diretas e indiretas \u2014 do restante da economia para o setor agropecu\u00e1rio.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Subven\u00e7\u00e3o Econ\u00f4mica<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No Plano Safra, o governo federal define programas e condi\u00e7\u00f5es de cr\u00e9dito rural com taxas de juros controladas, em geral inferiores \u00e0s taxas de mercado. Para viabilizar empr\u00e9stimos nas linhas equaliz\u00e1veis, o Tesouro Nacional realiza pagamentos \u00e0s institui\u00e7\u00f5es financeiras para cobrir a diferen\u00e7a entre os custos de capta\u00e7\u00e3o da fonte de recursos, acrescidos dos custos administrativos e tribut\u00e1rios das opera\u00e7\u00f5es, e a taxa final ao tomador.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Esses pagamentos correspondem ao subs\u00eddio expl\u00edcito ao cr\u00e9dito rural frequentemente divulgado. Por aparecer diretamente no Or\u00e7amento Geral da Uni\u00e3o (OGU), a equaliza\u00e7\u00e3o \u00e9 o componente mais vis\u00edvel do apoio p\u00fablico ao cr\u00e9dito rural. Essa visibilidade, no entanto, n\u00e3o significa que seja o maior ou o \u00fanico custo relevante da pol\u00edtica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para controlar o gasto p\u00fablico com a subven\u00e7\u00e3o econ\u00f4mica e orientar sua distribui\u00e7\u00e3o entre linhas do Plano Safra, o Minist\u00e9rio da Fazenda (MF) edita, a cada ano-safra, ato normativo que autoriza o pagamento de equaliza\u00e7\u00e3o de taxas de juros e estabelece os crit\u00e9rios, limites e normas operacionais aplic\u00e1veis. Nesse arranjo, institui\u00e7\u00f5es financeiras habilitadas apresentam propostas de demanda por limites equaliz\u00e1veis, discriminadas por linha de financiamento. Com base nas condi\u00e7\u00f5es definidas pelo Conselho Monet\u00e1rio Nacional (CMN), s\u00e3o fixados os limites que balizam o volume m\u00e1ximo de opera\u00e7\u00f5es pass\u00edveis de equaliza\u00e7\u00e3o. A Secretaria do Tesouro Nacional (STN) pode ainda ajustar a execu\u00e7\u00e3o desses limites \u2014 por meio de remanejamentos, redu\u00e7\u00f5es ou suspens\u00f5es \u2014 em fun\u00e7\u00e3o das regras do programa e da disponibilidade or\u00e7ament\u00e1ria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As estimativas apresentadas neste estudo seguem a perspectiva de desembolso anual. Assim, os valores s\u00e3o atribu\u00eddos ao ano em que o pagamento de equaliza\u00e7\u00e3o foi efetivamente realizado pelo Tesouro Nacional, independentemente do ano-safra ou da data de contrata\u00e7\u00e3o da opera\u00e7\u00e3o de cr\u00e9dito. Essa abordagem difere de divulga\u00e7\u00f5es baseadas em limites ou volumes contratados em determinada safra. Por exemplo, pagamentos realizados em 2025 associados a contratos firmados em 2024 entram na estimativa de 2025; por outro lado, pagamentos relativos a contratos firmados em 2025, mas desembolsados apenas em 2026, n\u00e3o entram na estimativa deste relat\u00f3rio para o per\u00edodo 2023\u20132025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A STN realiza os desembolsos por meio do OGU, utilizando quatro a\u00e7\u00f5es or\u00e7ament\u00e1rias espec\u00edficas vinculadas \u00e0 equaliza\u00e7\u00e3o de juros. A Tabela 2 apresenta os c\u00f3digos e as descri\u00e7\u00f5es dessas a\u00e7\u00f5es or\u00e7ament\u00e1rias, cada uma destinada a financiar um aspecto distinto do cr\u00e9dito rural e registrada no or\u00e7amento p\u00fablico com sua respectiva finalidade. Essas a\u00e7\u00f5es s\u00e3o divulgadas oficialmente no Sistema Integrado de Planejamento e Or\u00e7amento (SIOP).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tabela 2. <\/strong>C\u00f3digos e A\u00e7\u00f5es de Equaliza\u00e7\u00e3o Executadas pela STN<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>C\u00f3digo<\/strong><\/td><td><strong>A\u00e7\u00e3o<\/strong><\/td><\/tr><tr><td><strong>0281<\/strong><\/td><td>Subven\u00e7\u00e3o Econ\u00f4mica em Opera\u00e7\u00f5es no \u00e2mbito do Programa Nacional de Fortalecimento&nbsp;da Agricultura Familiar <strong>(Pronaf)<\/strong>&nbsp;(Lei n\u00ba 8.427\/1992)<\/td><\/tr><tr><td><strong>0294<\/strong><\/td><td>Subven\u00e7\u00e3o Econ\u00f4mica em&nbsp;Opera\u00e7\u00f5es de<strong> Custeio <\/strong>Agropecu\u00e1rio (Lei n\u00ba 8.427\/1992)<\/td><\/tr><tr><td><strong>0298<\/strong><\/td><td>Subven\u00e7\u00e3o Econ\u00f4mica em Opera\u00e7\u00f5es de <strong>Comercializa\u00e7\u00e3o<\/strong> de Produtos Agropecu\u00e1rios (Lei n\u00ba 8.427\/1992)<\/td><\/tr><tr><td><strong>0301<\/strong><\/td><td>Subven\u00e7\u00e3o Econ\u00f4mica em&nbsp;Opera\u00e7\u00f5es de <strong>Investimento<\/strong>&nbsp;Rural e Agroindustrial (Lei n\u00ba 8.427\/1992)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fonte:<\/strong> CPI\/PUC-Rio com base nos dados do SIOP (2026), 2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Figura 1 apresenta os pagamentos anuais de equaliza\u00e7\u00e3o de juros realizados pelo Tesouro Nacional entre 2023 e 2025, decompostos pelas quatro a\u00e7\u00f5es or\u00e7ament\u00e1rias que sustentam o programa. Em 2023, os pagamentos totalizaram R$ 11,9 bilh\u00f5es; em 2024, recuaram para R$ 8,7 bilh\u00f5es; e em 2025, avan\u00e7aram para R$ 13,4 bilh\u00f5es. O salto de 2025 decorre da Selic elevada, que ampliou o custo de equaliza\u00e7\u00e3o. A a\u00e7\u00e3o de maior peso em todos os anos foi a equaliza\u00e7\u00e3o das opera\u00e7\u00f5es do Pronaf (0281), seguida pela equaliza\u00e7\u00e3o de investimentos rurais e agroindustriais (0301). No per\u00edodo, os gastos totalizaram R$ 37,4 bilh\u00f5es a pre\u00e7os de dezembro de 2025, com m\u00e9dia de R$ 12,5 bilh\u00f5es por ano. Esse \u00e9 o montante usualmente divulgado como custo do apoio p\u00fablico ao cr\u00e9dito rural, embora represente apenas uma fra\u00e7\u00e3o dos mecanismos de apoio mensurados neste estudo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 1. <\/strong>Gasto Total do Tesouro em Equaliza\u00e7\u00e3o, 2023\u20132025<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"421\" class=\"wp-image-123116\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-1.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-1.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-1-300x140.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-1-1024x479.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-1-1536x719.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota:<\/strong> Valores ajustados a pre\u00e7os de dezembro de 2025.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte:<\/strong> CPI\/PUC-Rio com base nos dados do SIOP (2026), 2026<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Benef\u00edcios Fiscais<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">O cr\u00e9dito rural tamb\u00e9m se beneficia de incentivos tribut\u00e1rios que reduzem o custo das opera\u00e7\u00f5es e da capta\u00e7\u00e3o de recursos para o setor. Esta se\u00e7\u00e3o analisa dois benef\u00edcios: (i) a al\u00edquota zero do principal do IOF nas opera\u00e7\u00f5es classificadas como cr\u00e9dito rural e (ii) a al\u00edquota zero do IRPF sobre os rendimentos das LCAs, importante fonte de financiamento do agroneg\u00f3cio. Embora n\u00e3o apare\u00e7am como despesa or\u00e7ament\u00e1ria direta, esses benef\u00edcios reduzem a arrecada\u00e7\u00e3o federal e devem ser tratados como custo p\u00fablico.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>IOF sobre Todas as Opera\u00e7\u00f5es de Cr\u00e9dito Rural<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">De acordo com o Decreto n\u00ba 6.306\/2007 (Regulamento do IOF), a al\u00edquota principal (di\u00e1ria) do IOF \u00e9 reduzida a zero para todas as opera\u00e7\u00f5es de cr\u00e9dito rural, sejam essas destinadas a investimento, custeio ou comercializa\u00e7\u00e3o.<a href=\"#_ftn11\" id=\"_ftnref11\"><sup>[11]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn12\" id=\"_ftnref12\"><sup>[12]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn13\" id=\"_ftnref13\"><sup>[13]<\/sup><\/a> Na aus\u00eancia dessa regra tribut\u00e1ria, as opera\u00e7\u00f5es de cr\u00e9dito rural estariam sujeitas \u00e0 incid\u00eancia da al\u00edquota di\u00e1ria do IOF aplic\u00e1vel \u00e0s opera\u00e7\u00f5es de cr\u00e9dito em geral. De janeiro de 2023 a 22 de maio de 2025, essa al\u00edquota foi de 0,0082% ao dia para pessoas f\u00edsicas (PF) e de 0,0041% ao dia para pessoas jur\u00eddicas (PJ). Em 23 de maio de 2025, a al\u00edquota di\u00e1ria das opera\u00e7\u00f5es de cr\u00e9dito para pessoas jur\u00eddicas foi elevada para 0,0082% ao dia.<a href=\"#_ftn14\" id=\"_ftnref14\"><sup>[14]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A al\u00edquota zero implica ren\u00fancia fiscal, pois o governo federal deixa de arrecadar o montante que obteria caso o cr\u00e9dito rural recebesse o mesmo tratamento tribut\u00e1rio aplicado a outras opera\u00e7\u00f5es de cr\u00e9dito. Essa ren\u00fancia precisa ser financiada por maior arrecada\u00e7\u00e3o em outras bases, redu\u00e7\u00e3o de gastos, realoca\u00e7\u00e3o or\u00e7ament\u00e1ria ou aumento do endividamento p\u00fablico. Al\u00e9m disso, por se aplicar amplamente \u00e0s opera\u00e7\u00f5es classificadas como cr\u00e9dito rural, o benef\u00edcio n\u00e3o diferencia produtores com maior restri\u00e7\u00e3o de cr\u00e9dito, opera\u00e7\u00f5es com maior retorno social ou pr\u00e1ticas produtivas sustent\u00e1veis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para mensurar essa ren\u00fancia fiscal, calcula-se o montante que o governo arrecadaria caso o IOF principal incidisse sobre as opera\u00e7\u00f5es de cr\u00e9dito rural, conforme a equa\u00e7\u00e3o abaixo:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"74\" class=\"wp-image-123122\" style=\"width: 700px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-1.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-1.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-1-300x32.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-1-1024x108.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-1-1536x161.jpg 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Na equa\u00e7\u00e3o,<em> iof<\/em> \u00e9 o valor anual que seria arrecadado; <em>pf<sub>m,a<\/sub><\/em> e<em> pj<sub>m,a<\/sub><\/em>representam, respectivamente, o saldo da carteira de cr\u00e9dito rural para pessoas f\u00edsicas e jur\u00eddicas; <em>iofpf<sub>m,a<\/sub><\/em> e <em>iofpj<sub>m,a<\/sub><\/em> s\u00e3o as al\u00edquotas di\u00e1rias do IOF aplic\u00e1veis \u00e0s opera\u00e7\u00f5es de cr\u00e9dito de pessoas f\u00edsicas e jur\u00eddicas; <em>dias<sub>m,a<\/sub> <\/em>representa a quantidade de dias de determinado m\u00eas; o \u00edndice <em>a<\/em> indica o ano e o \u00edndice <em>m<\/em> m\u00eas.<a href=\"#_ftn15\" id=\"_ftnref15\"><sup>[15]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn16\" id=\"_ftnref16\"><sup>[16]<\/sup><\/a> Assim, <em>IOF<sub>a<\/sub><\/em> corresponde \u00e0 soma, ao longo dos meses do ano, da arrecada\u00e7\u00e3o que resultaria da incid\u00eancia das al\u00edquotas di\u00e1rias sobre os saldos mensais de cr\u00e9dito rural.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>IRPF Sobre as LCAs<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Cerca de 27,5% do cr\u00e9dito rural \u00e9 financiado por LCAs. O cr\u00e9dito rural tamb\u00e9m se beneficia da al\u00edquota zero de IRPF sobre os rendimentos das LCAs, t\u00edtulos emitidos por institui\u00e7\u00f5es financeiras para captar recursos destinados ao financiamento do agroneg\u00f3cio.<a href=\"#_ftn17\" id=\"_ftnref17\"><sup>[17]<\/sup><\/a> O MCR estabelece um percentual m\u00ednimo de aloca\u00e7\u00e3o de LCAs ao cr\u00e9dito rural que variou ao longo do per\u00edodo: 35,0% na safra 2022\u20132023 (janeiro a junho de 2023), 50,0% nas safras 2023\u20132024 e 2024\u20132025 (julho de 2023 a junho de 2025) e 60,0% a partir da safra 2025\u20132026 (julho a dezembro de 2025), em conformidade com a Resolu\u00e7\u00e3o CMN n\u00ba 5.216, de 22 de maio de 2025.<a href=\"#_ftn18\" id=\"_ftnref18\"><sup>[18]<\/sup><\/a> Essa exigibilidade crescente refor\u00e7a o papel das LCAs como importante fonte de recursos para o setor agropecu\u00e1rio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essa isen\u00e7\u00e3o de IRPF reduz o custo de capta\u00e7\u00e3o via LCAs e, consequentemente, tende a baratear o financiamento do setor agropecu\u00e1rio. Como contrapartida, instrumentos tributados precisam oferecer retorno maior para competir por investidores, o que pode deslocar recursos de outras aplica\u00e7\u00f5es e alterar a aloca\u00e7\u00e3o de poupan\u00e7a na economia. Assim, a pol\u00edtica apoia o cr\u00e9dito rural, concedendo tratamento tribut\u00e1rio preferencial a um ativo financeiro espec\u00edfico.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A ren\u00fancia associada ao IRPF \u00e9 estimada como o valor que o governo arrecadaria caso os rendimentos das LCAs fossem tributados com uma al\u00edquota equivalente \u00e0 aplicada a outros instrumentos de renda fixa, como o Certificado de Dep\u00f3sito Banc\u00e1rio (CDB).<a href=\"#_ftn19\" id=\"_ftnref19\"><sup>[19]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn20\" id=\"_ftnref20\"><sup>[20]<\/sup><\/a> Aproxima-se o rendimento de um per\u00edodo pela multiplica\u00e7\u00e3o do estoque de LCAs por uma taxa de remunera\u00e7\u00e3o representativa do mercado. O fator 0,9 \u00e9 utilizado, porque, no mercado, LCAs frequentemente remuneram o investidor em torno de 90% do Certificado de Dep\u00f3sito Interbanc\u00e1rio (CDI). Por fim, considera-se apenas a parcela do estoque associada ao cr\u00e9dito rural, aproximada pelo m\u00ednimo regulat\u00f3rio de aloca\u00e7\u00e3o previsto no MCR, que varia conforme o per\u00edodo de safra.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O valor da ren\u00fancia fiscal para as LCAs \u00e9 calculado a partir da equa\u00e7\u00e3o:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"82\" class=\"wp-image-123119\" style=\"width: 700px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-2.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-2.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-2-300x35.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-2-1024x119.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-formula-2-1536x179.jpg 1536w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Em que <em>irpf<sub>a<\/sub><\/em> \u00e9 o valor anual que seria arrecadado; <em>lca<sub>m,a<\/sub><\/em> \u00e9 o estoque mensal de LCAs;<a href=\"#_ftn21\" id=\"_ftnref21\"><sup>[21]<\/sup><\/a> <em>cdi<sub>m,a<\/sub><\/em> \u00e9 a taxa do CDI acumulada no m\u00eas;<a href=\"#_ftn22\" id=\"_ftnref22\"><sup>[22]<\/sup><\/a> <em>proprural<sub>m,a<\/sub><\/em> \u00e9 a propor\u00e7\u00e3o m\u00ednima regulat\u00f3ria das LCAs destinada ao cr\u00e9dito rural estabelecida pelo MCR; 0,90 aproxima a remunera\u00e7\u00e3o m\u00e9dia das LCAs como propor\u00e7\u00e3o do CDI; 0,15 corresponde \u00e0 al\u00edquota m\u00ednima de IRPF aplic\u00e1vel a instrumentos tributados de renda fixa; o \u00edndice <em>a<\/em> indica o ano e o \u00edndice <em>m<\/em> indica o m\u00eas. Por fim, \u00e9 feita a soma dos valores obtidos no ano.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Estimativas de Benef\u00edcios Fiscais<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A Figura 2 apresenta as estimativas de ren\u00fancia fiscal associadas ao IOF e ao IRPF para o cr\u00e9dito rural entre 2023 e 2025. Os resultados mostram que os benef\u00edcios tribut\u00e1rios representam um custo fiscal expressivo para a Uni\u00e3o. Em diversos anos, o valor da ren\u00fancia fiscal supera os gastos observados com equaliza\u00e7\u00e3o de juros.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 2. <\/strong>Custos Associados aos Benef\u00edcios Fiscais, 2023\u20132025<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"358\" class=\"wp-image-123113\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-2.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-2.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-2-300x119.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-2-1024x408.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-2-1536x611.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota:<\/strong> Valores ajustados a pre\u00e7os de dezembro de 2025.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte:<\/strong> CPI\/PUC-Rio com dados do BCB (2026), Mapa\/Boletim de Finan\u00e7as Privadas do Agro (2026) e B3 (2025), 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A ren\u00fancia fiscal associada \u00e0 al\u00edquota zero do IOF aumentou de R$ 19,5 bilh\u00f5es em 2023 para R$ 24,3 bilh\u00f5es em 2025, a pre\u00e7os de dezembro de 2025. No per\u00edodo 2023\u20132025, a ren\u00fancia m\u00e9dia associada ao IOF foi de R$ 21,9 bilh\u00f5es por ano.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A ren\u00fancia fiscal associada \u00e0 isen\u00e7\u00e3o de IRPF sobre LCAs foi estimada em R$ 3,2 bilh\u00f5es em 2023, R$ 3,6 bilh\u00f5es em 2024 e R$ 6,0 bilh\u00f5es em 2025, a pre\u00e7os de dezembro de 2025, com m\u00e9dia de R$ 4,3 bilh\u00f5es por ano no tri\u00eanio. O forte crescimento em 2025 reflete a eleva\u00e7\u00e3o do estoque de LCAs \u2014 que alcan\u00e7ou R$ 600 bilh\u00f5es \u2014 combinada ao aumento da exigibilidade de aloca\u00e7\u00e3o ao cr\u00e9dito rural para 60,0% a partir de julho de 2025 e ao patamar elevado de juros (CDI m\u00e9dio de 1,15% ao m\u00eas). Essas estimativas utilizam a al\u00edquota m\u00ednima de IRPF (15%) e a propor\u00e7\u00e3o m\u00ednima regulat\u00f3ria de LCAs alocadas ao cr\u00e9dito rural, o que subestima a ren\u00fancia efetiva.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A ren\u00fancia associada \u00e0s LCAs, somada \u00e0 ren\u00fancia de IOF, faz dos benef\u00edcios fiscais o maior mecanismo de apoio p\u00fablico mensurado neste estudo. No per\u00edodo de 2023 a 2025, esse mecanismo foi mais de duas vezes superior aos gastos com equaliza\u00e7\u00e3o de juros.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Fontes P\u00fablicas<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A Uni\u00e3o apoia o cr\u00e9dito rural por meio de fontes p\u00fablicas de financiamento. Esses recursos incluem transfer\u00eancias para os FCFs, recursos do FAT alocados ao Banco Nacional de Desenvolvimento Econ\u00f4mico e Social (BNDES) e transfer\u00eancias diretas do Tesouro Nacional para opera\u00e7\u00f5es espec\u00edficas. Diferentemente da equaliza\u00e7\u00e3o, esses repasses n\u00e3o representam gasto l\u00edquido integral, pois os fundos s\u00e3o rotativos: amortiza\u00e7\u00f5es e juros retornam ao fundo e podem ser reaplicados.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Esta se\u00e7\u00e3o estima os recursos p\u00fablicos destinados ao cr\u00e9dito rural por meio dessas fontes de financiamento. No caso dos Fundos Constitucionais e do FAT, o apoio ao cr\u00e9dito rural envolve custo de oportunidade para a sociedade, pois recursos p\u00fablicos s\u00e3o direcionados a instrumentos espec\u00edficos de financiamento e deixam de estar dispon\u00edveis para outros usos. J\u00e1 as transfer\u00eancias diretas do Tesouro correspondem a apoio p\u00fablico expl\u00edcito ao cr\u00e9dito rural. Em todos os casos, a magnitude dos recursos envolvidos justifica o monitoramento cont\u00ednuo de sua efetividade, focaliza\u00e7\u00e3o e retorno social.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Fundos Constitucionais de Financiamento<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Com o objetivo de apoiar regi\u00f5es espec\u00edficas e melhorar determinados indicadores de desenvolvimento, uma parte da arrecada\u00e7\u00e3o do setor p\u00fablico \u00e9 destinada aos FCFs. Os Fundos Constitucionais de Financiamento do Centro-Oeste (FCO), do Nordeste (FNE) e do Norte (FNO) t\u00eam por objetivo contribuir para o desenvolvimento socioecon\u00f4mico das suas respectivas regi\u00f5es por meio de institui\u00e7\u00f5es financeiras federais de car\u00e1ter regional, mediante a execu\u00e7\u00e3o de programas de financiamento aos setores produtivos, em conson\u00e2ncia com os respectivos planos regionais de desenvolvimento. A justificativa econ\u00f4mica desses fundos depende, portanto, de sua capacidade de direcionar cr\u00e9dito para regi\u00f5es, produtores e atividades que enfrentam restri\u00e7\u00f5es efetivas de financiamento e que geram retorno social superior ao que seria obtido por aloca\u00e7\u00e3o privada de mercado.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O repasse anual do setor p\u00fablico recebido pelos fundos corresponde a 3,0% do produto da arrecada\u00e7\u00e3o do Imposto sobre Produtos Industrializados (IPI) e do Imposto de Renda (IR) sendo que, desse total, cabe 0,6% ao FNO, 0,6% ao FCO e 1,8% ao FNE.<a href=\"#_ftn23\" id=\"_ftnref23\"><sup>[23]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn24\" id=\"_ftnref24\"><sup>[24]<\/sup><\/a> Os fundos beneficiam-se de isen\u00e7\u00e3o tribut\u00e1ria, estando seus resultados, rendimentos e opera\u00e7\u00f5es de financiamento livres de qualquer tributo ou contribui\u00e7\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A partir desse repasse, cada fundo estipula anualmente o montante que ser\u00e1 destinado para o cr\u00e9dito rural. Para o c\u00e1lculo do valor dos repasses dos FCFs, foram utilizados os relat\u00f3rios de gest\u00e3o de cada um dos fundos a fim de obter o percentual dos recursos recebidos e utilizados no cr\u00e9dito rural. Em seguida, foram calculados os valores das transfer\u00eancias para os fundos a partir do percentual dos impostos e dados do or\u00e7amento p\u00fablico. Com isso, os dois valores foram multiplicados para obten\u00e7\u00e3o do montante destinado ao cr\u00e9dito rural.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Fundo do Amparo ao Trabalhador<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Al\u00e9m dos FCFs, uma parcela do cr\u00e9dito rural tamb\u00e9m \u00e9 financiada pelo BNDES. O Banco se financia principalmente atrav\u00e9s do FAT. De acordo com o Art. 239 da Constitui\u00e7\u00e3o Federal, o FAT \u00e9 financiado pela arrecada\u00e7\u00e3o decorrente das contribui\u00e7\u00f5es para o Programa de Integra\u00e7\u00e3o Social (PIS) e para o Programa de Forma\u00e7\u00e3o do Patrim\u00f4nio do Servidor P\u00fablico (PASEP). Desses recursos, uma propor\u00e7\u00e3o de 28,0% \u00e9 destinada ao financiamento de programas de desenvolvimento econ\u00f4mico atrav\u00e9s do BNDES, enquanto a parcela restante custeia o programa de seguro-desemprego e o abono salarial.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Os recursos do FAT alocados ao BNDES s\u00e3o decompostos em Saldo de Recursos Ordin\u00e1rios \u2014 o FAT Constitucional, que engloba os recursos previstos no Art. 239 da Constitui\u00e7\u00e3o \u2014 e em Saldo dos Dep\u00f3sitos Especiais do FAT \u2014 que se referem a aplica\u00e7\u00f5es origin\u00e1rias das disponibilidades financeiras do fundo e configuram uma modalidade de financiamento destinada \u00e0s institui\u00e7\u00f5es financeiras oficiais federais. Quase 60% dos recursos dos Dep\u00f3sitos Especiais est\u00e3o aplicados no BNDES para o apoio aos setores de infraestrutura, exporta\u00e7\u00e3o e agropecu\u00e1ria e \u00e0s micro, pequenas e m\u00e9dias empresas. Os recursos oriundos de dep\u00f3sitos especiais atendem programas e linhas de cr\u00e9dito espec\u00edficos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O FAT Constitucional tem car\u00e1ter permanente e destina\u00e7\u00e3o compuls\u00f3ria, sendo uma fonte permanente e segura, com custos compat\u00edveis para o financiamento de longo prazo de atividades produtivas. Assim, destaca-se como uma de suas principais caracter\u00edsticas o prazo de exigibilidade indefinido, em que n\u00e3o h\u00e1 previs\u00e3o de devolu\u00e7\u00e3o do principal, mas apenas o pagamento peri\u00f3dico de juros. Apesar disso, os recursos alocados no FAT Constitucional podem ser resgatados pelo FAT no caso de insufici\u00eancia de recursos para o pagamento do seguro-desemprego e do abono salarial. Outra caracter\u00edstica do FAT Constitucional \u00e9 a autonomia do BNDES em rela\u00e7\u00e3o \u00e0 aplica\u00e7\u00e3o de seus recursos, desde que destinada a programas de desenvolvimento econ\u00f4mico e em conformidade com as normas definidas na pol\u00edtica operacional do Banco.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A partir dessas informa\u00e7\u00f5es, calcula-se quanto do FAT transferido ao BNDES foi destinado ao cr\u00e9dito rural.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Transfer\u00eancia do Tesouro Nacional<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Ao observar todas as a\u00e7\u00f5es existentes relacionadas ao repasse do setor p\u00fablico para o cr\u00e9dito rural utilizando a base de dados do SIOP, nota-se que, para al\u00e9m das subven\u00e7\u00f5es econ\u00f4micas, existe uma a\u00e7\u00e3o relacionada a financiamento que ocorre atrav\u00e9s da a\u00e7\u00e3o 0A81. Essa a\u00e7\u00e3o, realizada conforme a Lei n\u00ba 10.186,<a href=\"#_ftn25\" id=\"_ftnref25\"><sup>[25]<\/sup><\/a> determina a concess\u00e3o pelo Tesouro Nacional de empr\u00e9stimos diretos a agricultores familiares de baixa renda benefici\u00e1rios do Pronaf. Apesar da semelhan\u00e7a com o processo de equaliza\u00e7\u00e3o \u2014 no qual o Tesouro transfere um montante a um banco para a concess\u00e3o de empr\u00e9stimo \u2014, nesse caso, o risco de inadimpl\u00eancia \u00e9 assumido pelo Tesouro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apesar de j\u00e1 existir uma a\u00e7\u00e3o de equaliza\u00e7\u00e3o relacionada ao cr\u00e9dito de benefici\u00e1rios do Pronaf, esse financiamento se faz necess\u00e1rio, pois h\u00e1 uma parcela desses benefici\u00e1rios avaliada pelos bancos como de alto risco para a concess\u00e3o de cr\u00e9dito. Em muitos casos, esse financiamento \u00e9 concedido \u00e0queles que recebem os programas destinados aos agricultores mais vulner\u00e1veis, como o Pronaf-B.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Total de Fontes P\u00fablicas<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A Figura 3 mostra os resultados das estimativas de fontes p\u00fablicas destinadas ao cr\u00e9dito rural:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 3. <\/strong>Fontes de Recursos P\u00fablicas Destinadas ao Cr\u00e9dito Rural, 2023\u20132025<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"454\" class=\"wp-image-123110\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-3.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-3.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-3-300x151.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-3-1024x517.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-3-1536x775.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota:<\/strong> Valores em bilh\u00f5es ajustados a pre\u00e7os de dezembro de 2025.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte: <\/strong>CPI\/PUC-Rio com dados do relat\u00f3rio de gest\u00e3o do FCO (2023, 2024, 2025), do FNE (2023, 2024, 2025), do FNO (2023, 2024, 2025), do FAT (2023, 2024, 2025) e do SIOP (2026), 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As estimativas mostram que os recursos p\u00fablicos destinados ao cr\u00e9dito rural por meio dos FCFs, do FAT e do Tesouro Nacional t\u00eam magnitude superior \u00e0 equaliza\u00e7\u00e3o de juros: essas fontes p\u00fablicas destinaram, em m\u00e9dia, R$ 20,2 bilh\u00f5es por ano ao cr\u00e9dito rural entre 2023 e 2025, valor 62% superior ao gasto m\u00e9dio com equaliza\u00e7\u00e3o no per\u00edodo. <strong>Esse resultado refor\u00e7a que o custo p\u00fablico do cr\u00e9dito rural n\u00e3o se limita aos subs\u00eddios expl\u00edcitos registrados no or\u00e7amento.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apesar de receberem repasses p\u00fablicos permanentes, os FCFs apresentam problemas relevantes de transpar\u00eancia, rastreabilidade e focaliza\u00e7\u00e3o. Em termos de focaliza\u00e7\u00e3o, apenas 30,1% do valor contratado entre 2023 e 2025 est\u00e1 associado a programas identific\u00e1veis com objetivos sociais, ambientais e clim\u00e1ticos, especialmente o Pronaf. O Pronamp e o RenovAgro n\u00e3o aparecem de forma significativa nos dados, o que se explica pelo fato de que boa parte dos recursos dos FCFs \u00e9 direcionada a programas pr\u00f3prios desses fundos, fora do escopo do Plano Safra e n\u00e3o articulados com diretrizes federais. Como resultado, iniciativas como o FNE Verde, que compartilham objetivos com o Pronamp e o RenovAgro, n\u00e3o s\u00e3o identific\u00e1veis no Sicor, dificultando a rastreabilidade e o monitoramento da focaliza\u00e7\u00e3o desses recursos. Al\u00e9m disso, estudos anteriores do CPI\/PUC-Rio demonstram que, utilizando dados do Censo Agropecu\u00e1rio de 2017, 99,9% das propriedades com atividades agropecu\u00e1rias s\u00e3o enquadradas como benefici\u00e1rios priorit\u00e1rios pelos FCFs.<a href=\"#_ftn26\" id=\"_ftnref26\"><sup>[26]<\/sup><\/a> Isso indica que a classifica\u00e7\u00e3o formal de prioridade n\u00e3o garante prioriza\u00e7\u00e3o efetiva e pode permitir que recursos p\u00fablicos beneficiem produtores de maior porte, reduzindo a capacidade dos fundos de promover desenvolvimento regional inclusivo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Outros instrumentos historicamente associados ao financiamento agropecu\u00e1rio, como o Funcaf\u00e9 e o Fundo de Terras e Reforma Agr\u00e1ria, n\u00e3o foram inclu\u00eddos nas estimativas porque n\u00e3o receberam transfer\u00eancias diretas da Uni\u00e3o no per\u00edodo analisado (2023\u20132025).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Renegocia\u00e7\u00f5es de D\u00edvidas<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Renegocia\u00e7\u00f5es e perd\u00f5es de d\u00edvidas alteram as condi\u00e7\u00f5es originalmente pactuadas em contratos de cr\u00e9dito rural. Podem envolver redu\u00e7\u00e3o de juros, descontos sobre parcelas, prorroga\u00e7\u00e3o de prazos, rebate sobre o principal ou perd\u00e3o parcial de d\u00edvida. Quando envolvem recursos p\u00fablicos ou obriga\u00e7\u00f5es da Uni\u00e3o, essas medidas geram custo fiscal ou financeiro: o valor n\u00e3o recebido ou transferido precisa ser compensado por maior arrecada\u00e7\u00e3o, redu\u00e7\u00e3o de outras despesas, realoca\u00e7\u00e3o or\u00e7ament\u00e1ria ou aumento do endividamento p\u00fablico.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Esses instrumentos podem ser necess\u00e1rios em situa\u00e7\u00f5es excepcionais, especialmente diante de choques clim\u00e1ticos severos ou crises regionais. No entanto, quando se tornam recorrentes ou pouco transparentes, podem gerar risco moral: produtores e institui\u00e7\u00f5es financeiras passam a antecipar a possibilidade de renegocia\u00e7\u00f5es futuras, o que pode afetar decis\u00f5es de tomada de risco, disciplina de pagamento e precifica\u00e7\u00e3o do cr\u00e9dito.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para calcular o custo de renegocia\u00e7\u00e3o, utilizam-se como base as a\u00e7\u00f5es or\u00e7ament\u00e1rias 0611 e 00P4:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>C\u00f3digo<\/strong><\/td><td><strong>A\u00e7\u00e3o<\/strong><\/td><\/tr><tr><td><strong>00P4<\/strong><\/td><td><strong>Subven\u00e7\u00e3o Econ\u00f4mica nas Opera\u00e7\u00f5es de Cr\u00e9dito Rural para empreendimentos localizados em \u00e1reas de abrang\u00eancia da Superintend\u00eancia de Desenvolvimento do Nordeste (Sudene) ou da Superintend\u00eancia do Desenvolvimento da Amaz\u00f4nia (Sudam) ou para atendimento de Decis\u00e3o Judicial (Leis n\u00ba 12.844\/2013 e n\u00ba 13.340\/2016)<\/strong><\/td><\/tr><tr><td><strong>0611<\/strong><\/td><td>Subven\u00e7\u00e3o Econ\u00f4mica para Opera\u00e7\u00f5es decorrentes do&nbsp;<strong>Alongamento de D\u00edvidas&nbsp;<\/strong>Origin\u00e1rias de Cr\u00e9dito Rural (Leis n\u00ba 9.138, de 1995 e n\u00ba 10.437, de 2002)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">A a\u00e7\u00e3o 00P4 \u00e9 uma renegocia\u00e7\u00e3o que se origina de uma concess\u00e3o de subven\u00e7\u00e3o econ\u00f4mica sob a forma de rebate, destinada \u00e0 liquida\u00e7\u00e3o de opera\u00e7\u00f5es de cr\u00e9dito rural contratadas por meio de fontes p\u00fablicas e por produtores abrangidos pela Sudene ou pela Sudam, com determinadas condi\u00e7\u00f5es e estabelecida por meio de duas leis diferentes.<a href=\"#_ftn27\" id=\"_ftnref27\"><sup>[27]<\/sup><\/a><sup>,<\/sup><a href=\"#_ftn28\" id=\"_ftnref28\"><sup>[28]<\/sup><\/a> A a\u00e7\u00e3o 0611 consiste no rebate sobre as parcelas do Programa de Saneamento de Ativos (PESA), no ressarcimento \u00e0s institui\u00e7\u00f5es financeiras de valores de subven\u00e7\u00e3o no Programa de Securitiza\u00e7\u00e3o Agr\u00edcola (PSA) e na remunera\u00e7\u00e3o das institui\u00e7\u00f5es financeiras decorrentes do alongamento de d\u00edvida do cr\u00e9dito rural.<a href=\"#_ftn29\" id=\"_ftnref29\"><sup>[29]<\/sup><\/a><sup><\/sup><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Figura 4 mostra os custos com renegocia\u00e7\u00f5es de d\u00edvidas origin\u00e1rias do cr\u00e9dito rural calculados a partir da soma dos valores das a\u00e7\u00f5es or\u00e7ament\u00e1rias associadas a esses c\u00f3digos em cada ano.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 4. <\/strong>Estimativa dos Custos Gerados por Renegocia\u00e7\u00e3o, 2023\u20132025<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"401\" class=\"wp-image-123107\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-4.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-4.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-4-300x134.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-4-1024x457.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-4-1536x685.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota:<\/strong> 2024: inclui R$ 721 milh\u00f5es em Restos a Pagar da a\u00e7\u00e3o 0611 liquidados em abril (programa 1031) + R$ 434 M em pagamento regular em dezembro (programa 1144). A\u00e7\u00e3o 00P4 em 2023: R$ 71 M nominais; praticamente nula em 2024\u20132025. Valores ajustados a pre\u00e7os de dezembro de 2025. Componentes anuais arredondados podem n\u00e3o somar exatamente o total.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte: <\/strong>CPI\/PUC-Rio base nos dados do SIOP (2026), 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No per\u00edodo 2023\u20132025, o custo estimado com renegocia\u00e7\u00f5es totalizou R$ 2,4 bilh\u00f5es, com m\u00e9dia de R$ 0,8 bilh\u00e3o\/ano \u2014 acima da m\u00e9dia de R$ 0,5 bilh\u00e3o\/ano registrada no per\u00edodo 2021\u20132024. O custo foi concentrado em 2024 (R$ 1,3 bilh\u00e3o), quando pagamentos de Restos a Pagar acumulados de exerc\u00edcios anteriores \u2014 em especial R$ 721 milh\u00f5es liquidados em abril pela a\u00e7\u00e3o 0611 \u2014 elevaram significativamente o total. Em 2023, o custo foi de R$ 0,8 bilh\u00e3o e, em 2025, de R$ 0,4 bilh\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Embora o custo or\u00e7ament\u00e1rio identificado para renegocia\u00e7\u00f5es seja inferior ao dos demais mecanismos analisados, a estimativa \u00e9 subestimada. Outras modalidades de prorroga\u00e7\u00e3o, rebate, perd\u00e3o parcial ou reestrutura\u00e7\u00e3o de d\u00edvidas n\u00e3o puderam ser mensuradas por falta de dados p\u00fablicos padronizados.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As estimativas de renegocia\u00e7\u00e3o apresentadas n\u00e3o capturam os custos fiscais associados a eventos extremos. N\u00e3o existe rubrica or\u00e7ament\u00e1ria espec\u00edfica para renegocia\u00e7\u00f5es decorrentes de calamidades: os custos s\u00e3o absorvidos pelas mesmas a\u00e7\u00f5es or\u00e7ament\u00e1rias utilizadas para renegocia\u00e7\u00f5es e equaliza\u00e7\u00f5es regulares, o que impede sua identifica\u00e7\u00e3o direta nas bases p\u00fablicas. O Sicor registra opera\u00e7\u00f5es prorrogadas ou renegociadas, mas n\u00e3o identifica sistematicamente a causa da renegocia\u00e7\u00e3o nem permite associar cada opera\u00e7\u00e3o ao custo fiscal correspondente. Por isso, n\u00e3o h\u00e1 s\u00e9rie hist\u00f3rica consolidada que permita mensurar, de forma padronizada, o volume renegociado e o custo fiscal associado a eventos extremos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As enchentes que atingiram o Rio Grande do Sul em 2024 ilustram a magnitude potencial desse componente: a Medida Provis\u00f3ria (MP) 1247\/2024, convertida na Lei n\u00ba 15.038\/2024, autorizou subven\u00e7\u00e3o econ\u00f4mica, na forma de desconto, para liquida\u00e7\u00e3o ou renegocia\u00e7\u00e3o de opera\u00e7\u00f5es de cr\u00e9dito rural de produtores com perdas iguais ou superiores a 30% na renda esperada ou no valor dos bens financiados, com percentuais de desconto definidos em decreto, medida complementada por resolu\u00e7\u00f5es do CMN e pelo cr\u00e9dito extraordin\u00e1rio de R$ 1,976 bilh\u00e3o aberto pela MP 1254\/2024. Esses custos n\u00e3o est\u00e3o inclu\u00eddos nas estimativas apresentadas, o que gera subestima\u00e7\u00e3o do custo total. Esse ponto tende a ganhar relev\u00e2ncia com a intensifica\u00e7\u00e3o de eventos clim\u00e1ticos extremos. Sem bases padronizadas que vinculem causa da renegocia\u00e7\u00e3o, benefici\u00e1rio, localiza\u00e7\u00e3o, volume renegociado e custo fiscal, a pol\u00edtica p\u00fablica continuar\u00e1 reagindo a choques clim\u00e1ticos sem mensurar adequadamente seus custos recorrentes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a\u00e7\u00f5es or\u00e7ament\u00e1rias relacionadas \u00e0 equaliza\u00e7\u00e3o 0281 e 0301 t\u00eam mecanismos em sua regulamenta\u00e7\u00e3o que se relacionam com a renegocia\u00e7\u00e3o. O MCR, para o caso de ambas as a\u00e7\u00f5es, permite que 8,0% dos recursos vindos dessas a\u00e7\u00f5es sejam utilizados para prop\u00f3sitos de renegocia\u00e7\u00e3o.<a href=\"#_ftn30\" id=\"_ftnref30\"><sup>[30]<\/sup><\/a> Apesar disso, uma vez que essas a\u00e7\u00f5es est\u00e3o inclusas na metodologia relacionada \u00e0 equaliza\u00e7\u00e3o, esses valores n\u00e3o foram inclu\u00eddos nesta se\u00e7\u00e3o, a fim de evitar uma contagem dupla.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Focaliza\u00e7\u00e3o<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Entre 2023 e 2025, apenas 31,9% do volume total de cr\u00e9dito rural esteve associado a programas com objetivos sociais, ambientais ou clim\u00e1ticos (Figura 5). Os 68,1% restantes foram contratados sem v\u00ednculo com programas identific\u00e1veis do Plano Safra ou em programas sem foco social, ambiental ou clim\u00e1tico. Em uma pol\u00edtica financiada direta ou indiretamente pela sociedade, baixa focaliza\u00e7\u00e3o significa menor capacidade de garantir que o apoio p\u00fablico gere adicionalidade produtiva, inclus\u00e3o social, conserva\u00e7\u00e3o ambiental ou redu\u00e7\u00e3o de riscos clim\u00e1ticos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 5. <\/strong>Focaliza\u00e7\u00e3o do Cr\u00e9dito Rural, 2023\u20132025<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Volume total: <\/strong>R$ 1.145,8 bilh\u00f5es<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"314\" class=\"wp-image-123104\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-5.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-5.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-5-300x105.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-5-1024x357.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-5-1536x536.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota: \u201c<\/strong>Sem foco social, ambiental ou clim\u00e1tico\u201d agrega contratos sem v\u00ednculo com programas identific\u00e1veis do Plano Safra e contratos associados a programas sem objetivos expl\u00edcitos de inclus\u00e3o produtiva, apoio a produtores de menor porte, sustentabilidade ambiental ou mitiga\u00e7\u00e3o e adapta\u00e7\u00e3o \u00e0s mudan\u00e7as clim\u00e1ticas. \u201cRenovAgro\u201d inclui contratos residuais do ABC+ (0,1% do total), programa substitu\u00eddo pelo RenovAgro a partir do Plano Safra 2023\/2024. Volume total: R$ 1.145,8 bilh\u00f5es a pre\u00e7os de dezembro de 2025.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte: <\/strong>CPI\/PUC-Rio com base nos dados do Sicor\/BCB (2026), 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dentro do cr\u00e9dito focalizado, o Pronaf \u2014 voltado \u00e0 agricultura familiar \u2014 respondeu por 16,2% do total e o Pronamp, destinado a produtores de m\u00e9dio porte, por 14,3%. O RenovAgro, principal linha de cr\u00e9dito voltada a pr\u00e1ticas sustent\u00e1veis de baixo carbono, respondeu por apenas 1,4% do total. Essa participa\u00e7\u00e3o \u00e9 incompat\u00edvel com a escala dos recursos p\u00fablicos mobilizados, com a relev\u00e2ncia da agropecu\u00e1ria para a agenda clim\u00e1tica e com a necessidade de induzir ganhos de produtividade associados \u00e0 recupera\u00e7\u00e3o de \u00e1reas degradadas, redu\u00e7\u00e3o de emiss\u00f5es e maior resili\u00eancia produtiva.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A inclus\u00e3o do Pronamp no cr\u00e9dito focalizado merece ressalva. O programa atende produtores com receita bruta anual de at\u00e9 R$ 2,4 milh\u00f5es, segmento com acesso relativamente amplo ao mercado de cr\u00e9dito e menor necessidade de apoio diferenciado. Sem o Pronamp, o cr\u00e9dito associado a objetivos sociais ou clim\u00e1ticos recua para 17,6% do total \u2014 sendo 16,2% destinado \u00e0 agricultura familiar e apenas 1,4% a pr\u00e1ticas sustent\u00e1veis. Essa decomposi\u00e7\u00e3o \u00e9 essencial porque mostra que parte relevante do cr\u00e9dito classificado como focalizado n\u00e3o necessariamente atende aos produtores com maior restri\u00e7\u00e3o de cr\u00e9dito ou \u00e0s atividades com maior retorno socioambiental.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Como os instrumentos de apoio analisados neste relat\u00f3rio incidem de forma ampla sobre o cr\u00e9dito rural, a baixa focaliza\u00e7\u00e3o compromete o retorno social da pol\u00edtica. O apoio p\u00fablico deve ser progressivamente reorientado para contemplar produtores com restri\u00e7\u00e3o efetiva de cr\u00e9dito, regi\u00f5es subatendidas, agricultura familiar, recupera\u00e7\u00e3o de \u00e1reas degradadas, adapta\u00e7\u00e3o clim\u00e1tica, tecnologias de baixa emiss\u00e3o e opera\u00e7\u00f5es com ganhos mensur\u00e1veis de produtividade e conformidade ambiental. Ampliar a participa\u00e7\u00e3o do RenovAgro e fortalecer condicionalidades socioambientais em todo o cr\u00e9dito rural s\u00e3o passos necess\u00e1rios para alinhar o sistema \u00e0s metas de desenvolvimento sustent\u00e1vel do pa\u00eds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Transpar\u00eancia<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">O Sicor \u00e9 a principal base p\u00fablica de dados sobre o cr\u00e9dito rural brasileiro e, portanto, a infraestrutura central para monitoramento, avalia\u00e7\u00e3o e controle social da pol\u00edtica. Para cada opera\u00e7\u00e3o registrada, o Sicor disponibiliza informa\u00e7\u00f5es b\u00e1sicas, como valor contratado, fonte de recurso, produto financiado e unidade federativa. No entanto, dados complementares \u2014 incluindo CPF ou CNPJ do mutu\u00e1rio, munic\u00edpio de concess\u00e3o e coordenadas geod\u00e9sicas da \u00e1rea ou das \u00e1reas objeto da opera\u00e7\u00e3o de financiamento \u2014 est\u00e3o dispon\u00edveis publicamente apenas para opera\u00e7\u00f5es cujas fontes de recurso integram a lista de fontes p\u00fablicas do BCB ou que s\u00e3o cobertas pelo Proagro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No per\u00edodo de 2023 a 2025, apenas <strong>34,8% do volume total de cr\u00e9dito rural<\/strong> contratado no pa\u00eds correspondeu a opera\u00e7\u00f5es com dados completos dispon\u00edveis no Sicor (Figura 6). Os 65,2% restantes \u2014 R$ 747 bilh\u00f5es em tr\u00eas anos \u2014 foram contratados por meio de fontes que o BCB n\u00e3o classifica como p\u00fablicas para fins de divulga\u00e7\u00e3o complementar, o que impede o monitoramento p\u00fablico de quem recebeu o cr\u00e9dito, onde ele foi aplicado, qual propriedade foi beneficiada e se a opera\u00e7\u00e3o est\u00e1 compat\u00edvel com requisitos socioambientais e objetivos de pol\u00edtica p\u00fablica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 6. <\/strong>Transpar\u00eancia do Cr\u00e9dito Rural no Sicor, 2023\u20132025<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>% do volume contratado<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"305\" class=\"wp-image-123101\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-6.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-6.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-6-300x102.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-6-1024x347.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/PB-Subsidios-PT-WP-Figura-6-1536x520.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota:<\/strong> \u201cCom transpar\u00eancia\u201d corresponde a opera\u00e7\u00f5es, cujas fontes de recurso constam na lista FonteRecursosPublicos.csv do BCB, que determina quais opera\u00e7\u00f5es t\u00eam dados complementares (CPF\/CNPJ, munic\u00edpio, gleba) dispon\u00edveis publicamente na Se\u00e7\u00e3o 3 do Sicor. Valores em pre\u00e7os correntes.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte: <\/strong>CPI\/PUC-Rio com base nos dados do Sicor\/BCB (2026), 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As principais fontes sem transpar\u00eancia no per\u00edodo s\u00e3o a LCA em taxa livre (0430), respons\u00e1vel por R$ 354 bilh\u00f5es (30,9% do total contratado), os Obrigat\u00f3rios do MCR 6.2 (0201), com R$ 212 bilh\u00f5es (18,5%), e a Poupan\u00e7a Rural Livre (0303), com R$ 97 bilh\u00f5es (8,5%). As duas \u00faltimas categorias revelam uma assimetria relevante da arquitetura regulat\u00f3ria vigente: os recursos obrigat\u00f3rios e a poupan\u00e7a rural livre resultam de exig\u00eancias de direcionamento impostas pelo pr\u00f3prio BCB \u2014 os bancos s\u00e3o compelidos por regula\u00e7\u00e3o a destinar uma parcela de seus dep\u00f3sitos ao cr\u00e9dito rural \u2014, mas as opera\u00e7\u00f5es correspondentes n\u00e3o est\u00e3o sujeitas ao mesmo padr\u00e3o de divulga\u00e7\u00e3o que as fontes explicitamente p\u00fablicas. Em outros termos, direcionamento regulat\u00f3rio n\u00e3o implica transpar\u00eancia p\u00fablica: R$ 309 bilh\u00f5es em cr\u00e9dito dirigido por norma do BCB n\u00e3o t\u00eam CPF, munic\u00edpio nem propriedade identific\u00e1vel nos dados abertos. A transpar\u00eancia deve acompanhar o benef\u00edcio p\u00fablico, e n\u00e3o apenas a classifica\u00e7\u00e3o formal da fonte de recursos. Opera\u00e7\u00f5es beneficiadas por ren\u00fancia fiscal, direcionamento regulat\u00f3rio ou tratamento favorecido devem estar sujeitas a padr\u00f5es compat\u00edveis de divulga\u00e7\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essa lacuna compromete diretamente a capacidade de monitoramento e avalia\u00e7\u00e3o da pol\u00edtica. Sem identifica\u00e7\u00e3o do mutu\u00e1rio e da propriedade benefici\u00e1ria, \u00e9 imposs\u00edvel verificar concentra\u00e7\u00e3o de benef\u00edcios por produtor, sobreposi\u00e7\u00e3o com \u00e1reas embargadas ou desmatadas, reincid\u00eancia de acesso ao cr\u00e9dito, cumprimento de condicionantes socioambientais e alinhamento \u00e0 TSB. Para as opera\u00e7\u00f5es sem dados complementares, ainda que os bancos reportem informa\u00e7\u00f5es \u00e0s autoridades reguladoras, esses dados n\u00e3o est\u00e3o dispon\u00edveis publicamente em n\u00edvel operacional, o que limita a pesquisa aplicada, o monitoramento independente e o controle social.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclus\u00e3o e Recomenda\u00e7\u00f5es de Pol\u00edticas P\u00fablicas<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">O cr\u00e9dito rural \u00e9 um dos pilares da pol\u00edtica agropecu\u00e1ria brasileira e tem papel relevante no financiamento da produ\u00e7\u00e3o. Mas, por mobilizar recursos da sociedade em escala elevada, o debate p\u00fablico n\u00e3o deve girar apenas em torno do volume anunciado a cada Plano Safra, nem se restringir aos gastos expl\u00edcitos com equaliza\u00e7\u00e3o de juros. Este estudo mostra que o custo do apoio p\u00fablico ao cr\u00e9dito rural \u00e9 substancialmente maior do que o usualmente divulgado: entre 2023 e 2025, os mecanismos analisados \u2014 equaliza\u00e7\u00e3o, benef\u00edcios fiscais, fontes p\u00fablicas de financiamento e renegocia\u00e7\u00f5es \u2014 somaram, em m\u00e9dia, R$ 59,7 bilh\u00f5es por ano, quase cinco vezes o valor associado \u00e0 equaliza\u00e7\u00e3o de juros. Ainda assim, esse montante subestima o custo total da pol\u00edtica, pois componentes relevantes permanecem fora das estimativas ou n\u00e3o podem ser rastreados adequadamente nas bases p\u00fablicas dispon\u00edveis. <strong>Tornar esses custos vis\u00edveis \u00e9 condi\u00e7\u00e3o b\u00e1sica para que a sociedade avalie tr\u00eas quest\u00f5es centrais de qualquer pol\u00edtica p\u00fablica: quem se beneficia, quem paga e quais resultados produtivos, sociais, ambientais e clim\u00e1ticos s\u00e3o efetivamente gerados<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Transpar\u00eancia de custos, abertura de dados e coer\u00eancia regulat\u00f3ria s\u00e3o dimens\u00f5es insepar\u00e1veis da mesma agenda. <strong>Se todas as opera\u00e7\u00f5es de cr\u00e9dito rural se beneficiam de algum tipo de apoio p\u00fablico \u2014 por subs\u00eddios expl\u00edcitos, ren\u00fancias fiscais, fontes p\u00fablicas, renegocia\u00e7\u00f5es ou tratamento regulat\u00f3rio favorecido \u2014, todas devem estar sujeitas a padr\u00f5es compat\u00edveis de divulga\u00e7\u00e3o, monitoramento e salvaguardas socioambientais.<\/strong> O Sicor deve permitir o acompanhamento integral das opera\u00e7\u00f5es, com informa\u00e7\u00f5es sobre localiza\u00e7\u00e3o, propriedade benefici\u00e1ria, situa\u00e7\u00e3o ambiental, v\u00ednculo com programas do Plano Safra e alinhamento \u00e0 TSB. Essas informa\u00e7\u00f5es s\u00e3o fundamentais para medir a efetividade da pol\u00edtica, identificar distor\u00e7\u00f5es, avaliar riscos socioambientais e distinguir cr\u00e9dito com elevado retorno p\u00fablico de cr\u00e9dito apenas favorecido por recursos da sociedade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O diagn\u00f3stico tamb\u00e9m mostra que <strong>o desenho atual do cr\u00e9dito rural ainda \u00e9 pouco focalizado. A maior parte dos recursos n\u00e3o est\u00e1 vinculada a programas identific\u00e1veis com objetivos sociais, ambientais ou clim\u00e1ticos, enquanto linhas voltadas \u00e0 transi\u00e7\u00e3o de baixo carbono, como o RenovAgro, permanecem residuais diante da escala do sistema.<\/strong> Isso reduz a adicionalidade do apoio p\u00fablico e enfraquece a capacidade do Plano Safra de induzir ganhos de produtividade, inclus\u00e3o produtiva, conserva\u00e7\u00e3o ambiental e redu\u00e7\u00e3o de emiss\u00f5es. O cr\u00e9dito rural precisa ser progressivamente reorientado para produtores de menor porte e grupos subatendidos, especialmente em regi\u00f5es com menor acesso ao cr\u00e9dito, e para opera\u00e7\u00f5es associadas a pr\u00e1ticas produtivas sustent\u00e1veis, com avalia\u00e7\u00f5es recorrentes de efetividade e regras capazes de premiar conformidade ambiental e maior retorno social.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A mesma l\u00f3gica deve orientar os Fundos Constitucionais, opera\u00e7\u00f5es com recursos livres e os instrumentos de renegocia\u00e7\u00e3o. Assimetrias entre fontes, bases de dados incompletas e exig\u00eancias socioambientais desiguais criam brechas regulat\u00f3rias e dificultam a responsabiliza\u00e7\u00e3o pelo uso dos recursos. Opera\u00e7\u00f5es financiadas com recursos livres n\u00e3o devem receber tratamento mais permissivo quando tamb\u00e9m se beneficiam de incentivos p\u00fablicos. Da mesma forma, renegocia\u00e7\u00f5es e medidas excepcionais devem ser registradas com clareza, inclusive quanto \u00e0 origem, causa, p\u00fablico beneficiado, volume renegociado e custo fiscal ou financeiro, para evitar que transfer\u00eancias relevantes continuem invis\u00edveis no debate p\u00fablico.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Essa agenda de transpar\u00eancia, focaliza\u00e7\u00e3o e coer\u00eancia regulat\u00f3ria busca aumentar a contribui\u00e7\u00e3o do cr\u00e9dito rural ao desenvolvimento econ\u00f4mico de longo prazo. Uma pol\u00edtica dessa magnitude precisa ser julgada pela rela\u00e7\u00e3o entre custo social, destino dos recursos e resultados obtidos.<\/strong> Explicitar os custos do cr\u00e9dito rural para a sociedade \u00e9 o primeiro passo para que a sociedade possa avaliar se os recursos mobilizados pelo cr\u00e9dito rural est\u00e3o gerando adicionalidade produtiva, inclus\u00e3o, conserva\u00e7\u00e3o ambiental e redu\u00e7\u00e3o de riscos clim\u00e1ticos compat\u00edveis com seu custo. Com dados completos, custos mensur\u00e1veis e crit\u00e9rios uniformes, o Plano Safra pode deixar de operar como um conjunto de incentivos pouco transparentes e avan\u00e7ar como uma pol\u00edtica p\u00fablica mais eficiente, focalizada e alinhada \u00e0 produ\u00e7\u00e3o agropecu\u00e1ria sustent\u00e1vel.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ap\u00eandice: Bases de Dados e Fontes de Informa\u00e7\u00e3o<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Sistema de Opera\u00e7\u00f5es do Cr\u00e9dito Rural e do Proagro (Sicor)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">O Sicor \u00e9 uma base de dados gerenciada pelo Banco Central do Brasil (BCB) que disponibiliza todas as opera\u00e7\u00f5es de cr\u00e9dito rural por n\u00edvel de opera\u00e7\u00e3o desde 2013. Diversas informa\u00e7\u00f5es podem ser extra\u00eddas da base de dados, como o valor da parcela do cr\u00e9dito, o banco que realizou a opera\u00e7\u00e3o, a linha de cr\u00e9dito contratada, o estado em que foi contra\u00eddo o empr\u00e9stimo, a fonte que financiou o cr\u00e9dito, dentre outras.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para este trabalho, utilizou-se o Sicor para demonstrar o quanto do cr\u00e9dito rural \u00e9 alocado \u00e0s linhas de maior interesse p\u00fablico com atendimento a pequenos e m\u00e9dios produtores al\u00e9m de incentivos a pr\u00e1ticas sustent\u00e1veis.<a href=\"#_ftn31\" id=\"_ftnref31\"><sup>[31]<\/sup><\/a> Al\u00e9m disso, a base foi utilizada para ilustrar a falta de informa\u00e7\u00f5es essenciais como a aus\u00eancia de campos de interesse p\u00fablico, a exemplo da \u00e1rea da propriedade e do munic\u00edpio da opera\u00e7\u00e3o. Por fim, outra an\u00e1lise empreendida foi o quanto as linhas do Plano Safra representam em rela\u00e7\u00e3o ao valor total do cr\u00e9dito rural. Essa base n\u00e3o foi utilizada em parte dos c\u00e1lculos porque h\u00e1 parcelas relevantes de cr\u00e9dito contratado antes de 2013 que ainda est\u00e3o em pagamento, o que poderia subestimar as estimativas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Sistema Gerenciador de S\u00e9ries Temporais (SGS)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">O SGS \u00e9 uma base do BCB que cont\u00e9m diversas s\u00e9ries temporais de indicadores econ\u00f4micos, sejam setoriais, nacionais ou internacionais. A periodicidade das s\u00e9ries pode variar, podendo ser tanto mensal quanto anual. Diversas s\u00e9ries foram utilizadas por esse banco, quais sejam:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Taxa de Juros \u2013 CDI acumulada no m\u00eas: utilizada para estimar o valor do CDI no c\u00e1lculo de quanto as LCAs teriam de arrecada\u00e7\u00e3o, caso fossem taxadas como um CDB;<\/li>\n\n\n\n<li>Saldo da carteira de cr\u00e9dito com recursos direcionados &#8211; Pessoas jur\u00eddicas &#8211; Cr\u00e9dito rural total: utilizado para o c\u00e1lculo do direcionamento e do quanto seria arrecadado de IOF, caso o cr\u00e9dito rural n\u00e3o tivesse al\u00edquota zero;<\/li>\n\n\n\n<li>Saldo da carteira de cr\u00e9dito com recursos direcionados &#8211; Pessoas f\u00edsicas &#8211; Cr\u00e9dito rural total: Utilizado para o c\u00e1lculo do direcionamento e do quanto seria arrecadado de IOF, caso o cr\u00e9dito rural n\u00e3o tivesse al\u00edquota zero;<\/li>\n\n\n\n<li>Saldo da carteira de cr\u00e9dito com recursos direcionados \u2013 Total: Utilizado para o c\u00e1lculo do direcionamento;<\/li>\n\n\n\n<li>Saldo da carteira de cr\u00e9dito com recursos livres \u2013 Total: Utilizado para o c\u00e1lculo do direcionamento;<\/li>\n\n\n\n<li>Taxa m\u00e9dia mensal de juros das opera\u00e7\u00f5es de cr\u00e9dito com recursos livres \u2013 Total: Utilizada para o c\u00e1lculo do direcionamento; e<\/li>\n\n\n\n<li>Taxa m\u00e9dia mensal de juros das opera\u00e7\u00f5es de cr\u00e9dito \u2013 Total: Utilizada para o c\u00e1lculo do direcionamento.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Sistema Integrado de Planejamento e Or\u00e7amento (SIOP)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">O SIOP \u00e9 uma base do Tesouro Nacional que cont\u00e9m o montante transferido de todas as a\u00e7\u00f5es or\u00e7ament\u00e1rias. Utilizamos essa base para calcular estimativas como equaliza\u00e7\u00e3o, fontes p\u00fablicas e renegocia\u00e7\u00e3o. As a\u00e7\u00f5es or\u00e7ament\u00e1rias foram as seguintes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>0281<\/strong>: Subven\u00e7\u00e3o Econ\u00f4mica em Opera\u00e7\u00f5es no \u00e2mbito do Pronaf&nbsp;(Lei n\u00ba 8.427, de 1992);<\/li>\n\n\n\n<li><strong>0294<\/strong>: Subven\u00e7\u00e3o Econ\u00f4mica nas&nbsp;Opera\u00e7\u00f5es de Custeio&nbsp;Agropecu\u00e1rio (Lei n\u00ba 8.427, de 1992);<\/li>\n\n\n\n<li><strong>0298<\/strong>: Subven\u00e7\u00e3o Econ\u00f4mica em Opera\u00e7\u00f5es de&nbsp;Comercializa\u00e7\u00e3o&nbsp;de Produtos Agropecu\u00e1rios (Lei&nbsp;n\u00ba 8.427, de 1992);<\/li>\n\n\n\n<li><strong>0301<\/strong>: Subven\u00e7\u00e3o Econ\u00f4mica em&nbsp;Opera\u00e7\u00f5es de Investimento&nbsp;Rural e Agroindustrial (Lei n\u00ba 8.427,&nbsp;de 1992);<\/li>\n\n\n\n<li><strong>0A81<\/strong>: Financiamento de Opera\u00e7\u00f5es no \u00e2mbito do Pronaf (Lei n\u00ba 10.186, de 2001);<\/li>\n\n\n\n<li><strong>00P4<\/strong>: Subven\u00e7\u00e3o Econ\u00f4mica nas Opera\u00e7\u00f5es de Cr\u00e9dito Rural para empreendimentos localizados em \u00e1reas de abrang\u00eancia da Sudene ou da Sudam ou para atendimento de Decis\u00e3o Judicial (Leis n\u00ba 12.844\/2013 e n\u00ba 13.340\/2016); e<\/li>\n\n\n\n<li><strong>0611<\/strong>: Subven\u00e7\u00e3o Econ\u00f4mica para Opera\u00e7\u00f5es decorrentes do&nbsp;Alongamento de D\u00edvidas&nbsp;Origin\u00e1rias de Cr\u00e9dito Rural (Leis n\u00ba 9.138, de 1995 e n\u00ba 10.437, de 2002).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>S\u00e9ries Hist\u00f3ricas \u2013 Estat\u00edsticas da CETIP<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As S\u00e9ries Hist\u00f3ricas das Estat\u00edsticas da Central de Cust\u00f3dia e de Liquida\u00e7\u00e3o Financeira de T\u00edtulos Privados (CETIP), hoje integrada \u00e0 B3, re\u00fanem estoques, taxas e volumes de negocia\u00e7\u00e3o dos principais t\u00edtulos privados de renda fixa do mercado brasileiro \u2014 LCI, LCA, CRA, CRI, CDB, entre outros. Para este trabalho, utilizou-se a s\u00e9rie de estoque das LCAs (2023\u20132024) para estimar o montante que a Uni\u00e3o deixa de arrecadar ao isentar de IRPF os rendimentos das LCAs destinadas ao cr\u00e9dito rural. Para 2025, o estoque mensal foi obtido do Boletim de Finan\u00e7as Privadas do Agro (Mapa), que compila os dados da B3\/CETIP.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Manual do Cr\u00e9dito Rural (MCR)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">O MCR \u00e9 um manual que cont\u00e9m todas as normas estabelecidas por resolu\u00e7\u00f5es CMNs relacionadas ao cr\u00e9dito rural. Para este relat\u00f3rio, foi utilizada a norma que estabelece o percentual m\u00ednimo que as institui\u00e7\u00f5es financeiras devem direcionar as LCAs ao cr\u00e9dito rural para calcular o montante que a Uni\u00e3o deixa de arrecadar ao n\u00e3o cobrar IRPF das LCAs destinadas ao cr\u00e9dito rural.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Relat\u00f3rios de Gest\u00e3o dos Fundos de Fontes P\u00fablicas (Fundos Constitucionais e FAT)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Os relat\u00f3rios de gest\u00e3o dos fundos s\u00e3o relat\u00f3rios em que cada um dos Fundos Constitucionais e o FAT reportam como o or\u00e7amento \u00e9 distribu\u00eddo. Para este relat\u00f3rio, as propor\u00e7\u00f5es do or\u00e7amento destinadas ao cr\u00e9dito rural de cada um dos fundos estabelecidas pelos seus respectivos relat\u00f3rios foram utilizadas para calcular a transfer\u00eancia da Uni\u00e3o referente ao cr\u00e9dito rural para cada um desses fundos.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Boletim do Cr\u00e9dito Rural e do Proagro<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Boletim do BCB que mensalmente exp\u00f5e os saldos e juros m\u00e9dios do cr\u00e9dito rural discriminados por programa. Para este trabalho, o m\u00eas de dezembro de 2025 foi utilizado para elaborar gr\u00e1ficos com informa\u00e7\u00f5es dos juros e saldos dos programas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Constru\u00e7\u00e3o das S\u00e9ries de Saldo Total de Cr\u00e9dito Rural por Tipo de Tomador (2023\u20132025)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A s\u00e9rie de saldo total de cr\u00e9dito rural foi decomposta, para cada ano e cada tipo de tomador (PF e PJ), em dois componentes \u2014 direcionado e livre \u2014 somados ao final:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">saldo total PF = saldo direcionado PF + saldo livre PF (estimado)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">saldo total PJ = saldo direcionado PJ + saldo livre PJ (estimado)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O componente direcionado foi obtido diretamente das s\u00e9ries do SGS\/BCB: s\u00e9rie 20609 (cr\u00e9dito rural direcionado \u2014 pessoa f\u00edsica) e s\u00e9rie 20597 (cr\u00e9dito rural direcionado \u2014 pessoa jur\u00eddica), com refer\u00eancia em dezembro de cada ano.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O SGS n\u00e3o publica s\u00e9rie de cr\u00e9dito rural livre desagregada por tipo de tomador. O valor foi estimado a partir dos fluxos de concess\u00e3o da MDCR por fonte de recursos n\u00e3o inclu\u00eddas nas s\u00e9ries de cr\u00e9dito rural direcionando no SGS \u2014 Poupan\u00e7a Rural livre, Recursos Livres, BNDES livre e Capta\u00e7\u00e3o Externa \u2014, convertidos em estoques por um modelo de acumula\u00e7\u00e3o ponderado pela dura\u00e7\u00e3o m\u00e9dia dos contratos usando os anos de 2013 a 2025. Os estoques estimados foram calibrados contra a identidade cont\u00e1bil:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">cr\u00e9dito livre = cr\u00e9dito rural total (Boletim) \u2212 direcionado PF (SGS 20609) \u2212 direcionado PJ (SGS 20597)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A subdivis\u00e3o do cr\u00e9dito livre entre PF e PJ foi feita somando as estimativas de cada tipo de tomador provenientes das quatro fontes n\u00e3o inclu\u00eddas nas s\u00e9ries de cr\u00e9dito rural direcionado no SGS.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Este trabalho \u00e9 financiado por Gordon and Betty Moore Foundation e Norway\u2019s International Climate and Forest Initiative (NICFI). Nossos parceiros e financiadores n\u00e3o necessariamente compartilham das posi\u00e7\u00f5es expressas nesta publica\u00e7\u00e3o.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Os autores gostariam de agradecer a equipe do Banco Central pela parceria e valiosos coment\u00e1rios e sugest\u00f5es. Tamb\u00e9m gostar\u00edamos de agradecer a Natalie Hoover e Camila Calado pela edi\u00e7\u00e3o e revis\u00e3o do texto, e a Meyrele Nascimento pelo trabalho de formata\u00e7\u00e3o e design gr\u00e1fico.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref1\" id=\"_ftn1\">[1]<\/a> Dos R$ 89 bilh\u00f5es destinados \u00e0 agricultura familiar, R$ 78,2 bilh\u00f5es foram destinados ao cr\u00e9dito rural.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref2\" id=\"_ftn2\">[2]<\/a> Todos os valores monet\u00e1rios est\u00e3o ajustados a pre\u00e7os de dezembro de 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref3\" id=\"_ftn3\">[3]<\/a> Todas as bases de dados s\u00e3o explicadas no Ap\u00eandice deste relat\u00f3rio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref4\" id=\"_ftn4\">[4]<\/a> Todos os valores monet\u00e1rios est\u00e3o ajustados a pre\u00e7os de dezembro de 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref5\" id=\"_ftn5\">[5]<\/a> Esse percentual foi obtido a partir da divis\u00e3o do volume de cr\u00e9dito rural registrado no Sicor em 2025 pelo valor da VPB da agropecu\u00e1ria no mesmo ano. Para saber mais: Mapa. <em>Valor Bruto da Produ\u00e7\u00e3o do agro alcan\u00e7ou R$ 1,41 trilh\u00e3o em janeiro<\/em>. 2026. Data de acesso: 05 de junho de 2026. <a href=\"http:\/\/bit.ly\/4pbyUW5\"><u>bit.ly\/4pbyUW5<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref6\" id=\"_ftn6\">[6]<\/a> Decreto n\u00ba 6.306, de 14 de dezembro de 2007 &#8211; Regulamenta o Imposto sobre Opera\u00e7\u00f5es de Cr\u00e9dito, C\u00e2mbio e Seguro, ou relativas a T\u00edtulos ou Valores Mobili\u00e1rios &#8211; IOF. <a href=\"http:\/\/bit.ly\/3KAIId6\"><u>bit.ly\/3KAIId6<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref7\" id=\"_ftn7\">[7]<\/a> Resolu\u00e7\u00e3o CMN n\u00ba 5.087, de 29 de junho de 2023 &#8211; Revoga o disposto no MCR 6-2-4, altera os percentuais atuais de exigibilidade de direcionamento dos Recursos Obrigat\u00f3rios e da Poupan\u00e7a Rural, aplic\u00e1veis a partir de 3 de julho de 2023, estabelece exigibilidade adicional de aplica\u00e7\u00e3o em cr\u00e9dito rural sobre os recursos \u00e0 vista para o per\u00edodo de cumprimento de 3 de julho de 2023 a 30 de junho de 2024, altera os subdirecionamentos dos Recursos Obrigat\u00f3rios destinados \u00e0 contrata\u00e7\u00e3o de opera\u00e7\u00f5es no \u00e2mbito do Programa Nacional de Fortalecimento da Agricultura Familiar (Pronaf) e do Pronamp, ajusta os fatores de pondera\u00e7\u00e3o incidentes sobre as opera\u00e7\u00f5es de custeio ao amparo do Pronaf, altera o percentual de direcionamento das Letras de Cr\u00e9dito do Agroneg\u00f3cio (LCA) e sua forma de cumprimento, permite a aplica\u00e7\u00e3o de recursos captados por emiss\u00e3o das LCA (MCR 6-7) em opera\u00e7\u00f5es sujeitas \u00e0 subven\u00e7\u00e3o econ\u00f4mica da Uni\u00e3o, sob a forma de equaliza\u00e7\u00e3o de encargos financeiros, e prorroga, para o ano agr\u00edcola 2023\/2024, a faculdade de as institui\u00e7\u00f5es financeiras realizarem financiamentos no \u00e2mbito do Programa ABC, que passa a se denominar RenovAgro, e no \u00e2mbito do Programa para Constru\u00e7\u00e3o e Amplia\u00e7\u00e3o de Armaz\u00e9ns (PCA). <a href=\"http:\/\/bit.ly\/4owuw2W\"><u>bit.ly\/4owuw2W<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref8\" id=\"_ftn8\">[8]<\/a> Para a safra 2022-2023, o MCR estabelecia uma aloca\u00e7\u00e3o obrigat\u00f3ria de 35,0%; para as safras 2023-2024 e 2024-2025 estabelecia uma al\u00edquota de 50%; e em 2025-2026 esse valor chegou a 60%. Para saber mais: Resolu\u00e7\u00e3o CMN n\u00ba 4.901, de 25 de mar\u00e7o de 2021 &#8211; Disp\u00f5e sobre a consolida\u00e7\u00e3o dos dispositivos atualmente inseridos no Cap\u00edtulo 6 do Manual de Cr\u00e9dito Rural (MCR), acerca dos recursos do cr\u00e9dito rural. <a href=\"http:\/\/bit.ly\/4os0WeA\"><u>bit.ly\/4os0WeA<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref9\" id=\"_ftn9\">[9]<\/a> Atualmente, a aloca\u00e7\u00e3o obrigat\u00f3ria \u00e9 de 60,0%, conforme a Resolu\u00e7\u00e3o CMN n\u00ba 5.216, de 22 de maio de 2025. No c\u00e1lculo da ren\u00fancia fiscal, adotaram-se os percentuais m\u00ednimos regulat\u00f3rios vigentes em cada per\u00edodo: 35,0% at\u00e9 junho de 2023, 50,0% de julho de 2023 a junho de 2025 e 60,0% a partir de julho de 2025. Para saber mais: Resolu\u00e7\u00e3o CMN n\u00ba 5.216, de 22 de maio de 2025 &#8211; Altera o percentual da exigibilidade e das subexigibilidades dos recursos obrigat\u00f3rios (MCR 6-2), estende \u00e0s cooperativas de cr\u00e9dito a exigibilidade do MCR 6-2, altera o percentual da exigibilidade dos recursos da poupan\u00e7a rural (MCR 6-4) e dos recursos captados por meio da emiss\u00e3o de Letra de Cr\u00e9dito do Agroneg\u00f3cio (MCR 6-7) e ajusta outros dispositivos do MCR 6-7. <a href=\"http:\/\/bit.ly\/3MaKy4Z\"><u>bit.ly\/3MaKy4Z<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref10\" id=\"_ftn10\">[10]<\/a> Pereira, Leila e Priscila Souza. <em>Prioridades Que N\u00e3o Priorizam: Descompasso entre Objetivos e Aplica\u00e7\u00e3o de Recursos dos Fundos Constitucionais levam \u00e0 Concentra\u00e7\u00e3o do Cr\u00e9dito no Setor Rural<\/em>. Rio de Janeiro: Climate Policy Initiative, 2022. <a href=\"http:\/\/bit.ly\/Fundos-Constitucionais\"><u>bit.ly\/Fundos-Constitucionais<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref11\" id=\"_ftn11\">[11]<\/a> Decreto n\u00ba 6.306, de 14 de dezembro de 2007 &#8211; Regulamenta o Imposto sobre Opera\u00e7\u00f5es de Cr\u00e9dito, C\u00e2mbio e Seguro, ou relativas a T\u00edtulos ou Valores Mobili\u00e1rios &#8211; IOF. <a href=\"http:\/\/bit.ly\/3KAIId6\"><u>bit.ly\/3KAIId6<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref12\" id=\"_ftn12\">[12]<\/a> Existem dois tipos de cobran\u00e7a do IOF: (i) a al\u00edquota principal tem seu valor m\u00e1ximo de 1,25% di\u00e1rios, por\u00e9m foi utilizada em seu valor reduzido, porque, conforme o decreto, caso o cr\u00e9dito rural n\u00e3o tivesse o benef\u00edcio fiscal, seriam cobradas sobre suas opera\u00e7\u00f5es os valores das al\u00edquotas reduzidas; (ii) a al\u00edquota adicional \u00e9 um valor de 0,38% que incide uma vez sobre o valor total da opera\u00e7\u00e3o. Essa al\u00edquota \u00e9 cobrada para todo o cr\u00e9dito, inclusive o rural e, portanto, n\u00e3o ser\u00e1 considerada no c\u00e1lculo deste relat\u00f3rio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref13\" id=\"_ftn13\">[13]<\/a> No caso espec\u00edfico de opera\u00e7\u00f5es de comercializa\u00e7\u00e3o na modalidade de desconto de nota promiss\u00f3ria rural ou duplicata rural, a al\u00edquota zero s\u00f3 se aplica quando o t\u00edtulo decorre de venda de produ\u00e7\u00e3o pr\u00f3pria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref14\" id=\"_ftn14\"><sup>[14]<\/sup><\/a> A lei atual tem a cobran\u00e7a de 0,0082% tanto para pessoa f\u00edsica quanto para pessoa jur\u00eddica. No entanto, a cobran\u00e7a foi de 0,0041% para PJ durante a maior parte do per\u00edodo analisado (de janeiro de 2023 a 22 de maio de 2025). O Decreto n\u00ba 12.466\/2025, publicado em 22\/05, com vig\u00eancia a partir de 23\/05 mudou a al\u00edquota di\u00e1ria para PJ. A mudan\u00e7a foi objeto de disputa judicial relevante (Decreto Legislativo n\u00ba 176\/2025 do Congresso sustando os efeitos; STF, ADC n\u00ba 96, restabelecendo-os em julho\/2025 de forma retroativa, com exce\u00e7\u00e3o das opera\u00e7\u00f5es de risco sacado).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref15\" id=\"_ftn15\"><sup>[15]<\/sup><\/a> BCB. <em>Sistema Gerenciador de S\u00e9ries Temporais (SGS): 20609 Nome da s\u00e9rie: Saldo da carteira de cr\u00e9dito com recursos direcionados &#8211; Pessoas f\u00edsicas &#8211; Cr\u00e9dito rural total<\/em>. sd. Data de acesso: 05 de junho de 2026. <a href=\"https:\/\/bit.ly\/4rCY95q\"><u>bit.ly\/4rCY95q<\/u><\/a>.<br>Os saldos de cr\u00e9dito rural livres para pessoas f\u00edsicas e jur\u00eddicas foram estimados a partir do Boletim do Cr\u00e9dito Rural do BCB e do Sicor, uma vez que esse componente n\u00e3o disp\u00f5e de s\u00e9rie mensal publicada. O saldo mensal de cr\u00e9dito rural foi calculado com base no saldo <strong>total<\/strong> (direcionado + livre estimado) de PF e PJ. O Ap\u00eandice desse trabalho descreve a metodologia de c\u00e1lculo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref16\" id=\"_ftn16\"><sup>[16]<\/sup><\/a> BCB. <em>Sistema Gerenciador de S\u00e9ries Temporais (SGS): 20597 Nome da s\u00e9rie: Saldo da carteira de cr\u00e9dito com recursos direcionados &#8211; Pessoas jur\u00eddicas &#8211; Cr\u00e9dito rural total.<\/em> sd. Data de acesso: 05 de junho de 2026. <a href=\"https:\/\/bit.ly\/4rCY95q\"><u>bit.ly\/4rCY95q<\/u><\/a>.<br>Os saldos de cr\u00e9dito rural livres para pessoas f\u00edsicas e jur\u00eddicas foram estimados a partir do Boletim do Cr\u00e9dito Rural do BCB e do Sicor, uma vez que esse componente n\u00e3o disp\u00f5e de s\u00e9rie mensal publicada. O saldo mensal de cr\u00e9dito rural foi calculado com base no saldo <strong>total<\/strong> (direcionado + livre estimado) de PF e PJ. O Ap\u00eandice descreve a metodologia de c\u00e1lculo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref17\" id=\"_ftn17\"><sup>[17]<\/sup><\/a> Consoante a Lei n\u00ba 11.033, de 21 de dezembro de 2004, art. 3\u00ba, inciso IV, fica isenta do imposto de renda, na fonte e na declara\u00e7\u00e3o de ajuste anual das pessoas f\u00edsicas, a remunera\u00e7\u00e3o produzida por Letras de Cr\u00e9dito do Agroneg\u00f3cio (LCAs). Para saber mais: Lei n\u00ba 11.033, de 21 de dezembro de 2004 &#8211; Altera a tributa\u00e7\u00e3o do mercado financeiro e de capitais; institui o Regime Tribut\u00e1rio para Incentivo \u00e0 Moderniza\u00e7\u00e3o e \u00e0 Amplia\u00e7\u00e3o da Estrutura Portu\u00e1ria \u2013 REPORTO; altera as Leis n\u00bas 10.865, de 30 de abril de 2004, 8.850, de 28 de janeiro de 1994, 8.383, de 30 de dezembro de 1991, 10.522, de 19 de julho de 2002, 9.430, de 27 de dezembro de 1996, e 10.925, de 23 de julho de 2004; e d\u00e1 outras provid\u00eancias. <a href=\"http:\/\/bit.ly\/4oLfcRz\"><u>bit.ly\/4oLfcRz<\/u><\/a>.<br>Ver tamb\u00e9m: B3. <em>Letras de Cr\u00e9dito do Agroneg\u00f3cio<\/em>. sd. Data de acesso: 19 de junho de 2026. <a href=\"http:\/\/bit.ly\/4xOwlhh\"><u>bit.ly\/4xOwlhh<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref18\" id=\"_ftn18\"><sup>[18]<\/sup><\/a> Para a safra 2022\u20132023, o MCR estabelecia percentual m\u00ednimo de aloca\u00e7\u00e3o de 35,0% dos recursos captados por LCAs ao cr\u00e9dito rural. A Resolu\u00e7\u00e3o CMN n\u00ba 5.087, de 29 de junho de 2023, elevou esse percentual para 50,0% a partir da safra 2023\u20132024. A Resolu\u00e7\u00e3o CMN n\u00ba 5.216, de 22 de maio de 2025, elevou o percentual para 60,0% a partir da safra 2025\u20132026. No c\u00e1lculo da ren\u00fancia fiscal, adotaram-se os percentuais m\u00ednimos regulat\u00f3rios vigentes em cada per\u00edodo: 35,0% at\u00e9 junho de 2023, 50,0% de julho de 2023 a junho de 2025 e 60,0% a partir de julho de 2025. Para saber mais: Resolu\u00e7\u00e3o CMN n\u00ba 5.087, de 29 de junho de 2023. <a href=\"http:\/\/bit.ly\/48S2NnB\"><u>bit.ly\/48S2NnB<\/u><\/a>; Resolu\u00e7\u00e3o CMN n\u00ba 5.216, de 22 de maio de 2025. <a href=\"http:\/\/bit.ly\/3MaKy4Z\"><u>bit.ly\/3MaKy4Z<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref19\" id=\"_ftn19\"><sup>[19]<\/sup><\/a> Por limita\u00e7\u00f5es de dados, n\u00e3o foi poss\u00edvel obter informa\u00e7\u00f5es sobre as datas de emiss\u00e3o e vencimento das LCAs, o que inviabilizou a aplica\u00e7\u00e3o de al\u00edquotas do IRPF por prazo de investimento e o c\u00e1lculo de al\u00edquotas por tempo de contrato (como ocorre em t\u00edtulos tributados, a exemplo do CDB: 22,5% at\u00e9 180 dias; 20,0% entre 181 e 360 dias; 17,5% entre 361 e 720 dias; e 15,0% acima de 720 dias). Assim, adotou-se neste trabalho a al\u00edquota m\u00ednima (15,0%), o que torna a estimativa conservadora. Para saber mais: Instru\u00e7\u00e3o Normativa RFB n\u00ba 1585, de 31 de agosto de 2015 &#8211; Disp\u00f5e sobre o imposto sobre a renda incidente sobre os rendimentos e ganhos l\u00edquidos auferidos nos mercados financeiro e de capitais. <a href=\"http:\/\/bit.ly\/4tc07cG\"><u>bit.ly\/4tc07cG<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref20\" id=\"_ftn20\"><sup>[20]<\/sup><\/a> Lei n\u00ba 11.033, de 21 de dezembro de 2004 &#8211; Altera a tributa\u00e7\u00e3o do mercado financeiro e de capitais; institui o Regime Tribut\u00e1rio para Incentivo \u00e0 Moderniza\u00e7\u00e3o e \u00e0 Amplia\u00e7\u00e3o da Estrutura Portu\u00e1ria \u2013 REPORTO; altera as Leis n\u00bas 10.865, de 30 de abril de 2004, 8.850, de 28 de janeiro de 1994, 8.383, de 30 de dezembro de 1991, 10.522, de 19 de julho de 2002, 9.430, de 27 de dezembro de 1996, e 10.925, de 23 de julho de 2004 e d\u00e1 outras provid\u00eancias. <a href=\"https:\/\/bit.ly\/4p7tTxI\"><u>bit.ly\/4p7tTxI<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref21\" id=\"_ftn21\"><sup>[21]<\/sup><\/a> O estoque mensal de LCAs para 2023-2024 foi obtido da s\u00e9rie do BCB; para 2025, da s\u00e9rie do Boletim de Finan\u00e7as Privadas do Agro (Mapa\/B3). O CDI mensal corresponde \u00e0 s\u00e9rie 4391 do BCB. Para saber mais: B3. <em>Boletim di\u00e1rio do mercado. Estat\u00edsticas da CETIP (Central de Cust\u00f3dia e de Liquida\u00e7\u00e3o Financeira de T\u00edtulos Privados) \u2013 Dados por ativo &#8211; Ativo: LCA &#8211; Letra de Cr\u00e9dito do Agroneg\u00f3cio \u2013 Informa\u00e7\u00f5es: Estoque<\/em>. 2025. Data de acesso: 10 de dezembro de 25. <a href=\"http:\/\/bit.ly\/3YhRksm\"><u>bit.ly\/3YhRksm<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref22\" id=\"_ftn22\"><sup>[22]<\/sup><\/a> BCB. <em>Sistema Gerenciador de S\u00e9ries Temporais (SGS): 4391 &#8211; Nome da s\u00e9rie: Taxa de Juros \u2013 CDI acumulada no m\u00eas<\/em>. 2025. Data de acesso: 10 de dezembro de 2025. <a href=\"http:\/\/bit.ly\/4rCY95q\"><u>bit.ly\/4rCY95q<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref23\" id=\"_ftn23\"><sup>[23]<\/sup><\/a> Lei n\u00ba 7.827, de 27 de setembro de 1989 &#8211; Regulamenta o art. 159, inciso I, al\u00ednea c, da Constitui\u00e7\u00e3o Federal, institui o Fundo Constitucional de Financiamento do Norte &#8211; FNO, o Fundo Constitucional de Financiamento do Nordeste &#8211; FNE e o Fundo Constitucional de Financiamento do Centro-Oeste &#8211; FCO, e d\u00e1 outras provid\u00eancias. <a href=\"http:\/\/bit.ly\/4rzwHFp\"><u>bit.ly\/4rzwHFp<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref24\" id=\"_ftn24\"><sup>[24]<\/sup><\/a> Os fundos constitucionais possuem outras formas de financiamento, como juros, amortiza\u00e7\u00f5es e doa\u00e7\u00f5es. Contudo, como este estudo pretende entender quais benef\u00edcios concedidos pelo poder p\u00fablico geram algum gasto para a sociedade, s\u00f3 foram considerados os repasses do setor p\u00fablico para tais fundos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref25\" id=\"_ftn25\"><sup>[25]<\/sup><\/a> Lei n\u00ba 10.186, de 12 de fevereiro de 2001 &#8211; Disp\u00f5e sobre a realiza\u00e7\u00e3o de contratos de financiamento do Programa de Fortalecimento da Agricultura Familiar &#8211; PRONAF, e de projetos de estrutura\u00e7\u00e3o dos assentados e colonos nos programas oficiais de assentamento, coloniza\u00e7\u00e3o e reforma agr\u00e1ria, aprovados pelo Instituto Nacional de Coloniza\u00e7\u00e3o e Reforma Agr\u00e1ria &#8211; INCRA, bem como dos benefici\u00e1rios do Fundo de Terras e da Reforma Agr\u00e1ria &#8211; Banco da Terra, com risco para o Tesouro Nacional ou para os Fundos Constitucionais das Regi\u00f5es Norte, Nordeste e Centro-Oeste, e d\u00e1 outras provid\u00eancias. <a href=\"http:\/\/bit.ly\/4pK1AFB\"><u>bit.ly\/4pK1AFB<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref26\" id=\"_ftn26\"><sup>[26]<\/sup><\/a> Pereira, Leila e Priscila Souza. <em>Prioridades Que N\u00e3o Priorizam: Descompasso Entre Objetivos e Aplica\u00e7\u00e3o de Recursos dos Fundos Constitucionais Levam \u00e0 Concentra\u00e7\u00e3o do Cr\u00e9dito no Setor Rural<\/em>. Rio de Janeiro: Climate Policy Initiative, 2022.<a href=\"http:\/\/bit.ly\/Fundos-Constitucionais\"><u>bit.ly\/Fundos-Constitucionais<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref27\" id=\"_ftn27\"><sup>[27]<\/sup><\/a> Lei n\u00ba 12.844, de 19 de julho de 2013 &#8211; Amplia o valor do Benef\u00edcio Garantia-Safra para a safra de 2011\u20132012; amplia o Aux\u00edlio Emergencial Financeiro, de que trata a Lei n\u00ba 10.954, de 29 de setembro de 2004, relativo aos desastres ocorridos em 2012; autoriza a distribui\u00e7\u00e3o de milho para venda a pequenos criadores, nos termos que especifica; institui medidas de est\u00edmulo \u00e0 liquida\u00e7\u00e3o ou regulariza\u00e7\u00e3o de d\u00edvidas origin\u00e1rias de opera\u00e7\u00f5es de cr\u00e9dito rural; altera as Leis n\u00bas 10.865, de 30 de abril de 2004, e 12.546, de 14 de dezembro de 2011, para prorrogar o Regime Especial de Reintegra\u00e7\u00e3o de Valores Tribut\u00e1rios para as Empresas Exportadoras &#8211; REINTEGRA e para alterar o regime de desonera\u00e7\u00e3o da folha de pagamentos, 11.774, de 17 de setembro de 2008, 10.931, de 2 de agosto de 2004, 12.431, de 24 de junho de 2011, 12.249, de 11 de junho de 2010, 9.430, de 27 de dezembro de 1996, 10.522, de 19 de julho de 2002, 8.218, de 29 de agosto de 1991, 10.833, de 29 de dezembro de 2003, 9.393, de 19 de dezembro de 1996, 12.783, de 11 de janeiro de 2013, 12.715, de 17 de setembro de 2012, 11.727, de 23 de junho de 2008, 12.468, de 26 de agosto de 2011, 10.150, de 21 de dezembro de 2000,&nbsp;12.512, de 14 de outubro de 2011,&nbsp;9.718, de 27 de novembro de 1998,&nbsp;10.925, de 23 de julho de 2004, 11.775, de 17 de setembro de 2008, e 12.716, de 21 de setembro de 2012,&nbsp;a Medida Provis\u00f3ria n\u00ba 2.158-35, de 24 de agosto de 2001, e o Decreto n\u00ba 70.235, de 6 de mar\u00e7o de 1972; disp\u00f5e sobre a comprova\u00e7\u00e3o de regularidade fiscal pelo contribuinte; regula a compra, venda e transporte de ouro; e d\u00e1 outras provid\u00eancias. <a href=\"http:\/\/bit.ly\/4ivyqaG\"><u>bit.ly\/4ivyqaG<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref28\" id=\"_ftn28\">[28]<\/a> Lei n\u00ba 13.340, de 28 de setembro de 2016 &#8211; Autoriza a liquida\u00e7\u00e3o e a renegocia\u00e7\u00e3o de d\u00edvidas de cr\u00e9dito rural; altera a Lei n\u00ba 10.177, de 12 de janeiro de 2001; e d\u00e1 outras provid\u00eancias. <a href=\"http:\/\/bit.ly\/4oxebem\"><u>bit.ly\/4oxebem<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref29\" id=\"_ftn29\">[29]<\/a> Informa\u00e7\u00f5es sobre a base legal encontradas no SIOP. Para saber mais: MPO. <em>Sistema Integrado de Planejamento e Or\u00e7amento (SIOP)<\/em>. 2025. Data de acesso: 02 de dezembro de 2025. <a href=\"http:\/\/bit.ly\/4aaRoRT\"><u>bit.ly\/4aaRoRT<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref30\" id=\"_ftn30\">[30]<\/a> Resolu\u00e7\u00e3o CMN n\u00ba 5.220, de 29 de maio de 2025 &#8211; Autoriza a prorroga\u00e7\u00e3o do prazo de pagamento das opera\u00e7\u00f5es de cr\u00e9dito rural de custeio contratadas por produtores rurais. <a href=\"http:\/\/bit.ly\/491RPwR\"><u>bit.ly\/491RPwR<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref31\" id=\"_ftn31\">[31]<\/a> Tanto para o cen\u00e1rio geral quanto para recortes espec\u00edficos, como o de Fundos Constitucionais, recursos direcionados, equalizados, LCAs etc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pesquisadores do CPI\/PUC-Rio consolidaram bases de dados para mensurar quatro mecanismos de apoio p\u00fablico ao cr\u00e9dito rural: equaliza\u00e7\u00e3o de juros, benef\u00edcios fiscais, fontes p\u00fablicas de financiamento e renegocia\u00e7\u00f5es de d\u00edvidas.<\/p>\n","protected":false},"author":233,"featured_media":122775,"template":"","format":"standard","meta":{"_acf_changed":false},"programs":[1241],"regions":[1377],"topics":[1339],"collaborations":[],"class_list":["post-122532","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-brazil-policy-center","regions-brasil","topics-credito-rural"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros - CPI\" \/>\n<meta property=\"og:description\" content=\"Pesquisadores do CPI\/PUC-Rio consolidaram bases de dados para mensurar quatro mecanismos de apoio p\u00fablico ao cr\u00e9dito rural: equaliza\u00e7\u00e3o de juros, benef\u00edcios fiscais, fontes p\u00fablicas de financiamento e renegocia\u00e7\u00f5es de d\u00edvidas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-15T15:09:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_359182022_L-1024x686.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"686\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"53 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/\",\"name\":\"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Depositphotos_359182022_L.jpg\",\"datePublished\":\"2026-07-15T15:09:04+00:00\",\"dateModified\":\"2026-07-15T15:09:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Depositphotos_359182022_L.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Depositphotos_359182022_L.jpg\",\"width\":2000,\"height\":1339},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/","og_locale":"pt_BR","og_type":"article","og_title":"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros - CPI","og_description":"Pesquisadores do CPI\/PUC-Rio consolidaram bases de dados para mensurar quatro mecanismos de apoio p\u00fablico ao cr\u00e9dito rural: equaliza\u00e7\u00e3o de juros, benef\u00edcios fiscais, fontes p\u00fablicas de financiamento e renegocia\u00e7\u00f5es de d\u00edvidas.","og_url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-07-15T15:09:06+00:00","og_image":[{"width":1024,"height":686,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_359182022_L-1024x686.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"53 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/","name":"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_359182022_L.jpg","datePublished":"2026-07-15T15:09:04+00:00","dateModified":"2026-07-15T15:09:06+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_359182022_L.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_359182022_L.jpg","width":2000,"height":1339},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/os-bilhoes-invisiveis-do-credito-rural-o-custo-da-politica-publica-e-quase-cinco-vezes-o-subsidio-de-juros\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Os Bilh\u00f5es Invis\u00edveis do Cr\u00e9dito Rural: O Custo da Pol\u00edtica P\u00fablica \u00e9 Quase Cinco Vezes o Subs\u00eddio de Juros"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/233"}],"version-history":[{"count":3,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122532\/revisions"}],"predecessor-version":[{"id":123125,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122532\/revisions\/123125"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/122775"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=122532"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=122532"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=122532"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=122532"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=122532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":122594,"date":"2026-07-03T09:33:53","date_gmt":"2026-07-03T09:33:53","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=122594"},"modified":"2026-07-06T14:29:30","modified_gmt":"2026-07-06T14:29:30","slug":"assessing-climate-finance-quality-in-practice-lessons-from-six-cases","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/","title":{"rendered":"Assessing Climate Finance Quality in Practice: Lessons from Six Cases"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Assessing the quality of climate finance is a complex, frontier topic further complicated by a lack of comprehensive, consistent data. <\/strong>CPI\u2019s work on climate finance quality to date has provided a holistic, theoretical framework for <a href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/understanding-the-quality-of-climate-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">understanding the quality of public climate finance<\/a>, followed by an <a href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/tracking-the-quality-of-climate-finance-from-theory-to-practice\/\" target=\"_blank\" rel=\"noreferrer noopener\">exploration of the existing indicator base<\/a> that could be harnessed for assessments of quality at the project, market, and system levels, respectively. More recently, a practical assessment tool was developed to assess the <a href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">quality of adaptation finance<\/a> specifically (CPI, 2026). The premise of the work to date has been the need to converge on a common understanding of climate finance quality across the many active public climate finance providers. Moving toward implementation in practice also exposes a lack of comprehensive and consistent data, required for aggregate assessments of climate finance quality across (public) actors, sectors, and geographies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>This paper takes a case-study approach to analyze real-world public climate finance interventions, yielding insights into the question: What constitutes high-quality public climate finance?<\/strong> Spotlighting six cases of public climate finance deemed to have transformational potential that span different financing approaches, this paper facilitates deeper and more nuanced discussion of the <a href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/understanding-the-quality-of-climate-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">10 dimensions of transformational public climate finance<\/a> synthesized by CPI. It allows analysis of the design and delivery dimensions that contribute to high-quality public climate finance. In doing so, the paper distills lessons and implications for assessing and subsequently improving the quality of public climate finance. It is intended to inform public climate finance providers seeking to improve the quality of their interventions, as well as the broader climate finance community seeking to converge on a common understanding of climate finance quality.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Analyzing a sample of public climate finance interventions facilitate aggregate learnings, including, importantly, insights into where trade-offs may arise. <\/strong>As discussed in CPI\u2019s <a href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/understanding-the-quality-of-climate-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">initial scoping study<\/a>, climate finance quality can mean a range of things, depending on whom you ask. Concurrently, CPI\u2019s 10 dimensions for assessing the transformational potential of public climate finance (see Figure 1) cut across a range of considerations for public climate finance providers when designing and delivering interventions. A single intervention cannot be expected to satisfy every dimension simultaneously, and trade-offs will inevitably occur. By analyzing a sample of public climate finance interventions deemed to have transformational potential, this paper derives insights into where those trade-offs and limitations arise, in turn allowing for a more nuanced discussion of what constitutes climate finance quality and how to assess it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A key implication arising from this discussion paper is the need to unpack climate finance quality in terms of quality of design and delivery; and quality of results<\/strong> (see Figure ES3). Until now, CPI had packaged its work on climate finance quality under one umbrella framework with little distinction between design and delivery, and then results. This paper recommends a clearer and conscious differentiation between the two aspects in future CPI work and the broader climate finance quality dialogue, in order to facilitate more holistic assessments that cover both efficiency and equity perspectives.<\/p>\n\n\n<section class=\"block block-chart is-image\"><div is=\"chart\/image\" class=\"chart-image\">\n\t\t<script type=\"json\/props\">{\n    \"colors\": []\n}<\/script>\n\n\t\t\t\t<h2 class=\"block-chart--title\"><h4>Figure ES3: Holistic, two-pronged approach to assessing quality of climate finance<\/h4><\/h2> \n\t\t\n\t\t<div element=\"tabs\"><\/div>\n\n\t\t\t\t\t<a class=\"block-chart--image image--link\" href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Quality-of-CF-Case-Studies_Fig-15.png\" target=\"_blank\"><div class=\"image--wrap\"><img src='https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Quality-of-CF-Case-Studies_Fig-15.png' class=\"image\" alt=\"Quality-of-CF-Case-Studies_Fig-15\" style=\"max-width:100%\" \/><\/div><\/a><!-- image html = <a class=\"block-chart--image image--link\" href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Quality-of-CF-Case-Studies_Fig-15.png\" target=\"_blank\"><div class=\"image--wrap\"><img src='https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Quality-of-CF-Case-Studies_Fig-15.png' class=\"image\" alt=\"Quality-of-CF-Case-Studies_Fig-15\" style=\"max-width:100%\" \/><\/div><\/a>-->\t\t\n\t\t<div element=\"canvas\"><\/div>\n\n\t\t\t\t<group name=\"\">\n\t\t\t<!-- tab -->\t\t\t\n\t\t<\/group>\n\t\t\n\n\t\t\n\t\t\t<\/div><\/section>\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Assessing-Climate-Finance-Quality-in-Practice.pdf\"><span class=\"button\">Read the report<\/span><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This report examines six public climate finance case studies to explore what constitutes high-quality climate finance in practice. It analyzes design choices, implementation, and trade-offs to identify lessons for assessing and improving the quality of public climate finance.<\/p>\n","protected":false},"author":249,"featured_media":122608,"template":"","format":"standard","meta":{"_acf_changed":true},"programs":[1761],"regions":[392],"topics":[1894],"collaborations":[],"class_list":["post-122594","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-climate-finance-tracking","regions-global","topics-climate-finance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Assessing Climate Finance Quality in Practice: Lessons from Six Cases - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assessing Climate Finance Quality in Practice: Lessons from Six Cases - CPI\" \/>\n<meta property=\"og:description\" content=\"This report examines six public climate finance case studies to explore what constitutes high-quality climate finance in practice. It analyzes design choices, implementation, and trade-offs to identify lessons for assessing and improving the quality of public climate finance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-06T14:29:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_344519914_XL-1-1024x682.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"682\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/\",\"name\":\"Assessing Climate Finance Quality in Practice: Lessons from Six Cases - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Depositphotos_344519914_XL-1.jpg\",\"datePublished\":\"2026-07-03T09:33:53+00:00\",\"dateModified\":\"2026-07-06T14:29:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Depositphotos_344519914_XL-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Depositphotos_344519914_XL-1.jpg\",\"width\":2000,\"height\":1333},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Assessing Climate Finance Quality in Practice: Lessons from Six Cases\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Assessing Climate Finance Quality in Practice: Lessons from Six Cases - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/","og_locale":"pt_BR","og_type":"article","og_title":"Assessing Climate Finance Quality in Practice: Lessons from Six Cases - CPI","og_description":"This report examines six public climate finance case studies to explore what constitutes high-quality climate finance in practice. It analyzes design choices, implementation, and trade-offs to identify lessons for assessing and improving the quality of public climate finance.","og_url":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-07-06T14:29:30+00:00","og_image":[{"width":1024,"height":682,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_344519914_XL-1-1024x682.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/","url":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/","name":"Assessing Climate Finance Quality in Practice: Lessons from Six Cases - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_344519914_XL-1.jpg","datePublished":"2026-07-03T09:33:53+00:00","dateModified":"2026-07-06T14:29:30+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_344519914_XL-1.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/07\/Depositphotos_344519914_XL-1.jpg","width":2000,"height":1333},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-finance-quality-in-practice-lessons-from-six-cases\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Assessing Climate Finance Quality in Practice: Lessons from Six Cases"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/249"}],"version-history":[{"count":2,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122594\/revisions"}],"predecessor-version":[{"id":122719,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122594\/revisions\/122719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/122608"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=122594"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=122594"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=122594"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=122594"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=122594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":122381,"date":"2026-06-23T11:34:06","date_gmt":"2026-06-23T11:34:06","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=122381"},"modified":"2026-06-24T08:22:42","modified_gmt":"2026-06-24T08:22:42","slug":"global-landscape-of-climate-finance-2026","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/global-landscape-of-climate-finance-2026\/","title":{"rendered":"Global Landscape of Climate Finance 2026"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>The most comprehensive overview of global climate finance flows, provided by Climate Policy Initiative.<\/p>\n","protected":false},"author":238,"featured_media":122395,"template":"","format":"standard","meta":{"_acf_changed":false},"programs":[1761],"regions":[392],"topics":[1901,1883],"collaborations":[],"class_list":["post-122381","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-climate-finance-tracking","regions-global","topics-climate-finance-landscapes","topics-climate-finance-needs-roadmaps"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Landscape of Climate Finance 2026 - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Landscape of Climate Finance 2026 - CPI\" \/>\n<meta property=\"og:description\" content=\"The most comprehensive overview of global climate finance flows, provided by Climate Policy Initiative.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-24T08:22:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Aerial-view-stream-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2196\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minuto\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/\",\"name\":\"Global Landscape of Climate Finance 2026 - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Aerial-view-stream-scaled.jpg\",\"datePublished\":\"2026-06-23T11:34:06+00:00\",\"dateModified\":\"2026-06-24T08:22:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Aerial-view-stream-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Aerial-view-stream-scaled.jpg\",\"width\":2196,\"height\":2560},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/global-landscape-of-climate-finance-2026\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Global Landscape of Climate Finance 2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global Landscape of Climate Finance 2026 - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/","og_locale":"pt_BR","og_type":"article","og_title":"Global Landscape of Climate Finance 2026 - CPI","og_description":"The most comprehensive overview of global climate finance flows, provided by Climate Policy Initiative.","og_url":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-06-24T08:22:42+00:00","og_image":[{"width":2196,"height":2560,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Aerial-view-stream-scaled.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"1 minuto"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/","url":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/","name":"Global Landscape of Climate Finance 2026 - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Aerial-view-stream-scaled.jpg","datePublished":"2026-06-23T11:34:06+00:00","dateModified":"2026-06-24T08:22:42+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Aerial-view-stream-scaled.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Aerial-view-stream-scaled.jpg","width":2196,"height":2560},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/global-landscape-of-climate-finance-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Global Landscape of Climate Finance 2026"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/238"}],"version-history":[{"count":1,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122381\/revisions"}],"predecessor-version":[{"id":122442,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122381\/revisions\/122442"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/122395"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=122381"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=122381"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=122381"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=122381"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=122381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":122271,"date":"2026-06-23T08:13:08","date_gmt":"2026-06-23T08:13:08","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=122271"},"modified":"2026-07-02T13:48:28","modified_gmt":"2026-07-02T13:48:28","slug":"connecting-capital-within-african-agrifood-systems","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/connecting-capital-within-african-agrifood-systems\/","title":{"rendered":"Connecting Capital within African Agrifood Systems"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Capital flows to African agrifood systems remain far below what is needed.&nbsp;<\/strong>While the climate finance gap is well documented, less understood is why capital so often fails to reach agrifood enterprises.<br><br><strong>This report explores a core challenge within capital mobilization for African agrifood systems: the misalignment between how investors allocate capital and how agribusinesses operate<\/strong>. Investors deploying capital through climate finance vehicles seek risk-adjusted returns that meet their mandates, which are frequently misaligned with enterprise realities. This misalignment is systemic, rooted in investor return expectations, underdeveloped local financial markets, and policy environments that do not yet effectively support agricultural finance. Addressing these root causes will require long-term policy and market development; however, Africa&#8217;s agrifood systems need capital now.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>CPI is well-placed to examine this misalignment because it operates on both sides of the market within the current ecosystem.<\/strong>\u00a0We analyze how the supply and demand sides of capital can connect more efficiently, drawing on our experience providing technical assistance (TA) to investors and enterprises through the ClimateShot Investor Coalition (<a href=\"https:\/\/climateshotinvestor.org\/\">CLIC<\/a>) Connector, Global Innovation Lab for Climate Finance (<a href=\"https:\/\/www.climatefinancelab.org\/\">the Lab<\/a>), and the Catalytic Climate Finance Facility (<a href=\"https:\/\/www.ccfacility.org\/\">CC Facility<\/a>). These are distinct programs which operate at different points on the capital continuum, but running them in parallel has nonetheless given us a cross-cutting view of where and why supply- and demand-side activity align and diverge.<br><br><strong>Through these three programs, we have gained insights into the needs of both vehicles deploying capital and agrifood enterprises raising funds.\u00a0<\/strong>We identify that among the most practical levers for investment the development of well-structured vehicles that effectively mitigate and price risks, address risk-return misalignment, and make projects bankable.<strong>\u00a0<\/strong>While enterprise-level TA can improve an agribusiness&#8217;s investor-readiness, it can rarely, on its own, shift the risk-return profile that an investor sees in a deal and governs capital flow. Closing that gap typically requires complementary TA at the vehicle level.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Drawing on CPI\u2019s experience supporting both funders and enterprises, this report identifies high-impact, practical actions to help capital flow more effectively and strengthen Africa&#8217;s agrifood investment ecosystem.<\/strong> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">PORTFOLIO INSIGHTS<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>We analyze CPI\u2019s diverse African agrifood portfolio to distill evidence-based lessons and actionable recommendations for funders and TA providers. <\/strong>The evidence base spans 23 agribusinesses supported through the Connector, and 17 climate finance vehicles incubated and accelerated through the Lab and CC Facility, as well as CPI\u2019s broader ecosystem-building activities. For more information on each vehicle or enterprise, please visit their profile pages on the <a href=\"https:\/\/climateshotinvestor.org\/agribusinesses\" type=\"link\" id=\"https:\/\/climateshotinvestor.org\/agribusinesses\">Connector<\/a>, <a href=\"https:\/\/www.climatefinancelab.org\/ideas\/\">Lab<\/a>, and <a href=\"https:\/\/www.ccfacility.org\/portfolio\">CC Facility<\/a> websites.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"flourish-embed flourish-cards\" data-src=\"visualisation\/29432786?1040115\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><\/noscript><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Geographical presence<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"523\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/map-correct-1024x523.png\" alt=\"\" class=\"wp-image-122346\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/map-correct-1024x523.png 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/map-correct-300x153.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/map-correct-1536x785.png 1536w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/map-correct-2048x1047.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><br><strong>Activity is concentrated in a small number of established agrifood markets, with Kenya, Nigeria, and Uganda accounting for nearly half of all engagements across programs.<\/strong>&nbsp;This concentration is not a program design choice; instead, it reflects the characteristics of African markets where investor activity, financial infrastructure, and SME ecosystems are more developed.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Markets where conditions for capital mobilization are strongest are not necessarily those where the need for climate investment is greatest.<\/strong>&nbsp;Many of the geographies facing the most acute food security and climate adaptation pressures are precisely those where investor presence, intermediary capacity, and enterprise pipeline are thinnest. For example, the ten most vulnerable countries in Africa only received&nbsp;<a href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/landscape-of-climate-finance-in-africa-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">11% of climate finance flows<\/a>&nbsp;in 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Value chain stage<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"447\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Value-chain-stages-of-CPIs-Africa-agrifood-portfolio\u200b-01-1-1024x447.png\" alt=\"\" class=\"wp-image-122349\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Value-chain-stages-of-CPIs-Africa-agrifood-portfolio\u200b-01-1-1024x447.png 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Value-chain-stages-of-CPIs-Africa-agrifood-portfolio\u200b-01-1-300x131.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Value-chain-stages-of-CPIs-Africa-agrifood-portfolio\u200b-01-1-1536x670.png 1536w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Value-chain-stages-of-CPIs-Africa-agrifood-portfolio\u200b-01-1-2048x894.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Finance vehicles are heavily concentrated in upstream production activities, such as on-farm climate adaptation, input financing, and smallholder lending.<\/strong>&nbsp;This partly reflects where catalytic finance has found it easier to operate, as production-level activities offer more measurable outcomes that align with the requirements of concessional capital providers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The enterprise portfolio is more evenly spread across the value chain.<\/strong>&nbsp;In contexts where intermediary infrastructure connecting producer to buyer is weak or absent, enterprises tend to operate end-to-end across the value chain. This helps secure independent routes to market and reduce exposure to supply chain disruptions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>This difference in focus between enterprises and funds can create a mismatch in capital demand and supply.&nbsp;<\/strong>Finance vehicles tend to be designed around upstream segments, while the enterprises seeking capital frequently operate across the value chain. As a result, a vehicle specifically mandated for upstream production may not readily accommodate an enterprise that also operates at the midstream and downstream stages.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Crop type<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"338\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Crop-focus-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-1024x338.png\" alt=\"\" class=\"wp-image-122352\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Crop-focus-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-1024x338.png 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Crop-focus-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-300x99.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Crop-focus-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-1536x507.png 1536w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Crop-focus-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-2048x676.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Over half of Lab and CC Facility vehicles do not specify a crop focus at the design stage, reflecting broader agrifood or climate mandates that leave crop selection to the fund manager post-capitalization.&nbsp;<\/strong>Where vehicles do specify a crop focus, cash crops are well represented relative to their share of regional production, consistent with investor preference for export-oriented, hard-currency value chains. Coffee and cacao tend to dominate these mandates:sFor fund managers building a first commercial track record, these value chains offer the most defensible route to demonstrating returns.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>On the enterprise side, the Connector portfolio is split among cash crops (46%), other staple crops (40%), and maize (14%).<\/strong>&nbsp;Staple crops underpin regional and domestic food security and rural livelihoods but operate on thinner margins, face higher climate exposure, have limited access to premium markets, and sit less comfortably inside the structured finance architectures that mobilize international capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Staple crops feature heavily in the enterprise pipeline but are not strongly represented in the vehicles designed to reach commercial scale.&nbsp;<\/strong>Maize, rice, sorghum, and millet sit at the center of food security, yet the financing architecture reaching enterprises focused on these crops is thinner, more concessional, and smaller in ticket size than what is needed to support cash crop value chains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Impact area<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"477\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Impact-areas-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-1024x477.png\" alt=\"\" class=\"wp-image-122355\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Impact-areas-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-1024x477.png 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Impact-areas-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-300x140.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Impact-areas-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-1536x716.png 1536w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Impact-areas-across-CPIs-Africa-agrifood-portfolio\u200b-01-1-2048x954.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Adaptation is the strongest area of convergence across the portfolio, although each program addresses it differently.<\/strong>&nbsp;The Lab and CC Facility support capital-intensive adaptation solutions, including irrigation systems, storage infrastructure, weather-indexed insurance, and fintech tools. The Connector supports localized, on-farm adaptation through soil and water management practices, drought-tolerant seeds, organic fertilizers, regenerative agriculture, and digital advisory tools.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Gender&nbsp;is addressed through distinct but reinforcing pathways.<\/strong>&nbsp;The Connector integrates a gender lens into its selection process, supporting agribusinesses that are led or founded by women, or specifically serve female farmers and vendors. The Lab addresses gender by expanding finance for women-led agribusinesses, while the CC Facility embeds gender requirements in grant terms and acceleration support, requiring and supporting grantees to develop and operationalize gender strategies.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">LESSONS LEARNED<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our cross-program experience points to four features of agrifood climate finance TA that can support capital flows more effectively.<br><br><strong>1. Effective vehicle design starts with a clear understanding of demand.&nbsp;<\/strong>An effective investment vehicle fills a specific market gap, either by generating a pipeline where none exists or by creating a funding structure that moves a backlog of viable enterprises off the ground. When mandates default to what investors are familiar with rather than to actual investable opportunities, deal flow can narrow significantly. Embedding granular knowledge of enterprise characteristics, ticket sizes, absorption capacity, and financing needs into mandate-setting from the outset calibrates vehicles to market realities.<br><br><strong>2. Moving from concept to investment requires alignment between pipelines, agribusiness needs, and investor mandates.<\/strong>&nbsp;Geographic or thematic overlap between investment supply and demand is the starting condition for financial deployment. Converting overlap into transactions requires active intermediation. CPI\u2019s experience shows that supply and demand do not align spontaneously, even across shared geographies and value chains. Facilitation needs to be built in as its own function<br><br><strong>CPI does this in two complementary ways: pipeline identification and analysis are integral to our vehicle-level work, and addressing market fragmentation through ecosystem building is core to how our programs operate.<\/strong>&nbsp;This dual vantage point gives us insight into both the structural conditions that govern capital flow and the practical mechanics that bridge supply and demand.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3.<\/strong>&nbsp;<strong>Enterprise preparation is most effective when calibrated to specific investor requirements.<\/strong>&nbsp;Generic TA builds a necessary foundation, but investment conversion depends on calibration with the screening criteria and risk parameters of the capital being targeted. That calibration increasingly extends to local and context-specific dynamics, as investors prioritize locally-led vehicles and projects with strong anchoring on the ground. Demand-side programs that maintain active connections to supply-side intelligence can materially improve the rate at which enterprises convert into an investable pipeline.<br><br><strong>4. Mobilizing private capital at scale and supporting food security are distinct goals that call for distinct vehicles.&nbsp;<\/strong>Vehicles built to mobilize commercial capital tend to focus on export-oriented, hard-currency value chains. Diversification, liquidity, and scalability all reward cash crops. CPI-supported vehicles reflect this: over half target cash crops or are crop-agnostic due to investor preferences. As a result, financial structures purpose-built for local food crop economies remain in short supply.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Advancing food security and resilience at scale will require concessional, grant-based, or public funding alongside commercial vehicles.<\/strong>&nbsp;Blended finance is the clearest example of how this can work: by combining concessional and commercial capital, it aligns multiple investor mandates around a shared risk-return profile and channels investment into markets that would otherwise remain underserved or stuck at an early stage.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">RECOMMENDATIONS<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Acting on these findings requires deliberate shifts in how TA is designed, funded, and delivered, and represents a high-leverage opportunity for the donors and funders best placed to back this work<\/strong>. Every dollar of TA funding for both vehicles and SMEs across CPI\u2019s agrifood portfolio has mobilized commercial and concessional investment many multiples of its size, making systemic market support among the most efficient uses of catalytic grant capital. This report sets out six recommendations, directed at the actors best positioned to implement each.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span class=\"button\"><a href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Connecting-Capital-within-African-Agrifood-Systems.pdf\">Download the report<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drawing on CPI\u2019s experience supporting both financial vehicles and agrifood enterprises, this report identifies high-impact, practical actions to help capital flow more effectively and strengthen Africa&#8217;s agrifood investment ecosystem.<\/p>\n","protected":false},"author":239,"featured_media":122273,"template":"","format":"standard","meta":{"_acf_changed":true},"programs":[1826,1792,395],"regions":[5],"topics":[1172,1894,842,612],"collaborations":[],"class_list":["post-122271","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-catalytic-climate-finance-facility","programs-climateshot-investor-coalition-clic","programs-global-innovation-lab-for-climate-finance","regions-africa","topics-agriculture-food-systems","topics-climate-finance","topics-financial-innovation","topics-smallholders"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Connecting Capital within African Agrifood Systems - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Connecting Capital within African Agrifood Systems - CPI\" \/>\n<meta property=\"og:description\" content=\"Drawing on CPI\u2019s experience supporting both financial vehicles and agrifood enterprises, this report identifies high-impact, practical actions to help capital flow more effectively and strengthen Africa&#039;s agrifood investment ecosystem.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-02T13:48:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_116283570_L-1024x777.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"777\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"8 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/\",\"name\":\"Connecting Capital within African Agrifood Systems - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Depositphotos_116283570_L.jpg\",\"datePublished\":\"2026-06-23T08:13:08+00:00\",\"dateModified\":\"2026-07-02T13:48:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Depositphotos_116283570_L.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Depositphotos_116283570_L.jpg\",\"width\":2000,\"height\":1518},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/connecting-capital-within-african-agrifood-systems\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Connecting Capital within African Agrifood Systems\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Connecting Capital within African Agrifood Systems - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/","og_locale":"pt_BR","og_type":"article","og_title":"Connecting Capital within African Agrifood Systems - CPI","og_description":"Drawing on CPI\u2019s experience supporting both financial vehicles and agrifood enterprises, this report identifies high-impact, practical actions to help capital flow more effectively and strengthen Africa's agrifood investment ecosystem.","og_url":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-07-02T13:48:28+00:00","og_image":[{"width":1024,"height":777,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_116283570_L-1024x777.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"8 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/","url":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/","name":"Connecting Capital within African Agrifood Systems - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_116283570_L.jpg","datePublished":"2026-06-23T08:13:08+00:00","dateModified":"2026-07-02T13:48:28+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_116283570_L.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_116283570_L.jpg","width":2000,"height":1518},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/connecting-capital-within-african-agrifood-systems\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Connecting Capital within African Agrifood Systems"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/239"}],"version-history":[{"count":0,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/122271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/122273"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=122271"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=122271"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=122271"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=122271"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=122271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":121232,"date":"2026-06-15T15:39:44","date_gmt":"2026-06-15T15:39:44","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=121232"},"modified":"2026-06-15T15:44:39","modified_gmt":"2026-06-15T15:44:39","slug":"quality-of-adaptation-finance","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quality-of-adaptation-finance\/","title":{"rendered":"Assessing the Quality of Adaptation Finance\u00a0"},"content":{"rendered":"\n<div class=\"wp-block-columns has-custom-css is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex wp-custom-css-49c56467\">\n<div class=\"wp-block-column is-style-default has-custom-css is-layout-flow wp-block-column-is-layout-flow wp-custom-css-55dc240f\" style=\"flex-basis:40%\">\n<h3 class=\"wp-block-heading\">A&nbsp;Decision-Support&nbsp;Tool for Public Finance Providers&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Public finance providers must allocate scarce resources strategically to maximize adaptation and development outcomes. <\/strong>This paper and tool offer guidance for achieving this. The interactive tool below helps practitioners assess an intervention&#8217;s impacts at the <strong>project, market, and system levels<\/strong>, considering four common public finance approaches: <strong>grants, debt, equity, and risk-transfer tools<\/strong> (e.g., guarantees and insurance). &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This tool does not yield comparative benchmarking but rather identifies strengths and surfaces gaps to support better decision-making over time. Each project is assessed against the tool\u2019s criteria, with three assessment levels indicating the direction of travel:<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-style-default has-custom-css is-layout-flow wp-block-column-is-layout-flow wp-custom-css-19e6e337\" style=\"flex-basis:60%\"><section class=\"block block-chart is-image has-custom-css wp-custom-css-f7c312c7\"><div is=\"chart\/image\" class=\"chart-image\">\n\t\t<script type=\"json\/props\">{\n    \"colors\": []\n}<\/script>\n\n\t\t\n\t\t<div element=\"tabs\"><\/div>\n\n\t\t\t\t\t<a class=\"block-chart--image image--link\" href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Fig-1-3-level-lens-for-assessing-quality-of-A-and-R-finance.png\" target=\"_blank\"><div class=\"image--wrap\"><img src='https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Fig-1-3-level-lens-for-assessing-quality-of-A-and-R-finance.png' class=\"image\" alt=\"Fig-1-3-level-lens-for-assessing-quality-of-A-and-R-finance\" style=\"max-width:100%\" \/><\/div><\/a><!-- image html = <a class=\"block-chart--image image--link\" href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Fig-1-3-level-lens-for-assessing-quality-of-A-and-R-finance.png\" target=\"_blank\"><div class=\"image--wrap\"><img src='https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Fig-1-3-level-lens-for-assessing-quality-of-A-and-R-finance.png' class=\"image\" alt=\"Fig-1-3-level-lens-for-assessing-quality-of-A-and-R-finance\" style=\"max-width:100%\" \/><\/div><\/a>-->\t\t\n\t\t<div element=\"canvas\"><\/div>\n\n\t\t\t\t<group name=\"\">\n\t\t\t<!-- tab -->\t\t\t\n\t\t<\/group>\n\t\t\n\n\t\t\n\t\t\t\t<div class=\"block-chart--note\"><p>Three-Level Lens for Assessing Quality of Adaptation &amp; Resilience Finance<\/p>\n<\/div> \n\t\t\t<\/div><\/section><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<style data-wp-block-html=\"css\">\n.stage-explainer {\n  display: grid;\n  gap: 4px;\n  margin: 0;\n}\n\n.stage-explainer-item {\n  display: grid;\n  grid-template-columns: 40px 1fr;\n  column-gap: 8px;\n  align-items: start;\n}\n\n.stage-text {\n  line-height: 1.3;\n  margin: 0;\n  padding-top: 6px;\n}\n\n.stage-rating {\n  width: 40px;\n  height: 40px;\n  position: relative;\n}\n\n.stage-circle {\n  position: relative;\n  display: block;\n  width: 36px;\n  height: 36px;\n}\n\n.stage-ring {\n  position: absolute;\n  top: 50%;\n  left: 50%;\n  border: 2px solid #171717;\n  border-radius: 50%;\n  box-sizing: border-box;\n  transform: translate(-50%, -50%);\n}\n\n.stage-ring-1 { width: 20px; height: 20px; }\n.stage-ring-2 { width: 28px; height: 28px; }\n.stage-ring-3 { width: 36px; height: 36px; }\n<\/style>\n\n<div class=\"stage-explainer\">\n  <div class=\"stage-explainer-item\">\n    <span class=\"stage-rating\"><span class=\"stage-circle\"><span class=\"stage-ring stage-ring-1\"><\/span><\/span><\/span>\n    <div class=\"stage-text\"><strong>Initial:<\/strong> A starting point\u2014indicating interventions that do not yet engage with the given criterion in a meaningful way.<\/div>\n  <\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<style data-wp-block-html=\"css\">\n.stage-explainer {\n  display: grid;\n  gap: 4px;\n  margin: 0;\n}\n\n.stage-explainer-item {\n  display: grid;\n  grid-template-columns: 40px 1fr;\n  column-gap: 8px;\n  align-items: start;\n}\n\n.stage-text {\n  line-height: 1.3;\n  margin: 0;\n  padding-top: 6px;\n}\n\n.stage-rating {\n  width: 40px;\n  height: 40px;\n  position: relative;\n}\n\n.stage-circle {\n  position: relative;\n  display: block;\n  width: 36px;\n  height: 36px;\n}\n\n.stage-ring {\n  position: absolute;\n  top: 50%;\n  left: 50%;\n  border: 2px solid #171717;\n  border-radius: 50%;\n  box-sizing: border-box;\n  transform: translate(-50%, -50%);\n}\n\n.stage-ring-1 { width: 20px; height: 20px; }\n.stage-ring-2 { width: 28px; height: 28px; }\n.stage-ring-3 { width: 36px; height: 36px; }\n<\/style>\n\n<div class=\"stage-explainer\">\n\n  <div class=\"stage-explainer-item\">\n    <span class=\"stage-rating\"><span class=\"stage-circle\"><span class=\"stage-ring stage-ring-1\"><\/span><span class=\"stage-ring stage-ring-2\"><\/span><\/span><\/span>\n    <div class=\"stage-text\"><strong>Progressing:<\/strong> Making meaningful progress\u2014core elements are in place for this criterion, but there are gaps that limit quality or depth.<\/div>\n  <\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<style data-wp-block-html=\"css\">\n.stage-explainer {\n  display: grid;\n  gap: 4px;\n  margin: 0;\n}\n\n.stage-explainer-item {\n  display: grid;\n  grid-template-columns: 40px 1fr;\n  column-gap: 8px;\n  align-items: start;\n}\n\n.stage-text {\n  line-height: 1.3;\n  margin: 0;\n  padding-top: 6px;\n}\n\n.stage-rating {\n  width: 40px;\n  height: 40px;\n  position: relative;\n}\n\n.stage-circle {\n  position: relative;\n  display: block;\n  width: 36px;\n  height: 36px;\n}\n\n.stage-ring {\n  position: absolute;\n  top: 50%;\n  left: 50%;\n  border: 2px solid #171717;\n  border-radius: 50%;\n  box-sizing: border-box;\n  transform: translate(-50%, -50%);\n}\n\n.stage-ring-1 { width: 20px; height: 20px; }\n.stage-ring-2 { width: 28px; height: 28px; }\n.stage-ring-3 { width: 36px; height: 36px; }\n<\/style>\n\n<div class=\"stage-explainer\">\n\n  <div class=\"stage-explainer-item\">\n    <span class=\"stage-rating\"><span class=\"stage-circle\"><span class=\"stage-ring stage-ring-1\"><\/span><span class=\"stage-ring stage-ring-2\"><\/span><span class=\"stage-ring stage-ring-3\"><\/span><\/span><\/span>\n    <div class=\"stage-text\"><strong>Transformative:<\/strong> The north star\u2014ambitious, evidence-based, and delivering durable adaptation outcomes.<\/div>\n  <\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Use the filters in the <a href=\"#tool\">interactive table below<\/a> to assess descriptors at each level. The accompanying <a href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/\">report<\/a> provides methodological guidance, supporting analysis, illustrative examples, and practical insights to support use of the tool, including analyses of adaptation-tagged ODA, adaptation finance and sovereign debt sustainability, and a case study applying the project- and market-level criteria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a id=\"_msocom_1\"><\/a><a id=\"_msocom_3\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span class=\"button\"><a href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Assessing-the-Quality-of-Adaptation-Finance.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download the report<\/a><\/span><\/p>\n\n\n\n<h4 id=\"tool\" class=\"wp-block-heading\">Explore the interactive tool:<\/h4>\n\n\n\n<!doctype html>\n<html lang=\"en\">\n  <head>\n    <meta charset=\"UTF-8\" \/>\n    <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\" \/>\n    <title>Quality of Adaptation Table<\/title>\n\n    <link\n      rel=\"stylesheet\"\n      href=\"https:\/\/cdn.datatables.net\/1.13.8\/css\/jquery.dataTables.min.css\"\n    \/>\n\n    <style>\n      body {\n        margin: 20px;\n      }\n\n      #customTabsWrapper,\n      #customTabsWrapper * {\n        font-family: \"Whitney A\", sans-serif !important;\n      }\n\n      #customTabsWrapper {\n        margin: 30px 0;\n      }\n\n      #customTabsWrapper[data-theme=\"project\"] {\n        --active-color: #542d4c;\n      }\n\n      #customTabsWrapper[data-theme=\"market\"] {\n        --active-color: #6c8766;\n      }\n\n      #customTabsWrapper[data-theme=\"system\"] {\n        --active-color: #002a49;\n      }\n\n      \/* MAIN TABS *\/\n\n      #customTabsWrapper .main-tabs {\n        display: flex !important;\n        gap: 6px !important;\n        margin-bottom: -2px !important;\n        width: 100% !important;\n        align-items: flex-end !important;\n      }\n\n      #customTabsWrapper .main-tab-btn {\n        appearance: none !important;\n        -webkit-appearance: none !important;\n        flex: 1 1 0 !important;\n        width: auto !important;\n        max-width: none !important;\n        padding: 14px 18px !important;\n        background: #e7e6e6 !important;\n        color: #545051 !important;\n        border: 1px solid #cfcfcf !important;\n        border-bottom: 1px solid transparent !important;\n        border-radius: 14px 14px 0 0 !important;\n        cursor: pointer !important;\n        font-weight: 600 !important;\n        text-align: center !important;\n        position: relative !important;\n        top: 1px !important;\n      }\n\n      \/* SUB BUTTONS *\/\n\n      #customTabsWrapper .sub-tabs {\n        display: flex !important;\n        gap: 10px !important;\n        flex-wrap: wrap !important;\n        margin: 10px 0 24px !important;\n        width: auto !important;\n        align-items: center !important;\n      }\n\n      #customTabsWrapper .sub-tab-btn {\n        appearance: none !important;\n        -webkit-appearance: none !important;\n        flex: 0 0 auto !important;\n        width: auto !important;\n        max-width: none !important;\n        padding: 10px 16px !important;\n        border-radius: 20px !important;\n        border: 1px solid var(--active-color, #542d4c) !important;\n        background: white !important;\n        color: var(--active-color, #542d4c) !important;\n        cursor: pointer !important;\n        font-size: 14px !important;\n        font-weight: 600 !important;\n        top: 0 !important;\n      }\n\n      \/* HOVER COLORS *\/\n\n      #customTabsWrapper .theme-project:hover {\n        background: #542d4c !important;\n        color: white !important;\n      }\n\n      #customTabsWrapper .theme-market:hover {\n        background: #6c8766 !important;\n        color: white !important;\n      }\n\n      #customTabsWrapper .theme-system:hover {\n        background: #002a49 !important;\n        color: white !important;\n      }\n\n      \/* ACTIVE STATES *\/\n\n      #customTabsWrapper .main-tab-btn.active {\n        background: var(--active-color, #542d4c) !important;\n        color: white !important;\n        z-index: 2 !important;\n        border-bottom: 1px solid white !important;\n      }\n\n      #customTabsWrapper .sub-tab-btn.active {\n        background: var(--active-color, #542d4c) !important;\n        color: white !important;\n      }\n\n      \/* CONTENT *\/\n\n      #customTabsWrapper .main-tab-content,\n      #customTabsWrapper .sub-tab-content {\n        display: none;\n      }\n\n      #customTabsWrapper .main-tab-content.active {\n        display: block;\n        padding: 24px !important;\n        margin-top: -1px !important;\n        border: 1px solid #d9d9d9 !important;\n        border-radius: 0 0 8px 8px !important;\n        background: white !important;\n      }\n\n      #customTabsWrapper .sub-tab-content.active {\n        display: block;\n        border-top: none !important;\n        padding-top: 0 !important;\n      }\n\n      \/* TITLES *\/\n\n      #customTabsWrapper .subtab-intro {\n        margin-bottom: 20px;\n      }\n\n      #customTabsWrapper .subtab-intro h2 {\n        margin-bottom: 10px;\n        color: #171717;\n        text-transform: none !important;\n      }\n\n      #customTabsWrapper .subtab-intro p {\n        line-height: 1.2;\n        max-width: 950px;\n      }\n\n      \/* FILTERS *\/\n\n      #customTabsWrapper .table-filters {\n        display: flex !important;\n        gap: 16px !important;\n        align-items: flex-end !important;\n        flex-wrap: wrap !important;\n        margin: 24px 0 12px !important;\n        padding: 0 !important;\n        background: transparent !important;\n        border: none !important;\n      }\n\n      #customTabsWrapper .filter-group {\n        flex: 0 0 220px !important;\n      }\n\n      #customTabsWrapper .filter-group label {\n        display: block !important;\n        margin-bottom: 6px !important;\n        font-size: 14px !important;\n        color: #808080 !important;\n        text-transform: uppercase !important;\n      }\n\n      #customTabsWrapper .table-filter {\n        width: 100% !important;\n        padding: 10px 14px !important;\n        border-radius: 4px !important;\n        border: 1px solid #c8c8c8 !important;\n        background: white !important;\n        font-size: 14px !important;\n        color: #111 !important;\n      }\n\n      \/* TABLE *\/\n\n      #customTabsWrapper .custom-table {\n        width: 100% !important;\n        border-collapse: collapse !important;\n        margin-top: 20px !important;\n      }\n\n      #customTabsWrapper .custom-table th {\n        background: var(--active-color, #542d4c) !important;\n        color: white !important;\n        padding: 12px !important;\n      }\n\n      #customTabsWrapper .custom-table td {\n        padding: 12px !important;\n        border-bottom: 1px solid #ddd !important;\n        vertical-align: top !important;\n      }\n\n      \/* SORT ICONS *\/\n\n      #customTabsWrapper table.dataTable thead > tr > th.sorting,\n      #customTabsWrapper table.dataTable thead > tr > th.sorting_asc,\n      #customTabsWrapper table.dataTable thead > tr > th.sorting_desc {\n        background-image: none !important;\n        padding-right: 12px !important;\n        white-space: nowrap !important;\n      }\n\n      #customTabsWrapper table.dataTable thead > tr > th.sorting::before,\n      #customTabsWrapper table.dataTable thead > tr > th.sorting::after,\n      #customTabsWrapper table.dataTable thead > tr > th.sorting_asc::before,\n      #customTabsWrapper table.dataTable thead > tr > th.sorting_asc::after,\n      #customTabsWrapper table.dataTable thead > tr > th.sorting_desc::before,\n      #customTabsWrapper table.dataTable thead > tr > th.sorting_desc::after {\n        display: none !important;\n        content: none !important;\n        opacity: 0 !important;\n      }\n\n      #customTabsWrapper .custom-table th {\n        vertical-align: middle !important;\n      }\n\n      #customTabsWrapper .sort-header {\n        display: inline-flex !important;\n        align-items: center !important;\n        gap: 6px !important;\n        white-space: nowrap !important;\n        line-height: 1 !important;\n      }\n\n      #customTabsWrapper .sort-icon {\n        display: inline-flex !important;\n        align-items: center !important;\n        justify-content: center !important;\n        width: 12px !important;\n        height: 12px !important;\n        font-size: 11px !important;\n        line-height: 1 !important;\n        opacity: 0.85 !important;\n        position: relative !important;\n        top: 0 !important;\n      }\n\n      #customTabsWrapper .sort-icon {\n        display: inline-flex !important;\n        flex-direction: column !important;\n        justify-content: center !important;\n        align-items: center !important;\n        width: 10px !important;\n        height: 14px !important;\n        position: relative !important;\n      }\n\n      \/* Default: both arrows visible *\/\n      #customTabsWrapper .sort-icon::before,\n      #customTabsWrapper .sort-icon::after {\n        content: \"\";\n        display: block;\n        width: 0;\n        height: 0;\n        opacity: 0.7;\n      }\n\n      #customTabsWrapper .sort-icon::before {\n        border-left: 5px solid transparent;\n        border-right: 5px solid transparent;\n        border-bottom: 6px solid currentColor;\n        margin-bottom: 2px;\n      }\n\n      #customTabsWrapper .sort-icon::after {\n        border-left: 5px solid transparent;\n        border-right: 5px solid transparent;\n        border-top: 6px solid currentColor;\n      }\n\n      \/* Ascending: emphasize up arrow *\/\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_asc\n        .sort-icon::before {\n        opacity: 1;\n      }\n\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_asc\n        .sort-icon::after {\n        opacity: 0.25;\n      }\n\n      \/* Descending: emphasize down arrow *\/\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_desc\n        .sort-icon::before {\n        opacity: 0.25;\n      }\n\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_desc\n        .sort-icon::after {\n        opacity: 1;\n      }\n\n      \/* Ascending: emphasize up arrow *\/\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_asc\n        .sort-icon::before {\n        opacity: 1;\n      }\n\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_asc\n        .sort-icon::after {\n        opacity: 0.25;\n      }\n\n      \/* Descending: emphasize down arrow *\/\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_desc\n        .sort-icon::before {\n        opacity: 0.25;\n      }\n\n      #customTabsWrapper\n        table.dataTable\n        thead\n        > tr\n        > th.sorting_desc\n        .sort-icon::after {\n        opacity: 1;\n      }\n\n      \/* STAGE RATING *\/\n\n      #customTabsWrapper .stage-rating {\n        display: inline-flex !important;\n        align-items: center !important;\n        justify-content: center !important;\n        width: 40px !important;\n        height: 40px !important;\n        cursor: default !important;\n        vertical-align: middle !important;\n      }\n\n      #customTabsWrapper .stage-circle {\n        position: relative !important;\n        display: inline-block !important;\n        width: 36px !important;\n        height: 36px !important;\n      }\n\n      #customTabsWrapper .stage-ring {\n        position: absolute !important;\n        top: 50% !important;\n        left: 50% !important;\n        transform: translate(-50%, -50%) !important;\n        border: 2px solid var(--active-color, #542d4c) !important;\n        border-radius: 50% !important;\n        box-sizing: border-box !important;\n      }\n\n      #customTabsWrapper .stage-ring-1 {\n        width: 20px !important;\n        height: 20px !important;\n      }\n\n      #customTabsWrapper .stage-ring-2 {\n        width: 28px !important;\n        height: 28px !important;\n      }\n\n      #customTabsWrapper .stage-ring-3 {\n        width: 36px !important;\n        height: 36px !important;\n      }\n\n      \/* Keep stage icons inside table cells *\/\n      #customTabsWrapper .custom-table td[data-label=\"Stage\"],\n      #customTabsWrapper .custom-table th:first-child,\n      #customTabsWrapper .custom-table th:nth-child(2) {\n        box-sizing: border-box !important;\n      }\n      #customTabsWrapper .custom-table td[data-label=\"Stage\"] {\n        width: 52px !important;\n        min-width: 52px !important;\n        max-width: 52px !important;\n        text-align: center !important;\n        white-space: nowrap !important;\n      }\n\n      #customTabsWrapper .stage-rating {\n        flex: 0 0 auto !important;\n        max-width: 100% !important;\n      }\n\n      \/* Keep legend visible and contained *\/\n      #customTabsWrapper .stage-legend {\n        width: 100% !important;\n        max-width: 100% !important;\n        box-sizing: border-box !important;\n        display: flex !important;\n        flex-wrap: wrap !important;\n        gap: 12px 24px !important;\n        overflow: visible !important;\n      }\n\n      #customTabsWrapper .stage-legend-item {\n        flex: 0 1 auto !important;\n        min-width: 0 !important;\n        padding-right: 0 !important;\n        white-space: nowrap !important;\n      }\n\n      #customTabsWrapper .custom-table td[data-label=\"Stage\"] .stage-rating {\n        margin: 0 auto !important;\n      }\n\n      #customTabsWrapper .sr-only {\n        position: absolute !important;\n        width: 1px !important;\n        height: 1px !important;\n        padding: 0 !important;\n        margin: -1px !important;\n        overflow: hidden !important;\n        clip: rect(0, 0, 0, 0) !important;\n        white-space: nowrap !important;\n        border: 0 !important;\n      }\n\n      \/* MOBILE *\/\n\n      @media (max-width: 768px) {\n        #customTabsWrapper .main-tabs,\n        #customTabsWrapper .table-filters {\n          flex-direction: column !important;\n        }\n\n        #customTabsWrapper .sub-tabs {\n          flex-direction: row !important;\n        }\n\n        #customTabsWrapper .main-tab-btn {\n          width: 100% !important;\n        }\n\n        #customTabsWrapper .sub-tab-btn {\n          width: auto !important;\n        }\n\n        #customTabsWrapper .custom-table,\n        #customTabsWrapper .custom-table thead,\n        #customTabsWrapper .custom-table tbody,\n        #customTabsWrapper .custom-table th,\n        #customTabsWrapper .custom-table td,\n        #customTabsWrapper .custom-table tr {\n          display: block !important;\n          width: 100% !important;\n        }\n\n        #customTabsWrapper .custom-table thead {\n          display: none !important;\n        }\n\n        #customTabsWrapper .custom-table tr {\n          margin-bottom: 18px !important;\n          border: 1px solid #ddd !important;\n          padding: 12px !important;\n          background: white !important;\n        }\n\n        #customTabsWrapper .custom-table td {\n          border-bottom: none !important;\n          padding: 8px 0 !important;\n          white-space: normal !important;\n        }\n\n        #customTabsWrapper .custom-table td::before {\n          content: attr(data-label);\n          display: block !important;\n          font-weight: 700 !important;\n          color: var(--active-color, #542d4c) !important;\n          margin-bottom: 4px !important;\n        }\n\n        #customTabsWrapper table {\n          overflow-x: visible !important;\n          white-space: normal !important;\n        }\n\n        #customTabsWrapper .table-filters {\n          display: flex !important;\n          flex-direction: column !important;\n          align-items: stretch !important;\n          justify-content: flex-start !important;\n          width: 100% !important;\n          gap: 14px !important;\n        }\n\n        #customTabsWrapper .filter-group,\n        #customTabsWrapper .search-group {\n          flex: 0 0 auto !important;\n          width: 100% !important;\n          max-width: none !important;\n          margin-left: 0 !important;\n          margin-right: 0 !important;\n        }\n\n        #customTabsWrapper .table-filter {\n          width: 100% !important;\n          box-sizing: border-box !important;\n        }\n\n        #customTabsWrapper .stage-legend {\n          display: flex !important;\n          flex-direction: column !important;\n          align-items: flex-start !important;\n          gap: 14px !important;\n          width: 100% !important;\n        }\n\n        #customTabsWrapper .stage-legend-item {\n          display: flex !important;\n          flex-direction: row !important;\n          align-items: center !important;\n          justify-content: flex-start !important;\n          width: 100% !important;\n          gap: 12px !important;\n          padding-right: 0px !important;\n        }\n      }\n    <\/style>\n  <\/head>\n\n  <body>\n    <div\n      id=\"customTabsWrapper\"\n      class=\"custom-tabs-wrapper\"\n      data-theme=\"project\"\n    >\n      <div id=\"mainTabs\" class=\"main-tabs\"><\/div>\n      <div id=\"tabContent\"><\/div>\n    <\/div>\n\n    <script src=\"https:\/\/code.jquery.com\/jquery-3.7.1.min.js\"><\/script>\n    <script src=\"https:\/\/cdn.datatables.net\/1.13.8\/js\/jquery.dataTables.min.js\"><\/script>\n    <script src=\"https:\/\/cdn.jsdelivr.net\/npm\/papaparse@5.4.1\/papaparse.min.js\"><\/script>\n\n    <script>\n      document.addEventListener(\"DOMContentLoaded\", function () {\n        Papa.parse(\n          \"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/adaptation-table.csv?v=\" +\n            Date.now(),\n          {\n            download: true,\n            header: true,\n            skipEmptyLines: true,\n            transformHeader: (h) =>\n              h\n                .replace(\/^\\uFEFF\/, \"\")\n                .replace(\/\\u00A0\/g, \" \")\n                .trim()\n                .replace(\/\\s+\/g, \"\"),\n            transform: (v) => v.trim(),\n            complete: function (results) {\n              buildDynamicTabs(results.data);\n            },\n          },\n        );\n\n        function getCsvValue(row, columnName) {\n          const target = columnName.toLowerCase().replace(\/\\s+\/g, \"\");\n\n          const key = Object.keys(row).find(\n            (k) =>\n              k\n                .replace(\/^\\uFEFF\/, \"\")\n                .trim()\n                .toLowerCase()\n                .replace(\/\\s+\/g, \"\") === target,\n          );\n\n          return key ? String(row[key]).trim() : \"\";\n        }\n\n        function sortableHeader(label) {\n          return `\n            <span class=\"sort-header\">\n              <span>${escapeHtml(label)}<\/span>\n              <span class=\"sort-icon\" aria-hidden=\"true\"><\/span>\n            <\/span>\n          `;\n        }\n\n        function getstageLegend() {\n          return `\n            <div class=\"stage-legend\">\n              <div class=\"stage-legend-item\">\n                ${formatstage(\"Initial\")}\n                <span>Initial<\/span>\n              <\/div>\n\n              <div class=\"stage-legend-item\">\n                ${formatstage(\"Progressing\")}\n                <span>Progressing<\/span>\n              <\/div>\n\n              <div class=\"stage-legend-item\">\n                ${formatstage(\"Transformative\")}\n                <span>Transformative<\/span>\n              <\/div>\n            <\/div>\n          `;\n        }\n\n        function buildDynamicTabs(data) {\n          const mainTabs = document.getElementById(\"mainTabs\");\n          const tabContent = document.getElementById(\"tabContent\");\n          const tabsWrapper = document.getElementById(\"customTabsWrapper\");\n\n          mainTabs.innerHTML = \"\";\n          tabContent.innerHTML = \"\";\n\n          const grouped = {};\n\n          data.forEach((row) => {\n            const level = getCsvValue(row, \"Level\") || \"Other\";\n            const criteria =\n              getCsvValue(row, \"CriteriaTabLabel\") || \"Uncategorized\";\n\n            if (!grouped[level]) grouped[level] = {};\n            if (!grouped[level][criteria]) grouped[level][criteria] = [];\n\n            grouped[level][criteria].push(row);\n          });\n\n          Object.keys(grouped).forEach((level, levelIndex) => {\n            const isSystemLevel = String(level)\n              .toLowerCase()\n              .replace(\/[-_]\/g, \" \")\n              .trim()\n              .includes(\"system\");\n\n            const mainId = \"main-\" + slugify(level) + \"-\" + levelIndex;\n            const theme = getThemeFromLevel(level);\n\n            const mainButton = document.createElement(\"button\");\n            mainButton.type = \"button\";\n            mainButton.className =\n              \"main-tab-btn theme-\" +\n              theme +\n              (levelIndex === 0 ? \" active\" : \"\");\n\n            mainButton.textContent = level;\n            mainButton.dataset.main = mainId;\n            mainButton.dataset.theme = theme;\n            mainTabs.appendChild(mainButton);\n\n            const mainContent = document.createElement(\"div\");\n            mainContent.id = mainId;\n            mainContent.className =\n              \"main-tab-content\" + (levelIndex === 0 ? \" active\" : \"\");\n\n            const subTabs = document.createElement(\"div\");\n            subTabs.className = \"sub-tabs\";\n\n            const subContentWrapper = document.createElement(\"div\");\n\n            Object.keys(grouped[level]).forEach((criteria, criteriaIndex) => {\n              const rows = grouped[level][criteria];\n              const criteriaDescription = getCsvValue(\n                rows[0],\n                \"CriteriaDescription\",\n              );\n\n              const criteriaTabLabel =\n                rows\n                  .map((row) => getCsvValue(row, \"CriteriaTabLabel\"))\n                  .find(Boolean) || criteria;\n\n              const criteriaDisplayTitle =\n                rows\n                  .map((row) => getCsvValue(row, \"CriteriaDisplayTitle\"))\n                  .find(Boolean) || criteria;\n\n              const subId =\n                mainId + \"-sub-\" + slugify(criteria) + \"-\" + criteriaIndex;\n\n              const tableId = subId + \"-table\";\n              const instrumentFilterId = subId + \"-instrument-filter\";\n              const stageFilterId = subId + \"-stage-filter\";\n\n              const subButton = document.createElement(\"button\");\n              subButton.type = \"button\";\n              subButton.className =\n                \"sub-tab-btn theme-\" +\n                theme +\n                (criteriaIndex === 0 ? \" active\" : \"\");\n\n              subButton.textContent = criteriaTabLabel;\n              subButton.dataset.sub = subId;\n              subTabs.appendChild(subButton);\n\n              const subContent = document.createElement(\"div\");\n              subContent.id = subId;\n              subContent.className =\n                \"sub-tab-content\" + (criteriaIndex === 0 ? \" active\" : \"\");\n\n              const headers = isSystemLevel\n                ? `\n                  <th>${sortableHeader(\"Stage\")}<\/th>\n                  <th>${sortableHeader(\"Description\")}<\/th>\n                `\n                : `\n                  <th>${sortableHeader(\"Tool\")}<\/th>\n                                    <th>${sortableHeader(\"Stage\")}<\/th>\n\n                  <th>${sortableHeader(\"Description\")}<\/th>\n                `;\n\n              const filterToolbar = isSystemLevel\n                ? \"\"\n                : `\n                  <div class=\"table-filters\">\n                    <div class=\"filter-group\">\n                      <label for=\"${instrumentFilterId}\">Tool<\/label>\n                      <select id=\"${instrumentFilterId}\" class=\"table-filter\">\n                        <option value=\"\">All tools<\/option>\n                      <\/select>\n                    <\/div>\n\n                    <div class=\"filter-group\">\n                      <label for=\"${stageFilterId}\">Stage<\/label>\n                      <select id=\"${stageFilterId}\" class=\"table-filter\">\n                        <option value=\"\">All stages<\/option>\n                      <\/select>\n                    <\/div>\n                  <\/div>\n                `;\n\n              const bodyRows = rows\n                .map((row) => {\n                  const instrument = getCsvValue(row, \"Instrument\");\n                  const stage = getCsvValue(row, \"Stage\");\n                  const description = getCsvValue(row, \"Description\");\n\n                  if (isSystemLevel) {\n                    return `\n                      <tr>\n                        <td data-label=\"Stage\" data-search=\"${escapeHtml(stage)}\" data-order=\"${getstageScore(stage)}\">\n                          ${formatstage(stage)}\n                        <\/td>\n                        <td data-label=\"Description\">${formatBulletDescription(description)}<\/td>\n                      <\/tr>\n                    `;\n                  }\n\n                  return `\n                    <tr>\n                      <td data-label=\"Tool\">${escapeHtml(instrument)}<\/td>\n                      <td data-label=\"Stage\" data-search=\"${escapeHtml(stage)}\" data-order=\"${getstageScore(stage)}\">\n                        ${formatstage(stage)}\n                      <\/td>\n                      <td data-label=\"Description\">${escapeHtml(description)}<\/td>\n                    <\/tr>\n                  `;\n                })\n                .join(\"\");\n\n              subContent.innerHTML = `\n                <div class=\"subtab-intro\">\n                  <h2>${escapeHtml(criteriaDisplayTitle)}<\/h2>\n                  <p>${escapeHtml(criteriaDescription)}<\/p>\n                <\/div>\n                ${filterToolbar}\n\n                ${getstageLegend()}\n\n                <table id=\"${tableId}\" class=\"display custom-table\">\n                  <thead>\n                    <tr>${headers}<\/tr>\n                  <\/thead>\n                  <tbody>${bodyRows}<\/tbody>\n                <\/table>\n              `;\n\n              subContentWrapper.appendChild(subContent);\n\n              setTimeout(() => {\n                const table = $(\"#\" + tableId).DataTable({\n                  pageLength: 10,\n                  lengthChange: false,\n                  info: false,\n                  dom: \"rtp\",\n                  order: isSystemLevel\n                    ? [[0, \"asc\"]]\n                    : [\n                        [0, \"asc\"],\n                        [1, \"asc\"],\n                      ],\n                });\n\n                if (!isSystemLevel) {\n                  buildTableFilters(table, instrumentFilterId, stageFilterId);\n                }\n              }, 0);\n            });\n\n            mainContent.appendChild(subTabs);\n            mainContent.appendChild(subContentWrapper);\n            tabContent.appendChild(mainContent);\n          });\n\n          const firstMainButton = document.querySelector(\n            \".main-tab-btn.active\",\n          );\n\n          if (firstMainButton) {\n            tabsWrapper.dataset.theme = firstMainButton.dataset.theme;\n          }\n\n          activateTabs();\n        }\n\n        function buildTableFilters(table, instrumentFilterId, stageFilterId) {\n          buildColumnFilter(table, instrumentFilterId, 0);\n          buildColumnFilter(table, stageFilterId, 1);\n        }\n\n        function buildColumnFilter(table, filterId, columnIndex) {\n          const filter = $(\"#\" + filterId);\n          const values = [];\n\n          table\n            .column(columnIndex)\n            .data()\n            .each(function (value) {\n              const cleanValue = $(\"<div>\").html(value).text().trim();\n\n              if (cleanValue && !values.includes(cleanValue)) {\n                values.push(cleanValue);\n              }\n            });\n\n          const orderedValues =\n            columnIndex === 1\n              ? [\"Initial\", \"Progressing\", \"Transformative\"].filter((v) =>\n                  values.includes(v),\n                )\n              : values.sort();\n\n          orderedValues.forEach(function (value) {\n            filter.append(\n              `<option value=\"${escapeHtml(value)}\">${getstageFilterLabel(value)}<\/option>`,\n            );\n          });\n\n          filter.on(\"change\", function () {\n            const val = $.fn.dataTable.util.escapeRegex($(this).val());\n\n            table\n              .column(columnIndex)\n              .search(val ? \"^\" + val + \"$\" : \"\", true, false)\n              .draw();\n          });\n        }\n\n        function getstageScore(value) {\n          const clean = String(value || \"\")\n            .toLowerCase()\n            .trim();\n\n          if (clean.includes(\"transformative\")) return 3;\n          if (clean.includes(\"progressing\")) return 2;\n          if (clean.includes(\"initial\")) return 1;\n\n          return 0;\n        }\n\n        function getstageFilterLabel(value) {\n          const score = getstageScore(value);\n\n          if (!score) return escapeHtml(value);\n\n          const circles = {\n            1: \"\u25cb\",\n            2: \"\u25ce\",\n            3: \"\u25c9\",\n          };\n\n          return `${circles[score]} ${escapeHtml(value)}`;\n        }\n\n        function formatstage(value) {\n          const label = String(value || \"\").trim();\n          const score = getstageScore(label);\n\n          if (!score) return escapeHtml(label);\n\n          return `\n    <span\n      class=\"stage-rating\"\n      title=\"${escapeHtml(label)}\"\n      aria-label=\"${escapeHtml(label)}\"\n      role=\"img\"\n    >\n      <span class=\"stage-circle\" aria-hidden=\"true\">\n        ${[1, 2, 3]\n          .slice(0, score)\n          .map((i) => `<span class=\"stage-ring stage-ring-${i}\"><\/span>`)\n          .join(\"\")}\n      <\/span>\n      <span class=\"sr-only\">${escapeHtml(label)}<\/span>\n    <\/span>\n  `;\n        }\n\n        function getThemeFromLevel(level) {\n          const cleanLevel = String(level)\n            .toLowerCase()\n            .replace(\/[-_]\/g, \" \")\n            .trim();\n\n          if (cleanLevel.includes(\"project\")) return \"project\";\n          if (cleanLevel.includes(\"market\")) return \"market\";\n          if (cleanLevel.includes(\"system\")) return \"system\";\n\n          return \"project\";\n        }\n\n        function formatBulletDescription(value) {\n          if (!value) return \"\";\n\n          const items = String(value)\n            .split(\/\\r?\\n\/)\n            .map((item) => item.trim())\n            .filter(Boolean);\n\n          if (items.length <= 1) {\n            return escapeHtml(value);\n          }\n\n          return `\n            <ul>\n              ${items.map((item) => `<li>${escapeHtml(item)}<\/li>`).join(\"\")}\n            <\/ul>\n          `;\n        }\n\n        function activateTabs() {\n          document.querySelectorAll(\".main-tab-btn\").forEach((button) => {\n            button.addEventListener(\"click\", () => {\n              document\n                .querySelectorAll(\".main-tab-btn\")\n                .forEach((btn) => btn.classList.remove(\"active\"));\n\n              document\n                .querySelectorAll(\".main-tab-content\")\n                .forEach((content) => content.classList.remove(\"active\"));\n\n              button.classList.add(\"active\");\n\n              document.getElementById(\"customTabsWrapper\").dataset.theme =\n                button.dataset.theme;\n\n              document\n                .getElementById(button.dataset.main)\n                .classList.add(\"active\");\n\n              setTimeout(adjustTables, 100);\n            });\n          });\n\n          document.querySelectorAll(\".sub-tab-btn\").forEach((button) => {\n            button.addEventListener(\"click\", () => {\n              const parent = button.closest(\".main-tab-content\");\n\n              parent\n                .querySelectorAll(\".sub-tab-btn\")\n                .forEach((btn) => btn.classList.remove(\"active\"));\n\n              parent\n                .querySelectorAll(\".sub-tab-content\")\n                .forEach((content) => content.classList.remove(\"active\"));\n\n              button.classList.add(\"active\");\n\n              document\n                .getElementById(button.dataset.sub)\n                .classList.add(\"active\");\n\n              setTimeout(adjustTables, 100);\n            });\n          });\n        }\n\n        function adjustTables() {\n          $.fn.dataTable.tables({ visible: true, api: true }).columns.adjust();\n        }\n\n        function slugify(text) {\n          return String(text)\n            .toLowerCase()\n            .replace(\/[^a-z0-9]+\/g, \"-\")\n            .replace(\/(^-|-$)\/g, \"\");\n        }\n\n        function escapeHtml(value) {\n          if (value === undefined || value === null) return \"\";\n\n          return String(value)\n            .replaceAll(\"&\", \"&amp;\")\n            .replaceAll(\"<\", \"&lt;\")\n            .replaceAll(\">\", \"&gt;\")\n            .replaceAll('\"', \"&quot;\")\n            .replaceAll(\"'\", \"&#039;\");\n        }\n      });\n    <\/script>\n  <\/body>\n<\/html>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A decision-support tool helping public finance providers in allocating scarce resources strategically to maximize adaptation and development outcomes.<\/p>\n","protected":false},"author":248,"featured_media":121912,"template":"singular-scrollytelling.php","format":"standard","meta":{"_acf_changed":false},"programs":[1761],"regions":[392],"topics":[1010],"collaborations":[],"class_list":["post-121232","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-climate-finance-tracking","regions-global","topics-adaptation-and-resilience"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Assessing the Quality of Adaptation Finance\u00a0 - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assessing the Quality of Adaptation Finance\u00a0 - CPI\" \/>\n<meta property=\"og:description\" content=\"A decision-support tool helping public finance providers in allocating scarce resources strategically to maximize adaptation and development outcomes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-15T15:44:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Boat-dock-boats-Benin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1328\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/\",\"name\":\"Assessing the Quality of Adaptation Finance\u00a0 - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2000\\\/05\\\/Boat-dock-boats-Benin.jpg\",\"datePublished\":\"2026-06-15T15:39:44+00:00\",\"dateModified\":\"2026-06-15T15:44:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2000\\\/05\\\/Boat-dock-boats-Benin.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2000\\\/05\\\/Boat-dock-boats-Benin.jpg\",\"width\":2000,\"height\":1328},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/quality-of-adaptation-finance\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Assessing the Quality of Adaptation Finance\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Assessing the Quality of Adaptation Finance\u00a0 - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/","og_locale":"pt_BR","og_type":"article","og_title":"Assessing the Quality of Adaptation Finance\u00a0 - CPI","og_description":"A decision-support tool helping public finance providers in allocating scarce resources strategically to maximize adaptation and development outcomes.","og_url":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-06-15T15:44:39+00:00","og_image":[{"width":2000,"height":1328,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Boat-dock-boats-Benin.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"2 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/","url":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/","name":"Assessing the Quality of Adaptation Finance\u00a0 - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Boat-dock-boats-Benin.jpg","datePublished":"2026-06-15T15:39:44+00:00","dateModified":"2026-06-15T15:44:39+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Boat-dock-boats-Benin.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2000\/05\/Boat-dock-boats-Benin.jpg","width":2000,"height":1328},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/quality-of-adaptation-finance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Assessing the Quality of Adaptation Finance\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/248"}],"version-history":[{"count":0,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/121912"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=121232"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=121232"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=121232"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=121232"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=121232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":121697,"date":"2026-06-09T14:01:23","date_gmt":"2026-06-09T14:01:23","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=121697"},"modified":"2026-06-11T17:29:52","modified_gmt":"2026-06-11T17:29:52","slug":"transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/","title":{"rendered":"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Introdu\u00e7\u00e3o<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">O Brasil ocupa uma posi\u00e7\u00e3o singular no cen\u00e1rio global da produ\u00e7\u00e3o de alimentos e, em particular, da pecu\u00e1ria bovina. Nas \u00faltimas d\u00e9cadas, o pa\u00eds consolidou-se como um dos maiores produtores e exportadores de carne do mundo, apoiado em escala produtiva, disponibilidade de terra e capacidade de atender mercados diversos. Essa posi\u00e7\u00e3o de lideran\u00e7a, no entanto, est\u00e1 sendo redefinida. Demandas globais crescentes relacionadas \u00e0 produ\u00e7\u00e3o sustent\u00e1vel, \u00e0 mitiga\u00e7\u00e3o dos impactos clim\u00e1ticos e \u00e0 rastreabilidade da cadeia produtiva v\u00eam se tornando parte estrutural do com\u00e9rcio internacional agropecu\u00e1rio, redesenhando os crit\u00e9rios de competitividade do setor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nesse contexto, <strong>produtividade e sustentabilidade deixam de ser agendas paralelas e tornam-se dimens\u00f5es indissoci\u00e1veis da trajet\u00f3ria futura da pecu\u00e1ria brasileira.<\/strong> O desafio clim\u00e1tico n\u00e3o se imp\u00f5e apenas como um obst\u00e1culo externo ao setor, mas como um elemento central de sua estrat\u00e9gia de crescimento. Consequentemente, a forma como o Brasil responde a esse desafio tem implica\u00e7\u00f5es diretas sobre sua capacidade de manter e fortalecer sua lideran\u00e7a no mercado global de carne.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O metano ocupa posi\u00e7\u00e3o central nesse debate. Trata-se de um g\u00e1s de efeito estufa altamente potente, respons\u00e1vel por uma parcela relevante das emiss\u00f5es brasileiras. Mais de 60% do metano emitido no Brasil prov\u00e9m do setor pecu\u00e1rio, especialmente associado \u00e0 fermenta\u00e7\u00e3o ent\u00e9rica de bovinos de corte e leite (SEEG 2025). Endere\u00e7ar emiss\u00f5es de metano \u00e9 uma oportunidade crucial para o Brasil aumentar a produtividade da pecu\u00e1ria e, ao mesmo tempo, reduzir o impacto ambiental. O pa\u00eds disp\u00f5e de tecnologias produtivas consolidadas, panorama robusto de pol\u00edticas p\u00fablicas e instrumentos de financiamento, assist\u00eancia t\u00e9cnica, al\u00e9m de capacidade avan\u00e7ada de mensura\u00e7\u00e3o e monitoramento, podendo induzir transforma\u00e7\u00f5es em larga escala. Combinados, esses elementos contribuem para acelerar a transi\u00e7\u00e3o da pecu\u00e1ria em dire\u00e7\u00e3o \u00e0 neutralidade de carbono.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 1. <\/strong>Emiss\u00f5es de Metano e de Fermenta\u00e7\u00e3o Ent\u00e9rica no Brasil, 2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"241\" class=\"wp-image-121698\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/F1-Metano.png\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/F1-Metano.png 2082w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/F1-Metano-300x80.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/F1-Metano-1024x274.png 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/F1-Metano-1536x411.png 1536w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/F1-Metano-2048x548.png 2048w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte:<\/strong> CPI\/PUC-Rio com dados do SEEG (2025), 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Neste relat\u00f3rio, pesquisadores do Climate Policy Initiative\/Pontif\u00edcia Universidade Cat\u00f3lica do Rio de Janeiro (CPI\/PUC-Rio) examinam o papel estrat\u00e9gico da pecu\u00e1ria brasileira no contexto de mudan\u00e7as clim\u00e1ticas. A an\u00e1lise identifica as principais fontes de emiss\u00f5es de metano do setor e apresenta um conjunto de solu\u00e7\u00f5es capazes de aumentar a produtividade e reduzir emiss\u00f5es de forma simult\u00e2nea<\/strong>. Pesquisadores discutem como essas solu\u00e7\u00f5es se aplicam a diferentes sistemas produtivos e examinam de que forma pol\u00edticas p\u00fablicas e instrumentos j\u00e1 existentes podem ser mobilizados para viabilizar sua ado\u00e7\u00e3o em larga escala, refor\u00e7ando a posi\u00e7\u00e3o do Brasil como lideran\u00e7a global sustent\u00e1vel no setor pecu\u00e1rio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span class=\"button\"><a href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Transformando-a-Pecuaria-Brasileira.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Leia a publica\u00e7\u00e3o na \u00edntegra<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Este estudo examina o papel estrat\u00e9gico da pecu\u00e1ria brasileira no contexto de mudan\u00e7as clim\u00e1ticas. Pesquisadores identificam as principais fontes de emiss\u00f5es de metano do setor e apresentam um conjunto de solu\u00e7\u00f5es capazes de aumentar a produtividade e reduzir emiss\u00f5es de forma simult\u00e2nea.<\/p>\n","protected":false},"author":265,"featured_media":121543,"template":"","format":"standard","meta":{"_acf_changed":true},"programs":[1241],"regions":[1377],"topics":[1351,1263,1243],"collaborations":[],"class_list":["post-121697","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-brazil-policy-center","regions-brasil","topics-agricultura-sustentavel","topics-pecuaria","topics-uso-da-terra"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano - CPI\" \/>\n<meta property=\"og:description\" content=\"Este estudo examina o papel estrat\u00e9gico da pecu\u00e1ria brasileira no contexto de mudan\u00e7as clim\u00e1ticas. Pesquisadores identificam as principais fontes de emiss\u00f5es de metano do setor e apresentam um conjunto de solu\u00e7\u00f5es capazes de aumentar a produtividade e reduzir emiss\u00f5es de forma simult\u00e2nea.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-11T17:29:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_66553409_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/\",\"name\":\"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Depositphotos_66553409_L.jpg\",\"datePublished\":\"2026-06-09T14:01:23+00:00\",\"dateModified\":\"2026-06-11T17:29:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Depositphotos_66553409_L.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Depositphotos_66553409_L.jpg\",\"width\":2000,\"height\":1333},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/","og_locale":"pt_BR","og_type":"article","og_title":"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano - CPI","og_description":"Este estudo examina o papel estrat\u00e9gico da pecu\u00e1ria brasileira no contexto de mudan\u00e7as clim\u00e1ticas. Pesquisadores identificam as principais fontes de emiss\u00f5es de metano do setor e apresentam um conjunto de solu\u00e7\u00f5es capazes de aumentar a produtividade e reduzir emiss\u00f5es de forma simult\u00e2nea.","og_url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-06-11T17:29:52+00:00","og_image":[{"width":2000,"height":1333,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_66553409_L.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/","name":"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_66553409_L.jpg","datePublished":"2026-06-09T14:01:23+00:00","dateModified":"2026-06-11T17:29:52+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_66553409_L.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Depositphotos_66553409_L.jpg","width":2000,"height":1333},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/transformando-a-pecuaria-brasileira-ganhos-de-produtividade-e-reducoes-nas-emissoes-de-metano\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Transformando a Pecu\u00e1ria Brasileira: Ganhos de Produtividade e Redu\u00e7\u00f5es nas Emiss\u00f5es de Metano"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/265"}],"version-history":[{"count":0,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/121543"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=121697"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=121697"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=121697"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=121697"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=121697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":121469,"date":"2026-06-01T20:43:39","date_gmt":"2026-06-01T20:43:39","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=121469"},"modified":"2026-07-14T19:43:42","modified_gmt":"2026-07-14T19:43:42","slug":"o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/","title":{"rendered":"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030"},"content":{"rendered":"\n<section class=\"cpi-roadmap-hero\" aria-labelledby=\"cpi-roadmap-hero-title\">\n  <style>\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Playfair+Display:ital,wght@0,500;0,700;0,900;1,500;1,700&family=DM+Sans:opsz,wght@9..40,300;9..40,400;9..40,500;9..40,600;9..40,700&display=swap');\n\n    .cpi-roadmap-hero,\n    .cpi-roadmap-hero * {\n      box-sizing: border-box;\n    }\n\n    .cpi-roadmap-hero {\n      --rm-navy-deep: #0B1230;\n      --rm-navy-card: rgba(13, 22, 58, 0.78);\n      --rm-navy-border: rgba(130, 150, 255, 0.22);\n      --rm-forest: #2B5536;\n      --rm-forest-mid: #3A7048;\n      --rm-forest-light: #A8D5B5;\n      --rm-white: #FFFFFF;\n\n      position: relative;\n      min-height: 100vh;\n      overflow: hidden;\n      isolation: isolate;\n      background: var(--rm-navy-deep);\n      color: var(--rm-white);\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif;\n      line-height: 1.5;\n    }\n\n    .cpi-roadmap-hero a,\n    .cpi-roadmap-hero button {\n      font-family: inherit;\n    }\n\n    .cpi-roadmap-hero__video-wrap {\n      position: absolute;\n      inset: 0;\n      z-index: -3;\n      overflow: hidden;\n      background: var(--rm-navy-deep);\n    }\n\n    .cpi-roadmap-hero__video {\n      position: absolute;\n      inset: 0;\n      width: 100%;\n      height: 100%;\n      object-fit: cover;\n      object-position: center center;\n      pointer-events: none;\n      filter: saturate(0.9) contrast(1.08);\n    }\n\n    .cpi-roadmap-hero__fallback {\n      position: absolute;\n      inset: 0;\n      z-index: -4;\n      background:\n        linear-gradient(160deg, rgba(11,18,48,0.88), rgba(20,54,38,0.72)),\n        url(\"https:\/\/images.unsplash.com\/photo-1448375240586-882707db888b?w=1800&q=85\") center\/cover no-repeat;\n    }\n\n    .cpi-roadmap-hero__overlay {\n      position: absolute;\n      inset: 0;\n      z-index: -2;\n      pointer-events: none;\n      background:\n        radial-gradient(ellipse at 38% 46%, rgba(11, 18, 48, 0.08) 0%, rgba(11, 18, 48, 0.36) 54%, rgba(11, 18, 48, 0.70) 100%),\n        linear-gradient(to top, rgba(6, 11, 34, 0.98) 0%, rgba(6, 11, 34, 0.76) 18%, rgba(6, 11, 34, 0.36) 52%, rgba(6, 11, 34, 0.70) 100%),\n        linear-gradient(to right, rgba(6, 11, 34, 0.76) 0%, rgba(6, 11, 34, 0.42) 42%, rgba(6, 11, 34, 0.72) 100%);\n    }\n\n    .cpi-roadmap-hero__vignette {\n      position: absolute;\n      inset: 0;\n      z-index: -1;\n      pointer-events: none;\n      box-shadow:\n        inset 0 -180px 180px rgba(5, 9, 28, 0.92),\n        inset 0 0 140px rgba(5, 9, 28, 0.85);\n    }\n\n    .cpi-roadmap-hero__inner {\n      min-height: 100vh;\n      width: min(1200px, calc(100% - 48px));\n      margin: 0 auto;\n      display: flex;\n      align-items: center;\n      padding: 72px 0 76px;\n    }\n\n    .cpi-roadmap-hero__grid {\n      width: 100%;\n      display: grid;\n      grid-template-columns: minmax(0, 1fr) 360px;\n      gap: clamp(48px, 7vw, 88px);\n      align-items: center;\n    }\n\n    .cpi-roadmap-hero__content {\n      max-width: 720px;\n    }\n\n    .cpi-roadmap-hero__badge {\n      display: inline-flex;\n      align-items: center;\n      gap: 9px;\n      margin-bottom: 28px;\n      padding: 5px 15px;\n      border-radius: 999px;\n      background: rgba(58, 112, 72, 0.46);\n      border: 1px solid rgba(122, 184, 137, 0.42);\n      color: rgba(218, 241, 224, 0.86);\n      font-size: 11px;\n      font-weight: 700;\n      letter-spacing: 0.14em;\n      line-height: 1;\n      text-transform: uppercase;\n    }\n\n    .cpi-roadmap-hero__badge-dot {\n      width: 7px;\n      height: 7px;\n      border-radius: 999px;\n      background: #74D987;\n      box-shadow: 0 0 0 0 rgba(116, 217, 135, 0.7);\n      animation: cpiRoadmapPulse 2.2s ease-in-out infinite;\n      flex: 0 0 auto;\n    }\n\n    @keyframes cpiRoadmapPulse {\n      0%, 100% {\n        opacity: 1;\n        transform: scale(1);\n        box-shadow: 0 0 0 0 rgba(116, 217, 135, 0.48);\n      }\n      50% {\n        opacity: .55;\n        transform: scale(1.5);\n        box-shadow: 0 0 0 8px rgba(116, 217, 135, 0);\n      }\n    }\n\n    .cpi-roadmap-hero__title {\n      max-width: 780px;\n      margin: 0;\n      font-family: \"Playfair Display\", Georgia, serif;\n      font-size: clamp(46px, 5.15vw, 76px);\n      font-weight: 700;\n      line-height: 1.02;\n      letter-spacing: -0.035em;\n      color: var(--rm-white);\n      text-shadow: 0 2px 28px rgba(0, 0, 0, 0.42);\n    }\n\n    .cpi-roadmap-hero__title em {\n      color: var(--rm-forest-light);\n      font-style: italic;\n      font-weight: 500;\n    }\n\n    .cpi-roadmap-hero__body {\n      max-width: 700px;\n      margin: 28px 0 0;\n      color: rgba(255, 255, 255, 0.66);\n      font-size: clamp(16px, 1.05vw, 18px);\n      font-weight: 300;\n      line-height: 1.78;\n      text-shadow: 0 2px 14px rgba(0, 0, 0, 0.24);\n    }\n\n    .cpi-roadmap-hero__actions {\n      margin-top: 38px;\n    }\n\n    .cpi-roadmap-hero__download {\n      display: inline-flex;\n      align-items: center;\n      justify-content: center;\n      gap: 10px;\n      min-height: 48px;\n      padding: 14px 31px;\n      border: 0;\n      border-radius: 7px;\n      background: var(--rm-forest-mid);\n      color: var(--rm-white);\n      font-size: 14px;\n      font-weight: 700;\n      text-decoration: none;\n      cursor: pointer;\n      transition: transform .22s ease, background .22s ease, box-shadow .22s ease;\n      box-shadow: 0 16px 34px rgba(0, 0, 0, 0.20);\n    }\n\n    .cpi-roadmap-hero__download:hover,\n    .cpi-roadmap-hero__download:focus-visible {\n      background: var(--rm-forest);\n      color: var(--rm-white);\n      transform: translateY(-2px);\n      box-shadow: 0 20px 38px rgba(0, 0, 0, 0.26);\n      outline: none;\n      text-decoration: none;\n    }\n\n    .cpi-roadmap-hero__stats {\n      display: flex;\n      gap: 0;\n      margin-top: 78px;\n      padding-top: 28px;\n      border-top: 1px solid rgba(255, 255, 255, 0.11);\n    }\n\n    .cpi-roadmap-hero__stat {\n      flex: 1;\n      min-width: 0;\n      padding-right: 28px;\n      margin-right: 28px;\n      border-right: 1px solid rgba(255, 255, 255, 0.10);\n    }\n\n    .cpi-roadmap-hero__stat:last-child {\n      padding-right: 0;\n      margin-right: 0;\n      border-right: 0;\n    }\n\n    .cpi-roadmap-hero__stat-number {\n      display: block;\n      font-family: \"Playfair Display\", Georgia, serif;\n      font-size: clamp(32px, 2.4vw, 43px);\n      font-weight: 700;\n      line-height: .94;\n      letter-spacing: -0.035em;\n      color: rgba(255, 255, 255, 0.96);\n    }\n\n    .cpi-roadmap-hero__stat-label {\n      margin-top: 7px;\n      color: rgba(255, 255, 255, 0.38);\n      font-size: 11px;\n      font-weight: 500;\n      line-height: 1.25;\n    }\n\n    .cpi-roadmap-hero__card {\n      width: 100%;\n      padding: 28px 26px;\n      border-radius: 16px;\n      background: var(--rm-navy-card);\n      border: 1px solid var(--rm-navy-border);\n      box-shadow: 0 24px 70px rgba(0, 0, 0, 0.26);\n      backdrop-filter: blur(18px);\n      -webkit-backdrop-filter: blur(18px);\n    }\n\n    .cpi-roadmap-hero__card-title {\n      margin-bottom: 18px;\n      color: rgba(168, 213, 181, 0.68);\n      font-size: 10px;\n      font-weight: 800;\n      letter-spacing: 0.18em;\n      text-transform: uppercase;\n    }\n\n    .cpi-roadmap-hero__step {\n      display: flex;\n      align-items: flex-start;\n      gap: 13px;\n      padding: 12px 0;\n      border-bottom: 1px solid rgba(255, 255, 255, 0.065);\n    }\n\n    .cpi-roadmap-hero__step:last-child {\n      border-bottom: 0;\n      padding-bottom: 0;\n    }\n\n    .cpi-roadmap-hero__step-dot {\n      width: 28px;\n      height: 28px;\n      margin-top: 1px;\n      border-radius: 999px;\n      flex-shrink: 0;\n      display: flex;\n      align-items: center;\n      justify-content: center;\n      font-size: 11px;\n      font-weight: 700;\n    }\n\n    .cpi-roadmap-hero__step-dot--done {\n      background: var(--rm-forest-mid);\n      color: white;\n    }\n\n    .cpi-roadmap-hero__step-dot--now {\n      background: #26378C;\n      color: white;\n      box-shadow: 0 0 0 3px rgba(122, 153, 255, 0.24);\n    }\n\n    .cpi-roadmap-hero__step-dot--soon {\n      background: rgba(255, 255, 255, 0.045);\n      border: 1px solid rgba(255, 255, 255, 0.11);\n      color: rgba(255, 255, 255, 0.27);\n    }\n\n    .cpi-roadmap-hero__step-label {\n      color: rgba(255, 255, 255, 0.82);\n      font-size: 12px;\n      font-weight: 700;\n      line-height: 1.28;\n    }\n\n    .cpi-roadmap-hero__step-label--muted {\n      color: rgba(255, 255, 255, 0.38);\n    }\n\n    .cpi-roadmap-hero__step-date {\n      margin-top: 2px;\n      color: rgba(255, 255, 255, 0.32);\n      font-size: 10px;\n      line-height: 1.3;\n    }\n\n    .cpi-roadmap-hero__step-badge {\n      display: inline-flex;\n      margin-top: 7px;\n      padding: 3px 10px;\n      border-radius: 999px;\n      font-size: 9.5px;\n      font-weight: 800;\n      letter-spacing: 0.06em;\n      line-height: 1.2;\n      text-transform: uppercase;\n    }\n\n    .cpi-roadmap-hero__step-badge--done {\n      background: rgba(58, 112, 72, 0.40);\n      color: #A8D5B5;\n    }\n\n    .cpi-roadmap-hero__step-badge--now {\n      background: rgba(38, 55, 140, 0.72);\n      color: #A9BBFF;\n      border: 1px solid rgba(122, 153, 255, 0.22);\n    }\n\n    .cpi-roadmap-hero__step-badge--soon {\n      background: rgba(255, 255, 255, 0.055);\n      color: rgba(255, 255, 255, 0.30);\n    }\n\n    .cpi-roadmap-hero__scroll {\n      position: absolute;\n      left: 50%;\n      bottom: 18px !important;\n      z-index: 3;\n      transform: translateX(-50%);\n      display: flex;\n      flex-direction: column;\n      align-items: center;\n      gap: 8px;\n      color: rgba(255, 255, 255, 0.30);\n      font-size: 10px;\n      font-weight: 600;\n      letter-spacing: 0.16em;\n      line-height: 1;\n      text-transform: uppercase;\n      animation: cpiRoadmapFloat 2.6s ease-in-out infinite;\n    }\n\n    .cpi-roadmap-hero__scroll-arrow {\n      width: 19px;\n      height: 19px;\n      border-right: 1.5px solid rgba(255, 255, 255, 0.38);\n      border-bottom: 1.5px solid rgba(255, 255, 255, 0.38);\n      transform: rotate(45deg);\n    }\n\n    @keyframes cpiRoadmapFloat {\n      0%, 100% {\n        opacity: .45;\n        transform: translateX(-50%) translateY(0);\n      }\n      50% {\n        opacity: .95;\n        transform: translateX(-50%) translateY(6px);\n      }\n    }\n\n    @media (max-width: 1020px) {\n      .cpi-roadmap-hero__inner {\n        width: min(100% - 40px, 780px);\n        padding: 72px 0 86px;\n      }\n\n      .cpi-roadmap-hero__grid {\n        grid-template-columns: 1fr;\n        gap: 46px;\n      }\n\n      .cpi-roadmap-hero__card {\n        max-width: 430px;\n      }\n\n      .cpi-roadmap-hero__stats {\n        margin-top: 52px;\n        flex-wrap: wrap;\n        row-gap: 22px;\n      }\n\n      .cpi-roadmap-hero__stat {\n        flex: 0 0 calc(50% - 14px);\n        border-right: 0;\n      }\n    }\n\n    @media (max-width: 620px) {\n      .cpi-roadmap-hero__inner {\n        width: min(100% - 28px, 520px);\n        align-items: flex-start;\n        padding-top: 70px;\n      }\n\n      .cpi-roadmap-hero__title {\n        font-size: clamp(40px, 13vw, 58px);\n      }\n\n      .cpi-roadmap-hero__body {\n        font-size: 15px;\n        line-height: 1.68;\n      }\n\n      .cpi-roadmap-hero__download {\n        width: 100%;\n      }\n\n      .cpi-roadmap-hero__stats {\n        margin-top: 42px;\n        display: grid;\n        grid-template-columns: 1fr 1fr;\n        gap: 22px 18px;\n      }\n\n      .cpi-roadmap-hero__stat {\n        margin: 0;\n        padding: 0;\n      }\n\n      .cpi-roadmap-hero__card {\n        padding: 24px 20px;\n      }\n    }\n\n    @media (prefers-reduced-motion: reduce) {\n      .cpi-roadmap-hero__badge-dot,\n      .cpi-roadmap-hero__scroll {\n        animation: none;\n      }\n\n      .cpi-roadmap-hero__download {\n        transition: none;\n      }\n    }\n\n    \/* Corre\u00e7\u00f5es para WordPress: impedir que o tema sobrescreva fonte, cor e caixa do texto *\/\n    .cpi-roadmap-hero {\n      min-height: 78vh !important;\n      height: auto !important;\n      max-height: none !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n    }\n\n    .cpi-roadmap-hero__inner {\n      min-height: 78vh !important;\n      padding-top: 52px !important;\n      padding-bottom: 58px !important;\n    }\n\n    .cpi-roadmap-hero__title,\n    .cpi-roadmap-hero h1.cpi-roadmap-hero__title {\n      margin: 0 !important;\n      padding: 0 !important;\n      font-family: \"Playfair Display\", Georgia, serif !important;\n      font-size: clamp(32px, 4.5vw, 55px) !important;\n      font-weight: 700 !important;\n      line-height: 1.02 !important;\n      letter-spacing: -0.035em !important;\n      text-transform: none !important;\n      color: #FFFFFF !important;\n      text-shadow: 0 2px 28px rgba(0, 0, 0, 0.42) !important;\n      background: transparent !important;\n      border: 0 !important;\n    }\n\n    .cpi-roadmap-hero__title em,\n    .cpi-roadmap-hero h1.cpi-roadmap-hero__title em {\n      font-family: \"Playfair Display\", Georgia, serif !important;\n      color: #A8D5B5 !important;\n      font-style: italic !important;\n      font-weight: 500 !important;\n      text-transform: none !important;\n      background: transparent !important;\n    }\n\n    .cpi-roadmap-hero__body,\n    .cpi-roadmap-hero p.cpi-roadmap-hero__body {\n      margin: 24px 0 0 !important;\n      padding: 0 !important;\n      max-width: 700px !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n      font-size: clamp(16px, 1.05vw, 18px) !important;\n      font-weight: 300 !important;\n      line-height: 1.78 !important;\n      color: rgba(255, 255, 255, 0.66) !important;\n      text-transform: none !important;\n      text-shadow: 0 2px 14px rgba(0, 0, 0, 0.24) !important;\n      background: transparent !important;\n    }\n\n    .cpi-roadmap-hero__badge,\n    .cpi-roadmap-hero__badge span,\n    .cpi-roadmap-hero__download,\n    .cpi-roadmap-hero__stat-label,\n    .cpi-roadmap-hero__card,\n    .cpi-roadmap-hero__card * {\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n    }\n\n    .cpi-roadmap-hero__badge {\n      color: rgba(218, 241, 224, 0.86) !important;\n      text-transform: uppercase !important;\n    }\n\n    .cpi-roadmap-hero__download {\n      color: #FFFFFF !important;\n      background: #3A7048 !important;\n      text-decoration: none !important;\n      text-transform: none !important;\n    }\n\n    .cpi-roadmap-hero__download:hover,\n    .cpi-roadmap-hero__download:focus-visible {\n      color: #FFFFFF !important;\n      background: #2B5536 !important;\n      text-decoration: none !important;\n    }\n\n    .cpi-roadmap-hero__stat-number {\n      font-family: \"Playfair Display\", Georgia, serif !important;\n      color: rgba(255, 255, 255, 0.96) !important;\n    }\n\n    .cpi-roadmap-hero__stat-label {\n      color: rgba(255, 255, 255, 0.38) !important;\n      text-transform: none !important;\n    }\n\n    .cpi-roadmap-hero__actions {\n      margin-top: 34px !important;\n    }\n\n    .cpi-roadmap-hero__stats {\n      margin-top: 50px !important;\n      padding-top: 15px !important;\n    }\n\n    .cpi-roadmap-hero__card-title {\n      color: rgba(168, 213, 181, 0.68) !important;\n      text-transform: uppercase !important;\n    }\n\n    .cpi-roadmap-hero__step-label {\n      color: rgba(255, 255, 255, 0.82) !important;\n      text-transform: none !important;\n    }\n\n    .cpi-roadmap-hero__step-label--muted {\n      color: rgba(255, 255, 255, 0.38) !important;\n    }\n\n    .cpi-roadmap-hero__step-date {\n      color: rgba(255, 255, 255, 0.32) !important;\n    }\n\n    @media (max-width: 1020px) {\n      .cpi-roadmap-hero,\n      .cpi-roadmap-hero__inner {\n        min-height: auto !important;\n      }\n\n      .cpi-roadmap-hero__inner {\n        padding-top: 64px !important;\n        padding-bottom: 72px !important;\n      }\n    }\n\n    @media (max-width: 620px) {\n      .cpi-roadmap-hero__title,\n      .cpi-roadmap-hero h1.cpi-roadmap-hero__title {\n        font-size: clamp(40px, 13vw, 58px) !important;\n      }\n    }\n\n\n    \/* Full-bleed no WordPress: faz o hero escapar do container da publica\u00e7\u00e3o *\/\n    .cpi-roadmap-hero {\n      width: 100vw !important;\n      max-width: 100vw !important;\n      margin-left: calc(50% - 50vw) !important;\n      margin-right: calc(50% - 50vw) !important;\n      left: auto !important;\n      right: auto !important;\n    }\n\n    \/* Remove espa\u00e7amentos herdados do bloco HTML, quando o tema aplica margin\/padding *\/\n    .wp-block-html:has(.cpi-roadmap-hero),\n    .entry-content > .wp-block-html:has(.cpi-roadmap-hero),\n    .post-content > .wp-block-html:has(.cpi-roadmap-hero),\n    .content-area .wp-block-html:has(.cpi-roadmap-hero) {\n      margin-left: 0 !important;\n      margin-right: 0 !important;\n      max-width: none !important;\n      width: auto !important;\n      padding-left: 0 !important;\n      padding-right: 0 !important;\n    }\n\n    Esconde a etiqueta sem quebrar a estrutura do hero \n.cpi-roadmap-hero__badge {\n  display: none !important;\n}\n\n\/* For\u00e7a a coluna de texto a se comportar corretamente *\/\n.cpi-roadmap-hero__content {\n  display: block !important;\n  width: 100% !important;\n  max-width: 720px !important;\n  min-width: 0 !important;\n  float: none !important;\n  clear: both !important;\n}\n\n\/* For\u00e7a o t\u00edtulo a ocupar a largura correta *\/\n.cpi-roadmap-hero__title,\n.cpi-roadmap-hero h1.cpi-roadmap-hero__title {\n  display: block !important;\n  width: 100% !important;\n  max-width: 780px !important;\n  min-width: 0 !important;\n  float: none !important;\n  clear: both !important;\n  margin: 0 !important;\n  padding: 0 !important;\n  text-align: left !important;\n  white-space: normal !important;\n  word-break: normal !important;\n  overflow-wrap: normal !important;\n}\n\n\/* For\u00e7a o par\u00e1grafo a ficar abaixo do t\u00edtulo *\/\n.cpi-roadmap-hero__body,\n.cpi-roadmap-hero p.cpi-roadmap-hero__body {\n  display: block !important;\n  width: 100% !important;\n  max-width: 700px !important;\n  float: none !important;\n  clear: both !important;\n  margin-top: 28px !important;\n}\n\n\/* For\u00e7a bot\u00e3o e m\u00e9tricas a ficarem abaixo do texto *\/\n.cpi-roadmap-hero__actions,\n.cpi-roadmap-hero__stats {\n  display: flex !important;\n  float: none !important;\n  clear: both !important;\n}\n\/* Esconde o bot\u00e3o de download sem alterar a estrutura do hero *\/\n.cpi-roadmap-hero__actions {\n  display: none !important;\n}\n\n\/* Reduz o espa\u00e7o entre o texto e os indicadores *\/\n.cpi-roadmap-hero__stats {\n  margin-top: 48px !important;\n}\n  <\/style>\n\n  <div class=\"cpi-roadmap-hero__video-wrap\" aria-hidden=\"true\">\n    <div class=\"cpi-roadmap-hero__fallback\"><\/div>\n\n    <video class=\"cpi-roadmap-hero__video\" autoplay=\"\" muted=\"\" loop=\"\" playsinline=\"\" preload=\"auto\" poster=\"https:\/\/images.unsplash.com\/photo-1448375240586-882707db888b?w=1800&amp;q=85\">\n      <source src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2025\/09\/hero-forest2.webm\" type=\"video\/webm\">\n      <source src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2025\/09\/hero-forest2.mp4\" type=\"video\/mp4\">\n    <\/video>\n  <\/div>\n\n  <div class=\"cpi-roadmap-hero__overlay\" aria-hidden=\"true\"><\/div>\n  <div class=\"cpi-roadmap-hero__vignette\" aria-hidden=\"true\"><\/div>\n\n  <div class=\"cpi-roadmap-hero__inner\">\n    <div class=\"cpi-roadmap-hero__grid\">\n\n      <div class=\"cpi-roadmap-hero__content\">\n        <div class=\"cpi-roadmap-hero__badge\">\n          <span class=\"cpi-roadmap-hero__badge-dot\" aria-hidden=\"true\"><\/span>\n          <span>Plataforma viva<\/span>\n        <\/div>\n\n        <h1 class=\"cpi-roadmap-hero__title\" id=\"cpi-roadmap-hero-title\">\n          O Mapa do Caminho para <em>Parar e Reverter<\/em> o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030\n        <\/h1>\n\n        <p class=\"cpi-roadmap-hero__body\">\n          Plataforma para atualiza\u00e7\u00f5es sobre o Mapa do Caminho para Deter e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030 \u2014 conectando compromissos globais, implementa\u00e7\u00e3o nacional e coopera\u00e7\u00e3o internacional.\n        <\/p>\n\n        <div class=\"cpi-roadmap-hero__actions\">\n          <a class=\"cpi-roadmap-hero__download\" href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Apresentacao-UNFF.pdf\" download=\"\">\n            <svg width=\"15\" height=\"15\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" aria-hidden=\"true\">\n              <path d=\"M21 15v4a2 2 0 01-2 2H5a2 2 0 01-2-2v-4\"><\/path>\n              <polyline points=\"7 10 12 15 17 10\"><\/polyline>\n              <line x1=\"12\" y1=\"15\" x2=\"12\" y2=\"3\"><\/line>\n            <\/svg>\n            Baixar apresenta\u00e7\u00e3o em PPT\n          <\/a>\n        <\/div>\n\n        <div class=\"cpi-roadmap-hero__stats\" aria-label=\"Indicadores do Roadmap\">\n          <div class=\"cpi-roadmap-hero__stat\">\n            <span class=\"cpi-roadmap-hero__stat-number\">200+<\/span>\n            <div class=\"cpi-roadmap-hero__stat-label\">contribui\u00e7\u00f5es recebidas<\/div>\n          <\/div>\n\n          <div class=\"cpi-roadmap-hero__stat\">\n            <span class=\"cpi-roadmap-hero__stat-number\">50+<\/span>\n            <div class=\"cpi-roadmap-hero__stat-label\">consultas bilaterais<\/div>\n          <\/div>\n\n          <div class=\"cpi-roadmap-hero__stat\">\n            <span class=\"cpi-roadmap-hero__stat-number\">4<\/span>\n            <div class=\"cpi-roadmap-hero__stat-label\">biomas\/ecossistemas florestais<\/div>\n          <\/div>\n\n          <div class=\"cpi-roadmap-hero__stat\">\n            <span class=\"cpi-roadmap-hero__stat-number\">2030<\/span>\n            <div class=\"cpi-roadmap-hero__stat-label\">horizonte de implementa\u00e7\u00e3o<\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n\n      <aside class=\"cpi-roadmap-hero__card\" aria-label=\"Processo de desenvolvimento\">\n        <div class=\"cpi-roadmap-hero__card-title\">Processo de desenvolvimento<\/div>\n\n        <div class=\"cpi-roadmap-hero__step\">\n          <div class=\"cpi-roadmap-hero__step-dot cpi-roadmap-hero__step-dot--done\">\u2713<\/div>\n          <div>\n            <div class=\"cpi-roadmap-hero__step-label\">Desenho inicial e primeiros engajamentos<\/div>\n            <div class=\"cpi-roadmap-hero__step-date\">Fevereiro de 2026<\/div>\n            <span class=\"cpi-roadmap-hero__step-badge cpi-roadmap-hero__step-badge--done\">Conclu\u00eddo<\/span>\n          <\/div>\n        <\/div>\n\n        <div class=\"cpi-roadmap-hero__step\">\n          <div class=\"cpi-roadmap-hero__step-dot cpi-roadmap-hero__step-dot--done\">\u2713<\/div>\n          <div>\n            <div class=\"cpi-roadmap-hero__step-label\">Chamada para contribui\u00e7\u00f5es<\/div>\n            <div class=\"cpi-roadmap-hero__step-date\">Mar\u00e7o de 2026<\/div>\n            <span class=\"cpi-roadmap-hero__step-badge cpi-roadmap-hero__step-badge--done\">Conclu\u00eddo<\/span>\n          <\/div>\n        <\/div>\n\n        <div class=\"cpi-roadmap-hero__step\">\n          <div class=\"cpi-roadmap-hero__step-dot cpi-roadmap-hero__step-dot--done\">\u2713<\/div>\n          <div>\n            <div class=\"cpi-roadmap-hero__step-label\">S\u00edntese das contribui\u00e7\u00f5es<\/div>\n            <div class=\"cpi-roadmap-hero__step-date\">Abril de 2026<\/div>\n            <span class=\"cpi-roadmap-hero__step-badge cpi-roadmap-hero__step-badge--done\">Conclu\u00eddo<\/span>\n          <\/div>\n        <\/div>\n\n        <div class=\"cpi-roadmap-hero__step\">\n          <div class=\"cpi-roadmap-hero__step-dot cpi-roadmap-hero__step-dot--done\">\u2713<\/div>\n          <div>\n            <div class=\"cpi-roadmap-hero__step-label\">Engajamento iterativo<\/div>\n            <div class=\"cpi-roadmap-hero__step-date\">Maio \u2013 Junho de 2026<\/div>\n            <span class=\"cpi-roadmap-hero__step-badge cpi-roadmap-hero__step-badge--done\">Conclu\u00eddo<\/span>\n          <\/div>\n        <\/div>\n\n        <div class=\"cpi-roadmap-hero__step\">\n          <div class=\"cpi-roadmap-hero__step-dot cpi-roadmap-hero__step-dot--now\">5<\/div>\n          <div>\n            <div class=\"cpi-roadmap-hero__step-label\">Consolida\u00e7\u00e3o e reda\u00e7\u00e3o<\/div>\n            <div class=\"cpi-roadmap-hero__step-date\">Julho \u2013 Agosto de 2026<\/div>\n            <span class=\"cpi-roadmap-hero__step-badge cpi-roadmap-hero__step-badge--now\">ETAPA ATUAL<\/span>\n          <\/div>\n        <\/div>\n\n        <div class=\"cpi-roadmap-hero__step\">\n          <div class=\"cpi-roadmap-hero__step-dot cpi-roadmap-hero__step-dot--soon\">6<\/div>\n          <div>\n            <div class=\"cpi-roadmap-hero__step-label cpi-roadmap-hero__step-label--muted\">Lan\u00e7amento e implementa\u00e7\u00e3o<\/div>\n            <div class=\"cpi-roadmap-hero__step-date\">Setembro \u2013 Novembro de 2026<\/div>\n            <span class=\"cpi-roadmap-hero__step-badge cpi-roadmap-hero__step-badge--soon\">Em breve<\/span>\n          <\/div>\n        <\/div>\n      <\/aside>\n\n    <\/div>\n  <\/div>\n\n  <div class=\"cpi-roadmap-hero__scroll\" aria-hidden=\"true\">\n    <div class=\"cpi-roadmap-hero__scroll-arrow\"><\/div>\n    <span>rolar<\/span>\n  <\/div>\n\n  <script>\n    (() => {\n      const hero = document.currentScript.closest(\".cpi-roadmap-hero\");\n      const video = hero ? hero.querySelector(\".cpi-roadmap-hero__video\") : null;\n      if (!video) return;\n\n      video.muted = true;\n      video.loop = true;\n      video.playsInline = true;\n\n      const playPromise = video.play();\n      if (playPromise && typeof playPromise.catch === \"function\") {\n        playPromise.catch(() => {});\n      }\n    })();\n  <\/script>\n<\/section>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-text-color has-link-color roadmap-quote__text has-large-font-size wp-elements-2c7cf157451254761712e869c79db38f wp-block-paragraph\" style=\"color:#111d52\"><em>\u201cNosso objetivo com o Mapa do Caminho \u00e9 ir al\u00e9m dos compromissos e avan\u00e7ar na implementa\u00e7\u00e3o, oferecendo um instrumento pr\u00e1tico, orientado \u00e0 a\u00e7\u00e3o, que os pa\u00edses possam usar para fortalecer suas pol\u00edticas florestais locais.\u201d<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center has-cyan-bluish-gray-color has-text-color has-link-color has-medium-font-size wp-elements-09e5bf26cc8358e45d8d1e3d8b3bf767 wp-block-paragraph\">Embaixador Andr\u00e9 Corr\u00eaa do Lago, Presidente da COP30<\/p>\n\n\n\n<h2 class=\"wp-block-heading is-style-section has-large-font-size\">Sobre o Mapa do caminho<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"wp-block-paragraph\">O&nbsp;<strong>Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030<\/strong>&nbsp;\u00e9 uma iniciativa da Presid\u00eancia da COP30 para apoiar a implementa\u00e7\u00e3o do primeiro Balan\u00e7o Global (GST) do Acordo de Paris. Seu objetivo \u00e9 transformar os resultados relacionados a florestas em a\u00e7\u00f5es coordenadas e lideradas pelos pa\u00edses, respeitando diferentes contextos nacionais, prioridades e desafios de implementa\u00e7\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Mapa do Caminho n\u00e3o constitui um novo processo de negocia\u00e7\u00e3o nem busca reabrir decis\u00f5es j\u00e1 acordadas. Seu prop\u00f3sito \u00e9 organizar compromissos existentes, instrumentos de pol\u00edtica p\u00fablica, mecanismos financeiros e oportunidades de coopera\u00e7\u00e3o em uma <strong>estrutura pr\u00e1tica voltada \u00e0 implementa\u00e7\u00e3o at\u00e9 2030<\/strong>. A iniciativa busca apoiar pa\u00edses na defini\u00e7\u00e3o de prioridades, fortalecimento institucional, mobiliza\u00e7\u00e3o de financiamento e acesso \u00e0 coopera\u00e7\u00e3o t\u00e9cnica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O documento prop\u00f5e uma estrutura flex\u00edvel para que pa\u00edses possam desenvolver seus pr\u00f3prios mapas do caminho nacionais de florestas, com base em diagn\u00f3sticos nacionais, instrumentos j\u00e1 existentes e a\u00e7\u00f5es necess\u00e1rias para alcan\u00e7ar resultados concretos at\u00e9 2030. A proposta reconhece a<strong> diversidade de realidades florestais<\/strong>, incluindo desafios relacionados ao <strong>desmatamento, degrada\u00e7\u00e3o, restaura\u00e7\u00e3o, manejo sustent\u00e1vel, bioeconomia, agroflorestas e conserva\u00e7\u00e3o<\/strong> e busca identificar aprendizados comuns e necessidades de coopera\u00e7\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A&nbsp;<strong>continuidade at\u00e9 2030<\/strong>&nbsp;\u00e9 um elemento central da iniciativa. Interromper e reverter o desmatamento exige implementa\u00e7\u00e3o sustentada, marcos peri\u00f3dicos, alinhamento com as NDCs e conex\u00e3o com futuras agendas internacionais, incluindo a COP31 e o segundo Balan\u00e7o Global.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Mapa do Caminho \u00e9 liderado pela&nbsp;<strong>Presid\u00eancia da COP30<\/strong>, com o <strong>Climate Policy Initiative <\/strong>atuando como secretariado e parceiro t\u00e9cnico.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\n<section class=\"roadmap-info-cards\" aria-label=\"Caracter\u00edsticas do Roadmap\">\n  <style>\n    .roadmap-info-cards,\n    .roadmap-info-cards * {\n      box-sizing: border-box !important;\n    }\n\n    .roadmap-info-cards {\n      --roadmap-navy: #10184a;\n      --roadmap-green: #2f6b45;\n      --roadmap-orange: #c8582a;\n      --roadmap-blue: #1f7ca6;\n      --roadmap-border: #d9dce5;\n      --roadmap-text: #222736;\n\n      width: 100% !important;\n      max-width: 720px !important;\n      margin: 0 !important;\n      padding: 0 !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n    }\n\n    .roadmap-info-cards__list {\n      display: block !important;\n      margin: 0 !important;\n      padding: 0 !important;\n      list-style: none !important;\n    }\n\n    .roadmap-info-cards__item {\n      display: block !important;\n      position: relative !important;\n      min-height: 156px !important;\n      margin: 0 0 22px 0 !important;\n      padding: 28px 34px 28px 32px !important;\n      background: #ffffff !important;\n\n      border-top: 1.5px solid var(--roadmap-border) !important;\n      border-right: 1.5px solid var(--roadmap-border) !important;\n      border-bottom: 1.5px solid var(--roadmap-border) !important;\n      border-left-width: 4px !important;\n      border-left-style: solid !important;\n\n      border-radius: 12px !important;\n      box-shadow: 0 1px 2px rgba(16, 24, 74, 0.03) !important;\n      overflow: hidden !important;\n    }\n\n    .roadmap-info-cards__item:last-child {\n      margin-bottom: 0 !important;\n    }\n\n    .roadmap-info-cards__item--green {\n      border-left-color: var(--roadmap-green) !important;\n    }\n\n    .roadmap-info-cards__item--navy {\n      border-left-color: var(--roadmap-navy) !important;\n    }\n\n    .roadmap-info-cards__item--orange {\n      border-left-color: var(--roadmap-orange) !important;\n    }\n\n    .roadmap-info-cards__item--blue {\n      border-left-color: var(--roadmap-blue) !important;\n    }\n\n    .roadmap-info-cards__title {\n      display: block !important;\n      margin: 0 0 12px 0 !important;\n      padding: 0 !important;\n      color: var(--roadmap-navy) !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n      font-size: 15px !important;\n      font-weight: 800 !important;\n      line-height: 1.35 !important;\n      letter-spacing: 0.01em !important;\n      text-transform: none !important;\n      background: transparent !important;\n      border: 0 !important;\n    }\n\n    .roadmap-info-cards__text {\n      display: block !important;\n      margin: 0 !important;\n      padding: 0 !important;\n      color: var(--roadmap-text) !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n      font-size: 16px !important;\n      font-weight: 400 !important;\n      line-height: 1.75 !important;\n      letter-spacing: 0.005em !important;\n      text-transform: none !important;\n      background: transparent !important;\n      border: 0 !important;\n    }\n\n    @media (max-width: 640px) {\n      .roadmap-info-cards {\n        max-width: 100% !important;\n      }\n\n      .roadmap-info-cards__item {\n        min-height: auto !important;\n        margin-bottom: 18px !important;\n        padding: 24px 24px 24px 28px !important;\n      }\n\n      .roadmap-info-cards__text {\n        font-size: 15px !important;\n        line-height: 1.7 !important;\n      }\n    }\n  <\/style>\n\n  <ul class=\"roadmap-info-cards__list\">\n<li class=\"roadmap-info-cards__item roadmap-info-cards__item--orange\">\n      <div class=\"roadmap-info-cards__title\">Processo multissetorial<\/div>\n      <p class=\"roadmap-info-cards__text\">\n        O desenvolvimento envolve governos, organiza\u00e7\u00f5es internacionais, sociedade civil, Povos Ind\u00edgenas, comunidades locais, setor privado, institui\u00e7\u00f5es financeiras e comunidade cient\u00edfica.\n      <\/p>\n    <\/li>\n\n    <li class=\"roadmap-info-cards__item roadmap-info-cards__item--blue\">\n      <div class=\"roadmap-info-cards__title\">Diferentes realidades florestais<\/div>\n      <p class=\"roadmap-info-cards__text\">\n        O Mapa do Caminho foi desenvolvido para dialogar com diferentes realidades ecol\u00f3gicas, contemplando os principais biomas florestais do mundo, incluindo florestas tropicais e subtropicais, temperadas e boreais, al\u00e9m de ecossistemas associados, como manguezais e turfeiras.\n      <\/p>\n    <\/li>\n\n    <li class=\"roadmap-info-cards__item roadmap-info-cards__item--green\">\n      <div class=\"roadmap-info-cards__title\">Implementa\u00e7\u00e3o pr\u00e1tica<\/div>\n      <p class=\"roadmap-info-cards__text\">\n        O Mapa do Caminho n\u00e3o busca reabrir decis\u00f5es j\u00e1 acordadas. Seu prop\u00f3sito \u00e9 organizar compromissos existentes, instrumentos de pol\u00edtica p\u00fablica e mecanismos financeiros em uma estrutura pr\u00e1tica de implementa\u00e7\u00e3o.\n      <\/p>\n    <\/li>\n\n    <li class=\"roadmap-info-cards__item roadmap-info-cards__item--navy\">\n      <div class=\"roadmap-info-cards__title\">Um convite aos pa\u00edses<\/div>\n      <p class=\"roadmap-info-cards__text\">\n        Os pa\u00edses s\u00e3o convidados a desenvolver seus pr\u00f3prios mapas do caminho nacionais, adaptados \u00e0s realidades locais, institui\u00e7\u00f5es existentes e integrados \u00e0s NDCs e estrat\u00e9gias nacionais.\n      <\/p>\n    <\/li>\n    <\/ul>\n<\/section>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading is-style-section has-large-font-size\">Estrutura do Documento<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Parte I &#8211; Por que este Mapa do Caminho \u00e9 necess\u00e1rio<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p class=\"wp-block-paragraph\">A primeira parte do relat\u00f3rio apresenta os fundamentos que justificam a constru\u00e7\u00e3o de um Mapa do Caminho para interromper e reverter o desmatamento e a degrada\u00e7\u00e3o florestal at\u00e9 2030. A perda de florestas vai muito al\u00e9m de uma quest\u00e3o ambiental: ela desencadeia riscos interconectados que afetam a estabilidade clim\u00e1tica, a biodiversidade, a seguran\u00e7a h\u00eddrica, os meios de vida das popula\u00e7\u00f5es, os sistemas alimentares, a infraestrutura e as perspectivas de desenvolvimento sustent\u00e1vel no longo prazo.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Veja abaixo os tr\u00eas principais tipos de riscos sist\u00eamicos associados \u00e0 perda e \u00e0 degrada\u00e7\u00e3o das florestas.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"200\" class=\"wp-image-121548\" style=\"width: 200px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-1.png\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-1.png 1160w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-1-300x300.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-1-1024x1024.png 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-1-150x150.png 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Riscos f\u00edsicos<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><span style=\"color: initial; font-size: revert;\">As florestas s\u00e3o indispens\u00e1veis para a estabilidade clim\u00e1tica, a conserva\u00e7\u00e3o da biodiversidade, a regula\u00e7\u00e3o h\u00eddrica e a integridade dos ecossistemas, enquanto o desmatamento, a degrada\u00e7\u00e3o e as mudan\u00e7as clim\u00e1ticas j\u00e1 est\u00e3o enfraquecendo os sistemas florestais.<\/span><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"200\" class=\"wp-image-121551\" style=\"width: 200px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-2.png\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-2.png 1047w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-2-300x300.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-2-1024x1024.png 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-2-150x150.png 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Riscos sociais<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><span style=\"color: initial; font-size: revert;\">A suspens\u00e3o e a revers\u00e3o da perda florestal s\u00e3o insepar\u00e1veis dos direitos dos povos ind\u00edgenas e das comunidades locais, da posse da terra, dos meios de subsist\u00eancia, da seguran\u00e7a alimentar e da implementa\u00e7\u00e3o inclusiva.<\/span><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"180\" height=\"180\" class=\"wp-image-121554\" style=\"width: 180px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-3.png\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-3.png 951w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-3-300x300.png 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/risco-3-150x150.png 150w\" sizes=\"auto, (max-width: 180px) 100vw, 180px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Riscos econ\u00f4micos<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">A perda florestal gera riscos econ\u00f4micos, na cadeia de abastecimento e na infraestrutura, enquanto a prote\u00e7\u00e3o florestal pode contribuir para economias produtivas e resilientes.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Parte II &#8211; Implementando o Balan\u00e7o Global at\u00e9 2030<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p class=\"wp-block-paragraph\">A segunda parte do documento est\u00e1 organizando em torno de duas dimens\u00f5es complementares: a\u00e7\u00f5es nacionais priorit\u00e1rias e condi\u00e7\u00f5es habilitadoras internacionais.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">A\u00e7\u00f5es Nacionais<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Para transformar compromissos globais em resultados concretos, o Mapa do Caminho organiza a a\u00e7\u00e3o nacional em cinco dimens\u00f5es principais: desmatamento; degrada\u00e7\u00e3o florestal; restaura\u00e7\u00e3o, reflorestamento e florestamento; manejo florestal sustent\u00e1vel, bioeconomia e agroflorestas; e conserva\u00e7\u00e3o florestal. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para cada uma delas, o relat\u00f3rio apresenta os principais desafios, vetores de press\u00e3o e exemplos de pol\u00edticas e instrumentos j\u00e1 adotados em diferentes contextos. Em vez de prescrever solu\u00e7\u00f5es \u00fanicas, oferece um conjunto de abordagens que podem ser adaptadas \u00e0s realidades, capacidades e prioridades de cada pa\u00eds.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"174\" class=\"wp-image-121587\" style=\"width: 300px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Asset-10.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Asset-10.jpg 2425w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Asset-10-300x174.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Asset-10-1024x595.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Asset-10-1536x893.jpg 1536w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Asset-10-2048x1191.jpg 2048w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Desmatamento<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Concentrado e impulsionado por a\u00e7\u00f5es diversas. Existe um conjunto de instrumentos de pol\u00edtica p\u00fablica para combat\u00ea-lo, mas a durabilidade pol\u00edtica \u00e9 um risco.<br><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"160\" class=\"wp-image-121566\" style=\"width: 300px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao-300x160.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao-1024x545.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao-1536x817.jpg 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Degrada\u00e7\u00e3o Florestal<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Uma fonte importante e pouco tratada de emiss\u00f5es, que requer estrat\u00e9gia pr\u00f3pria, defini\u00e7\u00f5es mais claras, monitoramento robusto e respostas espec\u00edficas.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"140\" class=\"wp-image-121563\" style=\"width: 300px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao_1.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao_1.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao_1-300x140.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao_1-1024x476.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/degradacao_1-1536x714.jpg 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Restaura\u00e7\u00e3o, Reflorestamento e Florestamento<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Uma das maiores oportunidades clim\u00e1ticas de curto prazo. A escala depende da qualidade ecol\u00f3gica, adequa\u00e7\u00e3o ao ecossistema, governan\u00e7a local e financiamento duradouro.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"147\" class=\"wp-image-121560\" style=\"width: 300px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/sustentabilidade8.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/sustentabilidade8.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/sustentabilidade8-300x147.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/sustentabilidade8-1024x502.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/sustentabilidade8-1536x753.jpg 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Manejo Florestal Sustent\u00e1vel, Bioeconomia e Agroflorestas<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Uso sustent\u00e1vel como solu\u00e7\u00e3o estrutural. Agroflorestas, silvicultura social e pr\u00e1ticas ind\u00edgenas elevados a estrat\u00e9gias centrais alinhadas \u00e0 prote\u00e7\u00e3o.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"119\" class=\"wp-image-121557\" style=\"width: 500px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/conservacao.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/conservacao.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/conservacao-300x71.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/conservacao-1024x243.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/conservacao-1536x364.jpg 1536w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Conserva\u00e7\u00e3o Florestal<\/strong><\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Florestas em p\u00e9 como ativos estrat\u00e9gicos. A prote\u00e7\u00e3o depende da qualidade da governan\u00e7a, modelos territoriais, gest\u00e3o baseada em direitos e financiamento robusto.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h3 class=\"wp-block-heading\">Condi\u00e7\u00f5es habilitadoras internacionais<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A implementa\u00e7\u00e3o efetiva das a\u00e7\u00f5es para florestas depende n\u00e3o apenas de esfor\u00e7os nacionais, mas tamb\u00e9m de condi\u00e7\u00f5es habilitadoras em n\u00edvel internacional. Por isso, o Mapa do Caminho destaca tr\u00eas frentes complementares: coopera\u00e7\u00e3o t\u00e9cnica, capacita\u00e7\u00e3o e fortalecimento institucional; financiamento, mercados e parcerias; e ajustes regulat\u00f3rios e institucionais internacionais. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Juntas, essas frentes ajudam os pa\u00edses a acessar conhecimento, recursos e instrumentos de governan\u00e7a, promovendo maior alinhamento entre esfor\u00e7os nacionais e internacionais e fortalecendo a capacidade de transformar compromissos em resultados concretos e a\u00e7\u00e3o em escala.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"267\" height=\"205\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/image-5.png\" alt=\"\" class=\"wp-image-121485\" style=\"width:200px\"\/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">Coopera\u00e7\u00e3o T\u00e9cnica, Capacita\u00e7\u00e3o e Fortalecimento Institucional<\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">A implementa\u00e7\u00e3o requer sistemas de monitoramento interoper\u00e1veis, institui\u00e7\u00f5es mais s\u00f3lidas e plataformas pr\u00e1ticas de coopera\u00e7\u00e3o ancoradas na infraestrutura multilateral existente.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"262\" height=\"208\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/image-6.png\" alt=\"\" class=\"wp-image-121488\" style=\"width:200px\"\/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">Financiamento, Mercados e Parcerias<\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">A a\u00e7\u00e3o florestal precisa de uma arquitetura financeira mais adequada, combinando financiamento baseado em resultados, integridade de mercado, acesso direto e instrumentos de gest\u00e3o de longo prazo.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"230\" height=\"215\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/image-8.png\" alt=\"\" class=\"wp-image-121494\" style=\"width:auto;height:150px\"\/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">Ajustes Regulat\u00f3rios e Institucionais Internacionais<\/h4>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Ajustes regulat\u00f3rios internacionais precisam alinhar com\u00e9rcio internacional, preven\u00e7\u00e3o de crimes e prote\u00e7\u00e3o de direitos com os objetivos de deter e reverter a perda florestal.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading is-style-section has-large-font-size\">Processo de desenvolvimento<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"2000\" height=\"982\" class=\"wp-image-122990\" style=\"width: 2000px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/fluxo-PT-julho-site_1.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/fluxo-PT-julho-site_1.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/fluxo-PT-julho-site_1-300x147.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/fluxo-PT-julho-site_1-1024x503.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/fluxo-PT-julho-site_1-1536x754.jpg 1536w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading is-style-section has-large-font-size\">Materiais e Recursos<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p class=\"wp-block-paragraph\">Esta p\u00e1gina funciona como reposit\u00f3rio das principais apresenta\u00e7\u00f5es e materiais t\u00e9cnicos desenvolvidos para apoiar o Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ser\u00e1 atualizada \u00e0 medida que o processo avan\u00e7a.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><\/div>\n<\/div>\n\n\n\n<section class=\"roadmap-materials\" aria-label=\"Materiais do Roadmap\">\n  <style>\n    .roadmap-materials,\n    .roadmap-materials * {\n      box-sizing: border-box !important;\n    }\n\n    .roadmap-materials {\n      --rm-navy: #10184a;\n      --rm-text: #5f667a;\n      --rm-muted: #8c8f98;\n      --rm-border: #e1e3ea;\n      --rm-card-bg: #ffffff;\n      --rm-badge-bg: #eeeae3;\n      --rm-badge-text: #9b988f;\n      --rm-pdf-bg: #f4e8df;\n      --rm-pdf-text: #c8582a;\n      --rm-video-bg: #e7eef4;\n      --rm-video-text: #1f6f9b;\n\n      width: 100% !important;\n      margin: 0 !important;\n      padding: 0 !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n    }\n\n    .roadmap-materials__grid {\n      display: grid !important;\n      grid-template-columns: repeat(3, minmax(0, 1fr)) !important;\n      gap: 26px !important;\n      margin: 0 !important;\n      padding: 0 !important;\n    }\n\n    .roadmap-materials__card {\n      position: relative !important;\n      min-height: 300px !important;\n      padding: 34px 34px 32px !important;\n      border: 1px solid var(--rm-border) !important;\n      border-radius: 12px !important;\n      background: var(--rm-card-bg) !important;\n      box-shadow: 0 1px 2px rgba(16, 24, 74, 0.02) !important;\n      display: flex !important;\n      flex-direction: column !important;\n      justify-content: flex-start !important;\n    }\n\n    .roadmap-materials__card--dark {\n      background: var(--rm-navy) !important;\n      border-color: var(--rm-navy) !important;\n      color: #ffffff !important;\n    }\n\n    .roadmap-materials__badge {\n      position: absolute !important;\n      top: 34px !important;\n      right: 34px !important;\n      display: inline-flex !important;\n      align-items: center !important;\n      justify-content: center !important;\n      min-height: 28px !important;\n      padding: 7px 14px !important;\n      border-radius: 999px !important;\n      background: var(--rm-badge-bg) !important;\n      color: var(--rm-badge-text) !important;\n      font-size: 12px !important;\n      font-weight: 800 !important;\n      line-height: 1 !important;\n      letter-spacing: 0.12em !important;\n      text-transform: uppercase !important;\n      white-space: nowrap !important;\n    }\n\n    .roadmap-materials__badge--pdf {\n      background: var(--rm-pdf-bg) !important;\n      color: var(--rm-pdf-text) !important;\n    }\n\n    .roadmap-materials__badge--video {\n      background: var(--rm-video-bg) !important;\n      color: var(--rm-video-text) !important;\n    }\n\n    .roadmap-materials__title {\n      margin: 80px 0 12px !important;\n      padding: 0 !important;\n      color: var(--rm-navy) !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n      font-size: 18px !important;\n      font-weight: 800 !important;\n      line-height: 1.42 !important;\n      letter-spacing: 0.01em !important;\n      text-transform: none !important;\n      background: transparent !important;\n      border: 0 !important;\n    }\n\n    .roadmap-materials__card--dark .roadmap-materials__title {\n      color: #ffffff !important;\n      margin-top: 80px !important;\n    }\n\n    .roadmap-materials__meta {\n      margin: 0 0 22px !important;\n      padding: 0 !important;\n      color: var(--rm-text) !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n      font-size: 15px !important;\n      font-weight: 400 !important;\n      line-height: 1.6 !important;\n      letter-spacing: 0.005em !important;\n    }\n\n    .roadmap-materials__note {\n      margin: 0 !important;\n      padding: 0 !important;\n      color: var(--rm-muted) !important;\n      font-family: \"DM Sans\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif !important;\n      font-size: 15px !important;\n      font-style: italic !important;\n      font-weight: 400 !important;\n      line-height: 1.7 !important;\n      letter-spacing: 0.005em !important;\n    }\n\n    .roadmap-materials__card--dark .roadmap-materials__meta,\n    .roadmap-materials__card--dark .roadmap-materials__note {\n      color: rgba(255, 255, 255, 0.68) !important;\n    }\n\n    .roadmap-materials__card--dark .roadmap-materials__note {\n      font-style: normal !important;\n    }\n\n    .roadmap-materials__link {\n      color: inherit !important;\n      text-decoration: none !important;\n    }\n\n    .roadmap-materials__link:hover {\n      text-decoration: underline !important;\n      text-underline-offset: 3px !important;\n    }\n\n    @media (max-width: 1020px) {\n      .roadmap-materials__grid {\n        grid-template-columns: repeat(2, minmax(0, 1fr)) !important;\n      }\n    }\n\n    @media (max-width: 680px) {\n      .roadmap-materials__grid {\n        grid-template-columns: 1fr !important;\n        gap: 20px !important;\n      }\n\n      .roadmap-materials__card {\n        min-height: auto !important;\n        padding: 28px 26px !important;\n      }\n\n      .roadmap-materials__badge {\n        top: 28px !important;\n        right: 26px !important;\n      }\n\n      .roadmap-materials__title,\n      .roadmap-materials__card--dark .roadmap-materials__title {\n        margin-top: 64px !important;\n        font-size: 17px !important;\n      }\n    }\n  <\/style>\n\n  <div class=\"roadmap-materials__grid\">\n\n    <article class=\"roadmap-materials__card\">\n      <span class=\"roadmap-materials__badge roadmap-materials__badge--pdf\">PDF<\/span>\n\n      <h3 class=\"roadmap-materials__title\">\n        <a class=\"roadmap-materials__link\" href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/06\/Roadmap-Presentation-at-UNFF21.pdf\" target=\"_blank\" rel=\"noopener\">\n          Apresenta\u00e7\u00e3o do Mapa do Caminho no UNFF21 (maio 2026)\n        <\/a>\n      <\/h3>\n\n      <p class=\"roadmap-materials__meta\">\n        Apresenta\u00e7\u00e3o feita no dia 11 de maio de 2026, na 21\u00aa sess\u00e3o do F\u00f3rum das Na\u00e7\u00f5es Unidas sobre Florestas (UNFF21), na sede das Na\u00e7\u00f5es Unidas em Nova York.\n      <\/p>\n    <\/article>\n\n    <article class=\"roadmap-materials__card\">\n      <span class=\"roadmap-materials__badge roadmap-materials__badge--video\">V\u00eddeo<\/span>\n\n      <h3 class=\"roadmap-materials__title\">\n        <a class=\"roadmap-materials__link\" href=\"https:\/\/webtv.un.org\/en\/asset\/k1w\/k1w44jofgf\" target=\"_blank\" rel=\"noopener\">\n          Outreach Meeting for COP30&#8217;s Roadmap on Halting and Reversing Deforestation and Forest Degradation by 2030\n        <\/a>\n      <\/h3>\n\n      <p class=\"roadmap-materials__meta\">\n        Grava\u00e7\u00e3o do evento dispon\u00edvel na UN Web TV.\n      <\/p>\n    <\/article>\n\n    <article class=\"roadmap-materials__card roadmap-materials__card--dark\">\n      <h3 class=\"roadmap-materials__title\">\n        Mais materiais a caminho\n      <\/h3>\n\n      <p class=\"roadmap-materials__note\">\n        Este reposit\u00f3rio ser\u00e1 continuamente atualizado \u00e0 medida que consultas, workshops e eventos ocorram ao longo de 2026.\n      <\/p>\n    <\/article>\n\n  <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Plataforma de atualiza\u00e7\u00f5es e materiais t\u00e9cnicos do Mapa do Caminho para Deter e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030.<\/p>\n","protected":false},"author":233,"featured_media":121466,"template":"singular-scrollytelling.php","format":"standard","meta":{"_acf_changed":false},"programs":[1241],"regions":[1399],"topics":[1300],"collaborations":[],"class_list":["post-121469","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-brazil-policy-center","regions-global","topics-florestas"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030 - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030 - CPI\" \/>\n<meta property=\"og:description\" content=\"Plataforma de atualiza\u00e7\u00f5es e materiais t\u00e9cnicos do Mapa do Caminho para Deter e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-14T19:43:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_387807042_L-682x1024.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"682\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"9 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/\",\"name\":\"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030 - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_387807042_L.jpg\",\"datePublished\":\"2026-06-01T20:43:39+00:00\",\"dateModified\":\"2026-07-14T19:43:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_387807042_L.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_387807042_L.jpg\",\"width\":1333,\"height\":2000},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030 - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/","og_locale":"pt_BR","og_type":"article","og_title":"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030 - CPI","og_description":"Plataforma de atualiza\u00e7\u00f5es e materiais t\u00e9cnicos do Mapa do Caminho para Deter e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030.","og_url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-07-14T19:43:42+00:00","og_image":[{"width":682,"height":1024,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_387807042_L-682x1024.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"9 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/","name":"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030 - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_387807042_L.jpg","datePublished":"2026-06-01T20:43:39+00:00","dateModified":"2026-07-14T19:43:42+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_387807042_L.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_387807042_L.jpg","width":1333,"height":2000},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/o-mapa-do-caminho-para-parar-e-reverter-o-desmatamento-e-a-degradacao-florestal-ate-2030\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Plataforma do Mapa do Caminho para Parar e Reverter o Desmatamento e a Degrada\u00e7\u00e3o Florestal at\u00e9 2030"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/233"}],"version-history":[{"count":2,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121469\/revisions"}],"predecessor-version":[{"id":123013,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121469\/revisions\/123013"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=121469"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=121469"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=121469"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=121469"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=121469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":121303,"date":"2026-05-25T13:13:40","date_gmt":"2026-05-25T13:13:40","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=121303"},"modified":"2026-06-04T05:39:39","modified_gmt":"2026-06-04T05:39:39","slug":"quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/","title":{"rendered":"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">O Brasil anunciou R$ 89 bilh\u00f5es no Plano Safra 2025\/26 em pol\u00edticas para a agricultura familiar, setor que responde por mais de 75% dos estabelecimentos rurais brasileiros e desempenha papel central na gera\u00e7\u00e3o de renda e na inclus\u00e3o produtiva no campo.<a href=\"#_ftn1\" id=\"_ftnref1\"><sup>[1]<\/sup><\/a> Trata-se, contudo, de um segmento altamente heterog\u00eaneo, que abrange desde produtores relativamente capitalizados at\u00e9 agricultores com elevada vulnerabilidade e severas restri\u00e7\u00f5es financeiras. Essa diversidade, por\u00e9m, n\u00e3o tem sido adequadamente refletida na implementa\u00e7\u00e3o do Programa Nacional de Fortalecimento da Agricultura Familiar (Pronaf), principal instrumento de financiamento do setor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Neste trabalho, pesquisadores do Climate Policy Initiative\/Pontif\u00edcia Universidade Cat\u00f3lica do Rio de Janeiro (CPI\/PUC-Rio) analisam o Pronaf, com foco em sua distribui\u00e7\u00e3o, execu\u00e7\u00e3o e capacidade de promover inclus\u00e3o produtiva e sustentabilidade. A partir dessa an\u00e1lise, o trabalho apresenta recomenda\u00e7\u00f5es para melhorar a focaliza\u00e7\u00e3o da pol\u00edtica, ampliar o acesso ao cr\u00e9dito pelos agricultores familiares mais vulner\u00e1veis e fortalecer instrumentos voltados \u00e0 transi\u00e7\u00e3o produtiva e \u00e0 resili\u00eancia clim\u00e1tica.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>O Pronaf apresenta graves falhas de focaliza\u00e7\u00e3o. Apenas 21% dos agricultores familiares acessaram o cr\u00e9dito do Pronaf no ano agr\u00edcola 2024\/25 \u2014 o que significa que praticamente 4 em cada 5 ficam de fora \u2014, enquanto os recursos se concentram em produtores de maior porte, em regi\u00f5es historicamente mais atendidas e em cadeias produtivas consolidadas.<a href=\"#_ftn2\" id=\"_ftnref2\"><sup><strong><sup>[2]<\/sup><\/strong><\/sup><\/a><\/strong> Em termos de volume financeiro, as regi\u00f5es Sul e Sudeste concentram cerca de 68% dos recursos do Pronaf, e culturas como soja, milho e caf\u00e9 respondem por quase 67% do cr\u00e9dito agr\u00edcola do programa. <strong>A execu\u00e7\u00e3o revela, portanto, um padr\u00e3o regressivo de acesso ao cr\u00e9dito subsidiado: quem mais precisa, menos acessa.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A magnitude dos recursos em jogo torna urgente corrigir esse desalinhamento. Dos R$ 89 bilh\u00f5es do Plano Safra da Agricultura Familiar 2025\/26, R$ 78,2 bilh\u00f5es foram destinados ao cr\u00e9dito do Pronaf. Al\u00e9m da equaliza\u00e7\u00e3o de juros pelo Tesouro, o programa mobiliza recursos da sociedade por meio de benef\u00edcios fiscais \u2014 como a isen\u00e7\u00e3o do Imposto sobre Opera\u00e7\u00f5es Financeiras (IOF) \u2014 e de fontes p\u00fablicas, incluindo os Fundos Constitucionais de Financiamento (FCFs). Diante desse volume expressivo de recursos e incentivos financeiros, \u00e9 essencial assegurar que a pol\u00edtica gere retorno social efetivo em termos de inclus\u00e3o produtiva, redu\u00e7\u00e3o de desigualdades, aumento de produtividade e sustentabilidade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Os dados revelam uma desigualdade marcante: os 10% dos contratos com maior volume de cr\u00e9dito acessam 47% do volume de recursos do programa, enquanto os 50% menores contratos ficam com apenas 8% do cr\u00e9dito.<a href=\"#_ftn3\" id=\"_ftnref3\"><sup><strong><sup>[3]<\/sup><\/strong><\/sup><\/a> Desta forma, o Pronaf distribui recursos de forma regressiva, favorecendo os mais capitalizados em detrimento dos mais vulner\u00e1veis. <\/strong>Reformar o programa para revert\u00ea-la \u00e9 condi\u00e7\u00e3o indispens\u00e1vel para beneficiar os produtores que sofrem maiores restri\u00e7\u00f5es financeiras. Estudo do CPI\/PUC-Rio mostra que direcionar o cr\u00e9dito a quem enfrenta restri\u00e7\u00e3o financeira gera maiores impactos produtivos e ambientais: esses produtores de menor porte respondem ao financiamento de forma mais expressiva, aumentando a produtividade e convertendo pastagens em \u00e1reas cultivadas, reduzindo o desmatamento.<a href=\"#_ftn4\" id=\"_ftnref4\"><sup>[4]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Entretanto, as linhas de inclus\u00e3o produtiva e sustentabilidade permanecem marginais na execu\u00e7\u00e3o do programa.<\/strong> Os dados de cr\u00e9dito por linha de financiamento mostram que Pronaf Custeio e Pronaf Mais Alimentos concentram 80% do volume total no Plano Safra 2024\/25. Enquanto o Microcr\u00e9dito Produtivo Rural (Grupo B) representa 11% do cr\u00e9dito e o Pronaf Bioeconomia representa 4%, outras linhas voltadas especificamente \u00e0 transi\u00e7\u00e3o agroecol\u00f3gica e \u00e0 inclus\u00e3o de grupos vulner\u00e1veis \u2014 Agroecologia, Jovem, Mulher e Sistemas Agroflorestais \u2014 respondem, em conjunto, por menos de 1% do cr\u00e9dito. Ao mesmo tempo, v\u00e1rias linhas como Pronaf Conectividade, Pronaf Acessibilidade Rural e Pronaf Habita\u00e7\u00e3o n\u00e3o aparecem sequer de forma individualizada nos dados de cr\u00e9dito rural, o que indica que existem no papel, mas n\u00e3o s\u00e3o operadas. <strong>O problema, portanto, n\u00e3o \u00e9 a aus\u00eancia de instrumentos voltados \u00e0 inclus\u00e3o e \u00e0 sustentabilidade, mas a aus\u00eancia de escala e de incentivos institucionais para que esses instrumentos operem de forma efetiva.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Assist\u00eancia T\u00e9cnica e Extens\u00e3o Rural (ATER) \u00e9 central para enfrentar o desafio dos produtores mais vulner\u00e1veis, especialmente aqueles que precisam realizar transi\u00e7\u00f5es produtivas e adotar pr\u00e1ticas sustent\u00e1veis. Eles enfrentam maiores dificuldades para acessar cr\u00e9dito, implementar mudan\u00e7as tecnol\u00f3gicas e obter ganhos produtivos duradouros. Associar o cr\u00e9dito rural \u00e0 ATER \u00e9, portanto, essencial para reduzir barreiras operacionais, ampliar a ado\u00e7\u00e3o de boas pr\u00e1ticas, garantir retorno social efetivo dos recursos do Pronaf e fortalecer a capacidade de adapta\u00e7\u00e3o clim\u00e1tica. Evid\u00eancias indicam que a ATER tamb\u00e9m \u00e9 um determinante importante do pr\u00f3prio acesso ao Pronaf, sobretudo nas regi\u00f5es Norte e Nordeste.<a href=\"#_ftn5\" id=\"_ftnref5\"><sup>[5]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apesar dessa relev\u00e2ncia, os recursos destinados \u00e0 ATER permanecem modestos e apresentam tend\u00eancia recente de estagna\u00e7\u00e3o. <strong>No Plano Safra 2025\/26, foram previstos apenas R$ 240 milh\u00f5es para assist\u00eancia t\u00e9cnica \u2014 valor que equivale a menos de 0,3% dos R$ 89 bilh\u00f5es de recursos destinados \u00e0 agricultura familiar no mesmo per\u00edodo. <\/strong>Em um contexto no qual a agricultura familiar permanece pouco atendida por instrumentos de gest\u00e3o de riscos como seguros rurais, a ATER \u00e9 fundamental para transformar o cr\u00e9dito em indutor de resili\u00eancia produtiva e clim\u00e1tica, e n\u00e3o apenas em resposta emergencial a perdas ap\u00f3s eventos extremos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Corrigir as falhas de focaliza\u00e7\u00e3o do Pronaf e dar escala efetiva \u00e0 ATER e aos instrumentos voltados \u00e0 transi\u00e7\u00e3o produtiva s\u00e3o condi\u00e7\u00f5es necess\u00e1rias para que a pol\u00edtica cumpra sua fun\u00e7\u00e3o econ\u00f4mica, social e clim\u00e1tica. Este documento apresenta recomenda\u00e7\u00f5es de pol\u00edtica p\u00fablica para ampliar o acesso dos agricultores familiares mais vulner\u00e1veis ao cr\u00e9dito e fortalecer sua capacidade de promover desenvolvimento produtivo e resili\u00eancia clim\u00e1tica.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns publication-content-bg has-background is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\" style=\"background-color:#e0e3dc\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading\"><strong>Recomenda\u00e7\u00f5es para um Pronaf inclusivo e sustent\u00e1vel<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As recomenda\u00e7\u00f5es abaixo t\u00eam como objetivo focalizar os recursos p\u00fablicos em quem mais precisa, dar escala real \u00e0s linhas inclusivas e sustent\u00e1veis e criar mecanismos de monitoramento que assegurem retorno social, produtivo e ambiental. As recomenda\u00e7\u00f5es detalhadas est\u00e3o apresentadas na se\u00e7\u00e3o \u201cPropostas para um Pronaf Inclusivo e Sustent\u00e1vel\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. Focalizar os recursos p\u00fablicos em quem mais precisa<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Estabelecer metas m\u00ednimas de aloca\u00e7\u00e3o para agricultores com propriedades menores, produtores do Norte e Nordeste e cadeias produtivas diversificadas.<\/li>\n\n\n\n<li>Criar incentivos para que institui\u00e7\u00f5es financeiras incorporem novos tomadores, em vez de apenas renovar carteiras j\u00e1 atendidas.<\/li>\n\n\n\n<li>Definir metas regionais de desembolso, com prioridade para regi\u00f5es e perfis hoje subatendidos.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Dar escala real \u00e0s linhas inclusivas e sustent\u00e1veis<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Garantir or\u00e7amento expl\u00edcito, crescente e monitor\u00e1vel para Agroecologia, Bioeconomia, Floresta, Mulher, Jovem e demais linhas de inclus\u00e3o.<\/li>\n\n\n\n<li>Criar incentivos para recupera\u00e7\u00e3o e convers\u00e3o de pastagens degradadas, com limites de cr\u00e9dito mais elevados e melhores condi\u00e7\u00f5es para produtores com projeto t\u00e9cnico aprovado.<\/li>\n\n\n\n<li>Vincular essas linhas \u00e0 assist\u00eancia t\u00e9cnica, \u00e0 transfer\u00eancia de tecnologia e \u00e0 capacita\u00e7\u00e3o dos agentes financeiros.<\/li>\n\n\n\n<li>Estabelecer indicadores verific\u00e1veis por linha para diferenciar pol\u00edtica ambiental efetiva de simples reclassifica\u00e7\u00e3o de opera\u00e7\u00f5es convencionais.<\/li>\n\n\n\n<li>Ampliar a destina\u00e7\u00e3o dos Fundos Constitucionais de Financiamento para linhas sustent\u00e1veis e de inclus\u00e3o, harmonizando suas regras com o Sistema Nacional de Cr\u00e9dito Rural.<\/li>\n\n\n\n<li>Diversificar as institui\u00e7\u00f5es financeiras habilitadas a operar cr\u00e9dito sustent\u00e1vel e incentivar mecanismos de financiamento misto para alcan\u00e7ar produtores subatendidos.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Reduzir barreiras de acesso ao cr\u00e9dito<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Simplificar exig\u00eancias de documenta\u00e7\u00e3o e garantias, permitindo garantias mobili\u00e1rias, fundos de aval e cr\u00e9dito em grupo.<\/li>\n\n\n\n<li>Expandir a emiss\u00e3o do Cadastro Nacional da Agricultura Familiar (CAF) para povos e comunidades tradicionais.<\/li>\n\n\n\n<li>Criar mecanismos espec\u00edficos de garantia para cooperativas e organiza\u00e7\u00f5es comunit\u00e1rias.<\/li>\n\n\n\n<li>Ampliar recursos para cadeias da sociobiodiversidade e adaptar os instrumentos do Pronaf aos ciclos produtivos desses grupos.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Atualizar os crit\u00e9rios de elegibilidade<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Modernizar os m\u00f3dulos fiscais com base na produtividade atual, no uso de m\u00e3o de obra familiar e em indicadores de renda.<\/li>\n\n\n\n<li>Harmonizar limites entre munic\u00edpios vizinhos para reduzir distor\u00e7\u00f5es que permitem o acesso de produtores de maior porte e excluem pequenos produtores intensivos.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. Alinhar o Pronaf \u00e0 sustentabilidade e ao clima<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bloquear cr\u00e9dito subsidiado para propriedades com desmatamento recente, legal ou ilegal, com impedimentos incidentes sobre o produtor, n\u00e3o apenas sobre o im\u00f3vel financiado.<\/li>\n\n\n\n<li>Estender o corte temporal das restri\u00e7\u00f5es de julho de 2019 para julho de 2008, em linha com o C\u00f3digo Florestal.<\/li>\n\n\n\n<li>Usar o Pronaf como instrumento de cumprimento do C\u00f3digo Florestal, vinculando o cr\u00e9dito \u00e0 recomposi\u00e7\u00e3o de \u00e1reas de preserva\u00e7\u00e3o permanente e reserva legal, com melhores condi\u00e7\u00f5es para produtores que aderirem ao Programa de Regulariza\u00e7\u00e3o Ambiental.<\/li>\n\n\n\n<li>Integrar a Taxonomia Sustent\u00e1vel Brasileira ao Pronaf, com melhores condi\u00e7\u00f5es de financiamento para produtores com maior conformidade ambiental.<\/li>\n\n\n\n<li>Reverter retrocessos regulat\u00f3rios, preservar a autonomia do Conselho Monet\u00e1rio Nacional para atualizar crit\u00e9rios socioambientais e rejeitar iniciativas que enfraque\u00e7am os impedimentos ambientais do cr\u00e9dito rural.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6. Fortalecer a assist\u00eancia t\u00e9cnica como condi\u00e7\u00e3o de efetividade do cr\u00e9dito<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ampliar substancialmente o or\u00e7amento da ATER p\u00fablica no Plano Safra 2026\/27.<\/li>\n\n\n\n<li>Garantir acompanhamento cont\u00ednuo do produtor, do planejamento \u00e0 execu\u00e7\u00e3o e ao monitoramento dos projetos.<\/li>\n\n\n\n<li>Tratar a ATER vinculada a pr\u00e1ticas sustent\u00e1veis, conforme definidas pela Taxonomia Sustent\u00e1vel Brasileira, como parte integrante da pol\u00edtica de cr\u00e9dito, com melhores condi\u00e7\u00f5es de financiamento para as opera\u00e7\u00f5es que a incluam.<\/li>\n\n\n\n<li>Desenvolver programas espec\u00edficos para mulheres, jovens, povos tradicionais e produtores em transi\u00e7\u00e3o agroecol\u00f3gica.<\/li>\n\n\n\n<li>Capacitar institui\u00e7\u00f5es financeiras para avaliar projetos sustent\u00e1veis e acompanhar indicadores socioambientais.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7. Integrar cr\u00e9dito, seguro rural e gest\u00e3o de risco clim\u00e1tico<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Inserir explicitamente a agricultura familiar no Programa de Seguro Rural, com produtos adequados aos valores e riscos do Pronaf.<\/li>\n\n\n\n<li>Desenvolver seguros param\u00e9tricos e de baixo custo para proteger pequenos produtores contra eventos clim\u00e1ticos extremos.<\/li>\n\n\n\n<li>Expandir o ZarcNM para as linhas do Pronaf e para todas as regi\u00f5es.<\/li>\n\n\n\n<li>Avan\u00e7ar na regulamenta\u00e7\u00e3o do fundo p\u00fablico-privado de resseguro rural, assegurando que ele amplie a cobertura para biomas, culturas e produtores subatendidos, com compartilhamento de dados de cr\u00e9dito e seguro.<\/li>\n\n\n\n<li>Assegurar que eventual obrigatoriedade do seguro favore\u00e7a produtores com boas pr\u00e1ticas ambientais, agricultores de menor porte e regi\u00f5es subatendidas.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8. Monitorar o uso do cr\u00e9dito e dar transpar\u00eancia aos subs\u00eddios p\u00fablicos<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Automatizar a verifica\u00e7\u00e3o ambiental no fluxo de concess\u00e3o, integrando Sicor, CAR, PRODES e Cadastro de Empregadores em Condi\u00e7\u00f5es An\u00e1logas \u00e0 Escravid\u00e3o.<\/li>\n\n\n\n<li>Exigir monitoramento socioambiental durante toda a vig\u00eancia dos contratos.<\/li>\n\n\n\n<li>Criar san\u00e7\u00f5es efetivas para institui\u00e7\u00f5es financeiras que descumpram os impedimentos socioambientais.<\/li>\n\n\n\n<li>Divulgar periodicamente dados sobre concess\u00f5es, distribui\u00e7\u00e3o regional, cumprimento de crit\u00e9rios socioambientais e retorno social dos recursos aplicados.<\/li>\n\n\n\n<li>A transpar\u00eancia \u00e9 condi\u00e7\u00e3o para avaliar se os subs\u00eddios p\u00fablicos est\u00e3o promovendo inclus\u00e3o produtiva, resili\u00eancia clim\u00e1tica e uso eficiente da terra.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Limita\u00e7\u00f5es na Execu\u00e7\u00e3o da Pol\u00edtica<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">O Plano Safra da Agricultura Familiar 2025\/26 anunciou R$ 89 bilh\u00f5es em recursos, dos quais R$ 78,2 bilh\u00f5es destinados ao cr\u00e9dito do Pronaf. Os demais recursos cobrem o Proagro Mais (R$ 5,8 bilh\u00f5es), compras p\u00fablicas (R$ 3,7 bilh\u00f5es), Garantia-Safra (R$ 1,1 bilh\u00e3o), assist\u00eancia t\u00e9cnica (R$ 240 milh\u00f5es) e o PGPM-Bio (R$ 42,7 milh\u00f5es).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A evid\u00eancia dispon\u00edvel aponta para tr\u00eas desafios estruturais que comprometem a efetividade do programa: falhas de focaliza\u00e7\u00e3o no acesso ao cr\u00e9dito, baixa escala das linhas voltadas \u00e0 inclus\u00e3o produtiva e \u00e0 sustentabilidade, e insufici\u00eancia da assist\u00eancia t\u00e9cnica.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Falhas de Focaliza\u00e7\u00e3o no Acesso ao Cr\u00e9dito<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Uma primeira limita\u00e7\u00e3o do Pronaf diz respeito \u00e0 sua cobertura entre os agricultores familiares. Aproximadamente 79% dos produtores familiares ficaram fora do cr\u00e9dito do Pronaf no ano agr\u00edcola 2024\/25.<a href=\"#_ftn6\" id=\"_ftnref6\"><sup>[6]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Al\u00e9m da baixa cobertura, a Figura 1 evidencia a concentra\u00e7\u00e3o extrema do cr\u00e9dito do Pronaf: os 10% dos contratos com maior volume (D10) absorvem sozinhos 47% de todo o cr\u00e9dito do programa. Os dois decis superiores (D9 e D10) juntos concentram 68% dos recursos, ao passo que os cinco decis inferiores (D1 a D5) \u2014 metade de todos os contratos \u2014 dividem entre si apenas 8% do cr\u00e9dito. O decil inferior (D1) recebe 0,2% do total.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 1. <\/strong>Concentra\u00e7\u00e3o do Volume de Cr\u00e9dito do Pronaf por Decil de Contratos<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"771\" class=\"wp-image-121334\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig01_WP.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig01_WP.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig01_WP-300x257.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig01_WP-1024x877.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig01_WP-1536x1316.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota: <\/strong>Cada decil cont\u00e9m aproximadamente 225.929\u2013225.930 contratos. O eixo Y mostra a participa\u00e7\u00e3o percentual no volume de cr\u00e9dito total do programa. Decis ordenados do menor (D1) ao maior (D10) volume de cr\u00e9dito por contrato.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte:<\/strong> CPI\/PUC-Rio com base nos dados do SICOR\/Banco Central do Brasil (BCB), 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Verifica-se ainda forte concentra\u00e7\u00e3o regional e produtiva no acesso ao cr\u00e9dito.<a href=\"#_ftn7\" id=\"_ftnref7\"><sup>[7]<\/sup><\/a> As regi\u00f5es Sul e Sudeste respondem pela maior parte do volume financiado, refletindo maior integra\u00e7\u00e3o dessas regi\u00f5es \u00e0s cadeias agroindustriais e ao sistema financeiro. Em contraste, agricultores familiares das regi\u00f5es Norte e Nordeste \u2014 frequentemente mais expostos a vulnerabilidades clim\u00e1ticas e restri\u00e7\u00f5es de acesso a servi\u00e7os financeiros \u2014 participam de forma significativamente menor da pol\u00edtica de cr\u00e9dito.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Souza e Albuquerque (2023) mostram que o acesso ao financiamento tamb\u00e9m varia fortemente com o tamanho da propriedade. Usando dados do Censo Agropecu\u00e1rio de 2017, menos de 8% dos produtores com \u00e1rea entre 0 e 1 hectare obt\u00eam financiamento, e apenas 11% dos estabelecimentos entre 1 e 4 hectares acessam cr\u00e9dito. Por outro lado, mais de 19% dos produtores com propriedades entre 50 e 100 hectares obt\u00eam financiamento, propor\u00e7\u00e3o que chega a 16% entre propriedades de 100 a 500 hectares.<a href=\"#_ftn8\" id=\"_ftnref8\"><sup>[8]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O cr\u00e9dito rural tamb\u00e9m apresenta forte concentra\u00e7\u00e3o em algumas cadeias produtivas, tais como soja, milho e caf\u00e9. Assim, por exemplo, considerando o Plano Safra 2024\/25, o n\u00famero de contratos de Pronaf para a soja e seu volume m\u00e9dio por contrato foram de 2.269.762 e R$ 280.402, respectivamente. No caso do milho, o n\u00famero de contratos de Pronaf para esse bem e o valor do contrato m\u00e9dio foram de 1.864.278 e R$ 148.150, respectivamente. O caf\u00e9 teve 1.071.323 como n\u00famero de contratos de Pronaf no per\u00edodo analisado, enquanto as libera\u00e7\u00f5es m\u00e9dias para esse bem alcan\u00e7aram R$ 152.242. Para produtos associados mais frequentemente \u00e0 agricultura familiar, os empr\u00e9stimos do Pronaf para financiar mandioca tiveram contratos m\u00e9dios alcan\u00e7ando os valores de R$ 31.262 e estiveram associados a 215.805 contratos. J\u00e1 o cacau, por sua vez, obteve financiamento m\u00e9dio de R$ 29.717 por contrato no Plano Safra 2024\/25, enquanto o n\u00famero de contratos atingiu o valor de 60.643. Por fim, a banana teve contratos m\u00e9dios da ordem de R$ 35.698 no Pronaf, associados ao 139.063 contratos.<a href=\"#_ftn9\" id=\"_ftnref9\"><sup>[9]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Esse padr\u00e3o revela que o Pronaf opera, na pr\u00e1tica, como uma pol\u00edtica de cr\u00e9dito voltada sobretudo aos agricultores mais capitalizados. Em vez de focalizar recursos em quem tem menos acesso ao mercado financeiro, o programa reproduz e aprofunda as assimetrias preexistentes. Corrigir essa l\u00f3gica regressiva n\u00e3o \u00e9 um ajuste marginal \u2014 \u00e9 condi\u00e7\u00e3o para que o Pronaf priorize quem efetivamente precisa de cr\u00e9dito.<br><br>A desigualdade de g\u00eanero \u00e9 outro marcador relevante das assimetrias no acesso ao Pronaf.<br>Embora as mulheres contratem de 39% das opera\u00e7\u00f5es do Pronaf, elas respondem por apenas 23% do volume total de cr\u00e9dito. Em m\u00e9dia, cada empr\u00e9stimo contratado por mulheres \u00e9 de R$&nbsp;20.950 \u2014 menos da metade do valor m\u00e9dio dos empr\u00e9stimos firmados por homens. Essa disparidade evidencia barreiras estruturais: acesso desigual \u00e0 assist\u00eancia t\u00e9cnica, inser\u00e7\u00e3o mais limitada nas redes cooperativas e maior dificuldade na obten\u00e7\u00e3o da documenta\u00e7\u00e3o. O Pronaf Mulher cresceu 363% no Plano Safra 2024\/25 em rela\u00e7\u00e3o ao Plano Safra 2020\/21.<a href=\"#_ftn10\" id=\"_ftnref10\"><sup>[10]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estudo do CPI\/PUC-Rio mostra que direcionar os recursos p\u00fablicos a quem de fato enfrenta restri\u00e7\u00e3o financeira gera maiores retornos produtivos e ambientais.<a href=\"#_ftn11\" id=\"_ftnref11\"><sup>[11]<\/sup><\/a> Produtores de menor porte respondem ao cr\u00e9dito de forma expressiva: aumentam a produtividade agr\u00edcola e pecu\u00e1ria e convertem pastagens em \u00e1reas cultivadas, reduzindo press\u00f5es de desmatamento. Grandes produtores, em contraste, n\u00e3o apresentam mudan\u00e7a produtiva compar\u00e1vel \u2014 e o cr\u00e9dito expande a produ\u00e7\u00e3o na margem extensiva, aumentando o desmatamento.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Linhas Inclusivas e de Sustentabilidade Permanecem Marginais<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">O Pronaf disp\u00f5e de linhas espec\u00edficas para agroecologia, mulheres, jovens, sistemas agroflorestais e povos tradicionais \u2014 e, no entanto, nenhuma delas opera com escala m\u00ednima para induzir mudan\u00e7as estruturais. A Figura 2 mostra que as linhas Pronaf Custeio e Pronaf Mais Alimentos respondem por aproximadamente 80% do volume total de cr\u00e9dito do programa. Essa concentra\u00e7\u00e3o reflete um padr\u00e3o de financiamento voltado predominantemente a atividades agr\u00edcolas convencionais, deixando sem escala as linhas desenhadas para diversifica\u00e7\u00e3o produtiva, inclus\u00e3e pr\u00e1ticas sustent\u00e1veis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Microcr\u00e9dito Produtivo Rural (Grupo B) \u2014 linha de inclus\u00e3o \u2014 representa 11,3%, e a Bioeconomia \u2014 linha sustent\u00e1vel \u2014 representa 3,5%. Modalidades como Pronaf Agroecologia, Pronaf Mulher e Pronaf Jovem, bem como linhas associadas a sistemas agroflorestais, representam menos de 1% do volume total de cr\u00e9dito do programa, frequentemente com participa\u00e7\u00e3o inferior a 0,5% individualmente.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Pronaf Semi\u00e1rido, por exemplo, aparece nas bases com R$ 181,4 milh\u00f5es contratados (0,28% do total) no Plano Safra 2024\/25. J\u00e1 o Pronaf Agroecologia atingiu R$ 8,6 milh\u00f5es (0,01% do total) no Plano Safra, e os quintais produtivos agroecol\u00f3gicos \u2014 principalmente conduzidos por mulheres \u2014 registraram 7.264 opera\u00e7\u00f5es com R$ 139,8 milh\u00f5es contratados. Esses valores s\u00e3o \u00ednfimos frente ao volume total do programa: as linhas inovadoras permanecem residuais e ainda n\u00e3o t\u00eam escala para induzir mudan\u00e7as estruturais.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Linhas mais especializadas em transi\u00e7\u00e3o agroecol\u00f3gica e inclus\u00e3o de grupos vulner\u00e1veis existem sobretudo no papel. Algumas linhas anunciadas em Planos Safra recentes \u2014 como Pronaf Conectividade, Pronaf Acessibilidade Rural, Pronaf Habita\u00e7\u00e3o e Pronaf Produtivo Orientado \u2014 n\u00e3o aparecem de forma individualizada nas bases de execu\u00e7\u00e3o do cr\u00e9dito rural, indicando volume de opera\u00e7\u00f5es inexistente ou n\u00e3o informado.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 2. <\/strong>Distribui\u00e7\u00e3o do Cr\u00e9dito por Linha de Financiamento, Jul\/2024\u2013Jun\/2025<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"761\" class=\"wp-image-121331\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig02_WP.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig02_WP.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig02_WP-300x254.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig02_WP-1024x866.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig02_WP-1536x1299.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota: <\/strong>A soma das linhas de custeio e Mais Alimentos se aproxima de 80% do total. O Microcr\u00e9dito Produtivo Rural (Grupo B), linha de inclus\u00e3o, representa cerca de 11,3%; a Bioeconomia, linha sustent\u00e1vel, representa 3,5%. As linhas agroecol\u00f3gicas e de inclus\u00e3o especializada (Agroecologia, Jovem, Mulher e Floresta) somam, em conjunto, menos de 1% do total.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte: <\/strong>CPI\/PUCRio com base nos dados do SICOR\/BCB, 2025<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Esses dados indicam que o Pronaf tem instrumentos voltados \u00e0 inclus\u00e3o produtiva e sustentabilidade, mas falta escala e incentivos institucionais para que essas linhas sejam efetivamente utilizadas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Assist\u00eancia T\u00e9cnica Insuficiente e Mal Distribu\u00edda<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Os recursos destinados \u00e0 assist\u00eancia t\u00e9cnica s\u00e3o muito inferiores aos destinados ao cr\u00e9dito rural. Em 2025, embora o Plano Safra tenha previsto R$ 240 milh\u00f5es para ATER, os disp\u00eandios federais efetivos somaram R$ 235,4 milh\u00f5es em 2025, valor equivalente a menos de 0,26% dos recursos destinados \u00e0 agricultura familiar no ano agr\u00edcola 2024\/25.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A baixa cobertura do Pronaf est\u00e1 ligada \u00e0 quest\u00e3o da assist\u00eancia t\u00e9cnica, que \u00e9 fundamental para reduzir custos de informa\u00e7\u00e3o, apoiar a elabora\u00e7\u00e3o de projetos produtivos, a ado\u00e7\u00e3o de novas tecnologias, a implementa\u00e7\u00e3o de pr\u00e1ticas produtivas mais resilientes, al\u00e9m de facilitar a intera\u00e7\u00e3o entre agricultores e institui\u00e7\u00f5es financeiras. Sem ATER, o agricultor familiar n\u00e3o consegue elaborar projetos, atender \u00e0s exig\u00eancias dos bancos nem executar o financiamento de forma eficaz.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estudos recentes do CPI\/PUC-Rio mostram que a oferta de assist\u00eancia t\u00e9cnica permanece limitada e desigual entre regi\u00f5es e perfis de produtores, restringindo o acesso ao cr\u00e9dito e a ado\u00e7\u00e3o de pr\u00e1ticas produtivas mais sustent\u00e1veis.<a href=\"#_ftn12\" id=\"_ftnref12\"><sup>[12]<\/sup><\/a><sup>,<a href=\"#_ftn13\" id=\"_ftnref13\"><sup>[13]<\/sup><\/a> <\/sup>A ATER \u00e9 o fator mais relevante para aumentar o acesso ao cr\u00e9dito para agricultores familiares nas regi\u00f5es Norte e Nordeste, podendo contribuir para aumentar esse acesso em cerca de 53,8% e 63,5%, respectivamente. A ATER fortalece a resili\u00eancia produtiva, financeira e clim\u00e1tica dos agricultores familiares, sendo componente essencial da pol\u00edtica de inclus\u00e3o produtiva.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Barreiras Estruturais para Produtores Vulner\u00e1veis<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Os produtores menores e localizados em regi\u00f5es mais pobres enfrentam diversas barreiras adicionais para acessar o Pronaf: burocracia excessiva, documenta\u00e7\u00e3o, dificuldade em fornecer garantias, maior risco clim\u00e1tico e baixa presen\u00e7a de ag\u00eancias banc\u00e1rias. Al\u00e9m disso, o desenho do programa n\u00e3o diferencia adequadamente os diversos perfis de produtores, tornando o financiamento de gr\u00e3os mais atrativo para os bancos do que culturas diversificadas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essas barreiras elevam o custo operacional das institui\u00e7\u00f5es financeiras para atender os agricultores mais vulner\u00e1veis. Na pr\u00e1tica, isso cria um vi\u00e9s em favor de produtores mais capitalizados, com hist\u00f3rico banc\u00e1rio, garantias mais s\u00f3lidas e inser\u00e7\u00e3o em cadeias produtivas j\u00e1 consolidadas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Distor\u00e7\u00f5es Causadas pelos M\u00f3dulos Fiscais<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">O crit\u00e9rio central de elegibilidade do Pronaf limita o tamanho da \u00e1rea a quatro m\u00f3dulos fiscais. Um m\u00f3dulo fiscal \u00e9 uma unidade de \u00e1rea criada pelo Instituto Nacional de Coloniza\u00e7\u00e3o e Reforma Agr\u00e1ria (INCRA) na d\u00e9cada de 1980 para determinar a \u00e1rea m\u00ednima que garantiria subsist\u00eancia a uma fam\u00edlia. O m\u00f3dulo fiscal de cada munic\u00edpio permanece o mesmo desde sua cria\u00e7\u00e3o h\u00e1 mais de quatro d\u00e9cadas e, portanto, n\u00e3o acompanhou os avan\u00e7os tecnol\u00f3gicos na agropecu\u00e1ria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Figura 3 mostra que os m\u00f3dulos fiscais variam entre 5 e 110 hectares conforme o munic\u00edpio e produz distor\u00e7\u00f5es entre munic\u00edpios vizinhos que podem ter tamanhos de m\u00f3dulos bastante diferentes. Al\u00e9m disso, m\u00f3dulos fiscais menores concentram-se em capitais litor\u00e2neas e os maiores em biomas como o Cerrado. Grandes produtores em regi\u00f5es extensivas conseguem se enquadrar, enquanto produtores de horticultura intensiva em \u00e1reas pequenas s\u00e3o exclu\u00eddos. Isso gera um vi\u00e9s ambiental perverso: regi\u00f5es extensivas podem ter mais terra e continuar \u201cfamiliares\u201d no papel, enquanto regi\u00f5es intensivas ultrapassam rapidamente o limite.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essa falta de atualiza\u00e7\u00e3o dos m\u00f3dulos fiscais compromete a capacidade do Pronaf de focalizar recursos nos agricultores com maiores restri\u00e7\u00f5es e necessidades. Hoje o m\u00f3dulo fiscal frequentemente opera como um crit\u00e9rio administrativo defasado, que reproduz desigualdades territoriais e produtivas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Figura 3. <\/strong>Varia\u00e7\u00e3o do Tamanho dos M\u00f3dulos Fiscais por Munic\u00edpio<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"756\" class=\"wp-image-121328\" style=\"width: 900px;\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig03_WP.jpg\" alt=\"\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig03_WP.jpg 2000w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig03_WP-300x252.jpg 300w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig03_WP-1024x860.jpg 1024w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/PB-Pronaf-Inclusivo-Sustentavel-Fig03_WP-1536x1290.jpg 1536w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota: <\/strong>Tons mais escuros indicam m\u00f3dulos fiscais menores; as varia\u00e7\u00f5es refletem crit\u00e9rios defasados que distorcem a elegibilidade ao Pronaf.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte:<\/strong> CPI\/PUC-Rio com base nos dados do INCRA<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Linhas do Plano Safra 2025\/26<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">O Pronaf possui v\u00e1rias linhas voltadas \u00e0 inclus\u00e3o social, renda, qualidade de vida e sustentabilidade. Algumas dessas linhas foram inclu\u00eddas no an\u00fancio do programa para a safra 2025\/26. Entre as principais linhas, destacam-se:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Inclus\u00e3o social e renda:<\/strong> microcr\u00e9dito Pronaf B \u2013 Quintais Produtivos para mulheres; linhas para cooperativas de assentados, ind\u00edgenas e quilombolas; Pronaf Conectividade para internet no meio rural; Pronaf Acessibilidade Rural para adapta\u00e7\u00e3o de moradias de pessoas com defici\u00eancia; Pronaf Semi\u00e1rido, Pronaf Mulher, Pronaf Jovem e Pronaf Habita\u00e7\u00e3o; apoio \u00e0 regulariza\u00e7\u00e3o fundi\u00e1ria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Meio ambiente e clima:<\/strong> linhas de Agroecologia, Bioeconomia e Floresta; refor\u00e7o para irriga\u00e7\u00e3o eficiente com energia solar, adapta\u00e7\u00e3o \u00e0s mudan\u00e7as clim\u00e1ticas e redu\u00e7\u00e3o de agrot\u00f3xicos (Pronara).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No papel, o Plano Safra 2025\/26 reconhece que a agricultura familiar \u00e9 diversa e exige instrumentos diferenciados. Na pr\u00e1tica, por\u00e9m, as linhas inovadoras seguem marginais: criar uma linha sem dotar de or\u00e7amento espec\u00edfico, sem treinar os agentes financeiros e sem vincular \u00e0 assist\u00eancia t\u00e9cnica resulta em linhas que n\u00e3o s\u00e3o operadas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Gargalos de Execu\u00e7\u00e3o<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">H\u00e1 desalinhamento entre os objetivos declarados do Pronaf de inclus\u00e3o e sustentabilidade e os incentivos efetivos gerados pelo desenho do programa. As principais limita\u00e7\u00f5es incluem:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Estrutura de risco e sele\u00e7\u00e3o de tomadores:<\/strong> bancos priorizam produtores mais capitalizados e com garantias, deixando de fora agricultores vulner\u00e1veis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Burocracia e documenta\u00e7\u00e3o:<\/strong> as exig\u00eancias de garantias reais, certid\u00f5es e comprova\u00e7\u00e3o de renda s\u00e3o complexas e custosas, especialmente para quem n\u00e3o possui titula\u00e7\u00e3o da terra ou hist\u00f3rico banc\u00e1rio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Distor\u00e7\u00e3o nos crit\u00e9rios de elegibilidade:<\/strong> m\u00f3dulos fiscais defasados permitem que produtores de maior porte acessem o Pronaf, ao mesmo tempo que pequenos produtores intensivos s\u00e3o exclu\u00eddos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Baixa escala das linhas sustent\u00e1veis e de inclus\u00e3o:<\/strong> embora crescentes, representam fra\u00e7\u00e3o \u00ednfima dos recursos e n\u00e3o geram mudan\u00e7a estrutural.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Falta de assist\u00eancia t\u00e9cnica e seguro rural:<\/strong> produtores sem acompanhamento t\u00e9cnico tendem a reduzir o potencial produtivo do cr\u00e9dito, e a inexist\u00eancia de instrumentos adequados de seguro aumenta a exposi\u00e7\u00e3o a riscos clim\u00e1ticos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Aus\u00eancia de monitoramento robusto:<\/strong> falta de verifica\u00e7\u00e3o do cumprimento de projetos t\u00e9cnicos e das condi\u00e7\u00f5es socioambientais ap\u00f3s a concess\u00e3o impede que o cr\u00e9dito funcione como indutor de sustentabilidade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Esses gargalos s\u00e3o parte de um padr\u00e3o sist\u00eamico, que resulta em vultuosos recursos p\u00fablicos com retorno social aqu\u00e9m do potencial: dinheiro p\u00fablico que financia quem menos precisa, em regi\u00f5es mais ricas, em cadeias j\u00e1 consolidadas. Tornar o Pronaf 2026\/27 mais inclusivo e sustent\u00e1vel \u00e9 o n\u00facleo das propostas a seguir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Propostas para um Pronaf Inclusivo e Sustent\u00e1vel<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Focaliza\u00e7\u00e3o do Pronaf<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Priorizar produtores exclu\u00eddos:<\/strong> estabelecer metas de aloca\u00e7\u00e3o m\u00ednima para agricultores com propriedades pequenas (como at\u00e9 quatro ou dez hectares), localizados no Norte e Nordeste ou em cadeias produtivas diversificadas. Incentivos e metas socioambientais podem orientar bancos a direcionar parte da carteira a esses perfis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sem metas expl\u00edcitas, o sistema financeiro seguir\u00e1 priorizando produtores de menor risco e maior retorno privado \u2014 reproduzindo o padr\u00e3o regressivo atual. Metas m\u00ednimas de aloca\u00e7\u00e3o s\u00e3o o instrumento mais direto para alinhar os recursos p\u00fablicos ao retorno social atrav\u00e9s do aumento de produtividade e melhor uso da terra.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Garantir or\u00e7amento expl\u00edcito para linhas sustent\u00e1veis do Pronaf: <\/strong>ampliar o volume de recursos destinados \u00e0s linhas Agroecologia, Bioeconomia e Floresta, priorizando pr\u00e1ticas sustent\u00e1veis e uso eficiente da terra e de energia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Linhas que representam menos de 1% do cr\u00e9dito, e que em alguns casos sequer s\u00e3o operadas, n\u00e3o transformam a agricultura familiar. Escala or\u00e7ament\u00e1ria \u00e9 a condi\u00e7\u00e3o para que essas linhas saiam do papel e alterem a composi\u00e7\u00e3o real do cr\u00e9dito rural.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Plano Safra 2026\/27 deve garantir or\u00e7amento expl\u00edcito, crescente e monitor\u00e1vel para as linhas inclusivas e sustent\u00e1veis com metas quantificadas e pass\u00edveis de acompanhamento p\u00fablico. A mera exist\u00eancia dessas linhas no texto normativo n\u00e3o garante sua operacionaliza\u00e7\u00e3o: \u00e9 preciso converter inten\u00e7\u00e3o em aloca\u00e7\u00e3o or\u00e7ament\u00e1ria verific\u00e1vel.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Expandir a Inclus\u00e3o e a Cobertura do Pronaf<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Simplificar a documenta\u00e7\u00e3o:<\/strong> reduzir exig\u00eancias de garantias e certid\u00f5es, permitindo o uso de garantias mobili\u00e1rias, fundos de aval e instrumentos de cr\u00e9dito em grupo. A maioria dos produtores exclu\u00eddos carece da capacidade de cumprir exig\u00eancias que foram desenhadas para outro perfil de tomador. Simplificar, portanto, \u00e9 uma condi\u00e7\u00e3o de acesso para muitos agricultores vulner\u00e1veis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Expandir assist\u00eancia t\u00e9cnica:<\/strong> associar o cr\u00e9dito a servi\u00e7os de extens\u00e3o rural e treinamento cont\u00ednuo, em especial para mulheres, jovens e comunidades tradicionais. Evid\u00eancias mostram que cr\u00e9dito isolado tem impacto limitado em projetos de recupera\u00e7\u00e3o ambiental e produtiva.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essa associa\u00e7\u00e3o aumenta a efetividade do cr\u00e9dito, reduz inadimpl\u00eancia e melhora a capacidade de execu\u00e7\u00e3o dos projetos financiados. Para muitos produtores, a assist\u00eancia t\u00e9cnica \u00e9 condi\u00e7\u00e3o para transformar financiamento em resultado produtivo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Superar gargalos estruturais:<\/strong> avan\u00e7ar na regulariza\u00e7\u00e3o fundi\u00e1ria, promover a titula\u00e7\u00e3o coletiva para quilombolas e povos ind\u00edgenas e incentivar bancos a utilizar instrumentos de compartilhamento de risco, como fundos garantidores e seguros.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sem enfrentar esses entraves estruturais, a amplia\u00e7\u00e3o do cr\u00e9dito continuar\u00e1 limitada aos produtores j\u00e1 formalizados e bancarizados. O compartilhamento de risco \u00e9 particularmente importante para tornar economicamente vi\u00e1vel o atendimento a perfis mais vulner\u00e1veis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Estabelecer incentivos para que agentes financeiros incorporem novos tomadores: <\/strong>a concentra\u00e7\u00e3o do cr\u00e9dito nos mesmos produtores, ano ap\u00f3s ano, perpetua as assimetrias de acesso. \u00c9 necess\u00e1rio criar incentivos \u2014 financeiros e regulat\u00f3rios \u2014 para que os operadores do Pronaf priorizem a incorpora\u00e7\u00e3o de agricultores at\u00e9 ent\u00e3o exclu\u00eddos. A r\u00e9plica cont\u00ednua da mesma carteira de clientes demonstra que o programa est\u00e1 operando para quem j\u00e1 tem acesso, e n\u00e3o como instrumento de inclus\u00e3o na agricultura familiar.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As comunidades tradicionais \u2014 quilombolas, ind\u00edgenas, extrativistas, ribeirinhos e povos da floresta \u2014 enfrentam barreiras que v\u00e3o al\u00e9m da documenta\u00e7\u00e3o: aus\u00eancia de assist\u00eancia t\u00e9cnica especializada, dificuldade de acesso geogr\u00e1fico e incompatibilidade entre os prazos do programa e os ciclos produtivos tradicionais.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Expandir e descentralizar a emiss\u00e3o do CAF para povos tradicionais: <\/strong>aproximadamente 40% das fam\u00edlias envolvidas nas cadeias da sociobiodiversidade na Amaz\u00f4nia n\u00e3o possuem CAF ativo, o que as impede de acessar qualquer linha do Pronaf.<a href=\"#_ftn14\" id=\"_ftnref14\"><sup>[14]<\/sup><\/a> Expandir a emiss\u00e3o do CAF \u00e9 importante para a inclus\u00e3o financeira nesse segmento. Al\u00e9m disso, \u00e9 necess\u00e1ria a cria\u00e7\u00e3o de mecanismos de garantia espec\u00edficos para cooperativas e organiza\u00e7\u00f5es comunit\u00e1rias de povos tradicionais, simplifica\u00e7\u00e3o documental para CAF em territ\u00f3rios com titula\u00e7\u00e3o coletiva, e expans\u00e3o das linhas Pronaf A e A\/C para cooperativas de quilombolas e ind\u00edgenas com teto de cr\u00e9dito adequado ao porte coletivo. Esses produtores concentram atividades que mais contribuem para a conserva\u00e7\u00e3o da floresta \u2014 e hoje est\u00e1 sistematicamente exclu\u00eddo do cr\u00e9dito rural.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ampliar a destina\u00e7\u00e3o de recursos do Pronaf para as cadeias da sociobiodiversidade: <\/strong>dados do Instituto Socioambiental (ISA) revelam que 91,7% do or\u00e7amento do Pronaf na regi\u00e3o Norte foi destinado \u00e0 pecu\u00e1ria convencional \u2014 uma das principais atividades respons\u00e1veis pelas emiss\u00f5es de gases de efeito estufa \u2014 enquanto apenas 2% alcan\u00e7ou as cadeias da sociobiodiversidade.<a href=\"#_ftn15\" id=\"_ftnref15\"><sup>[15]<\/sup><\/a> Agricultores extrativistas, pescadores artesanais e povos da floresta enfrentam burocracia incompat\u00edvel com seus ciclos produtivos, produ\u00e7\u00e3o descentralizada e aus\u00eancia de documenta\u00e7\u00e3o convencional. Para reverter esse padr\u00e3o, recursos do Pronaf devem ser destinados especificamente \u00e0s cadeias da sociobiodiversidade, com permiss\u00e3o para que cooperativas e associa\u00e7\u00f5es de produtores emitam o CAF coletivamente.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Estabelecer metas regionais de desembolso do Pronaf:<\/strong> 68% dos recursos do Pronaf se concentram nas regi\u00f5es Sul e Sudeste, comprometendo tanto a diversidade produtiva e a inclus\u00e3o. O Plano Safra 2026\/27 deve incluir um mecanismo expl\u00edcito de metas regionais de desembolso, especialmente para as regi\u00f5es Norte e Nordeste, onde a agricultura familiar \u00e9 mais vulner\u00e1vel e menos atendida.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Revisar os Crit\u00e9rios de Elegibilidade e Modernizar os M\u00f3dulos Fiscais<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Atualizar os m\u00f3dulos fiscais:<\/strong> revisar o tamanho dos m\u00f3dulos com base na produtividade atual das regi\u00f5es, evitando que propriedades maiores permane\u00e7am \u201cfamiliares\u201d apenas por terem baixa produtividade hist\u00f3rica. A atualiza\u00e7\u00e3o deve considerar tecnologias modernas, uso de m\u00e3o de obra familiar e indicadores de renda.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A atualiza\u00e7\u00e3o \u00e9 necess\u00e1ria para restaurar a coer\u00eancia do crit\u00e9rio de elegibilidade com a realidade produtiva contempor\u00e2nea. Hoje, o par\u00e2metro premia a defasagem hist\u00f3rica e penaliza atividades intensivas, justamente aquelas que podem gerar mais renda por hectare e maior absor\u00e7\u00e3o de trabalho familiar.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Harmonizar limites entre munic\u00edpios vizinhos:<\/strong> uniformizar crit\u00e9rios nos estados para evitar que produtores pr\u00f3ximos com a mesma \u00e1rea tenham acesso diferente. Essa harmoniza\u00e7\u00e3o reduziria arbitrariedades e distor\u00e7\u00f5es espaciais que hoje comprometem a legitimidade e a efetividade do programa. Tamb\u00e9m facilita a gest\u00e3o operacional e a compreens\u00e3o das regras por produtores e agentes financeiros.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. Alinhar o Cr\u00e9dito Rural \u00e0 Sustentabilidade e ao Clima<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Exclus\u00e3o de \u00e1reas irregulares:<\/strong> impedir que contratos do Pronaf sejam concedidos a propriedades com desmatamento ou pend\u00eancias ambientais. A verifica\u00e7\u00e3o deve usar dados do CAR, an\u00e1lise de imagens de sat\u00e9lite e consultas aos \u00f3rg\u00e3os ambientais. Os impedimentos ambientais devem incidir sobre o produtor (CPF\/CNPJ), n\u00e3o apenas sobre o im\u00f3vel financiado.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cr\u00e9dito com recursos p\u00fablicos precisa desincentivar o desmatamento. Ao condicionar o financiamento \u00e0 regularidade ambiental, a pol\u00edtica p\u00fablica passa a funcionar como indutor de conformidade \u2014 o que \u00e9 coerente com a magnitude dos recursos p\u00fablicos envolvidos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Integrar a Taxonomia Sustent\u00e1vel Brasileira ao Pronaf:<\/strong> as atividades financiadas devem ser classificadas pelo grau de sustentabilidade, adotando a TSB como refer\u00eancia. Decretada em outubro de 2025, a TSB estabelece crit\u00e9rios para classificar diferentes atividades econ\u00f4micas conforme a sustentabilidade e prop\u00f5e indicadores de desempenho ambiental, mas sua utiliza\u00e7\u00e3o ainda \u00e9 volunt\u00e1ria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A TSB deve ser integrada \u00e0s opera\u00e7\u00f5es do Pronaf e produtores com maior conformidade ambiental \u2014 CAR regularizado, recupera\u00e7\u00e3o de passivos, ades\u00e3o ao Programa de Regulariza\u00e7\u00e3o Ambiental (PRA) \u2014 devem acessar melhores condi\u00e7\u00f5es de financiamento.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A proposta n\u00e3o \u00e9 condicionar o acesso ao cr\u00e9dito \u00e0 TSB nem criar barreiras adicionais de acesso para agricultores familiares. O que se recomenda \u00e9 classificar as opera\u00e7\u00f5es do Pronaf segundo os crit\u00e9rios da TSB, tornando p\u00fablicas as informa\u00e7\u00f5es sobre o grau de sustentabilidade. A classifica\u00e7\u00e3o permite o monitoramento, orienta a aloca\u00e7\u00e3o de incentivos e fundamenta a presta\u00e7\u00e3o de contas \u00e0 sociedade sobre o retorno dos recursos p\u00fablicos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essa abordagem permite diferenciar melhor o gasto p\u00fablico conforme o retorno social gerado. Em vez de subsidiar de forma homog\u00eanea atividades muito distintas, a pol\u00edtica deve premiar pr\u00e1ticas que aumentem produtividade, reduzam emiss\u00f5es e fortale\u00e7am a resili\u00eancia clim\u00e1tica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Incentivar regulariza\u00e7\u00e3o ambiental:<\/strong> usar o Pronaf como instrumento para cumprir o C\u00f3digo Florestal, vinculando o cr\u00e9dito \u00e0 recomposi\u00e7\u00e3o de \u00e1reas de preserva\u00e7\u00e3o permanente e reserva legal, e premiando boas pr\u00e1ticas com melhores condi\u00e7\u00f5es de financiamento.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Desta forma, o programa tamb\u00e9m se torna um mecanismo de adequa\u00e7\u00e3o ambiental. A combina\u00e7\u00e3o entre cr\u00e9dito e incentivos de conformidade ambiental tende a ser mais efetiva do que exig\u00eancias sem contrapartidas positivas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reduzir o limite de ocupa\u00e7\u00e3o em Florestas P\u00fablicas N\u00e3o Destinadas pass\u00edvel de financiamento<\/strong> A Resolu\u00e7\u00e3o CMN n\u00ba 5.193\/2024 trouxe um retrocesso ao expandir de 4 para 15 m\u00f3dulos fiscais o limite de ocupa\u00e7\u00e3o em Florestas P\u00fablicas N\u00e3o Destinadas pass\u00edvel de financiamento, e removeu a exig\u00eancia de comprova\u00e7\u00e3o de regulariza\u00e7\u00e3o fundi\u00e1ria junto ao Incra. Em regi\u00f5es com m\u00f3dulo fiscal de 110 ha, isso permite financiar ocupa\u00e7\u00f5es de at\u00e9 1650 ha em terras p\u00fablicas sem t\u00edtulo. O limite anterior de 4 m\u00f3dulos com regulariza\u00e7\u00e3o deferida pelo Incra era mais adequado e deve ser restaurado. Sem exig\u00eancia de regulariza\u00e7\u00e3o fundi\u00e1ria, a norma cria brechas que estimulam o desmatamento e a grilagem em \u00e1reas de floresta p\u00fablica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Preservar a autonomia regulat\u00f3ria do CMN: <\/strong>o Projeto de Lei n\u00ba 205\/2025 \u2014 em tramita\u00e7\u00e3o no Congresso \u2014 busca restringir a autonomia do CMN para atualizar os crit\u00e9rios socioambientais de acesso ao cr\u00e9dito rural, vinculando qualquer nova exig\u00eancia ao que j\u00e1 est\u00e1 expresso no C\u00f3digo Florestal. Se aprovado, o PL esvaziaria a capacidade do CMN de responder a novas evid\u00eancias sobre desmatamento, trabalho an\u00e1logo \u00e0 escravid\u00e3o ou degrada\u00e7\u00e3o ambiental. Sua urg\u00eancia cresceu diante dos recentes movimentos para suspender por decreto legislativo as Resolu\u00e7\u00f5es CMN n\u00ba 5.193\/2024 e n\u00ba 5.268\/2025. O PL n\u00ba 205\/2025 deve ser rejeitado para a manuten\u00e7\u00e3o e o fortalecimento dos crit\u00e9rios socioambientais vigentes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Criar san\u00e7\u00f5es efetivas para institui\u00e7\u00f5es financeiras que n\u00e3o aplicam ou fiscalizam os impedimentos socioambientais: <\/strong>a Resolu\u00e7\u00e3o CMN n\u00ba 5.193\/2024 n\u00e3o prev\u00ea penalidades para os agentes financeiros que deixem de aplicar ou fiscalizar os impedimentos socioambientais \u2014 a \u201cdesclassifica\u00e7\u00e3o\u201d da opera\u00e7\u00e3o como \u00fanica consequ\u00eancia \u00e9 insuficiente. Devem ser criadas penalidades expl\u00edcitas para institui\u00e7\u00f5es financeiras que concedam cr\u00e9dito em desconformidade com os impedimentos socioambientais. A aus\u00eancia de san\u00e7\u00f5es para os agentes financeiros enfraquece estruturalmente a implementa\u00e7\u00e3o das normas vigentes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Impedir o financiamento de desmatamento legal: <\/strong>al\u00e9m de bloquear cr\u00e9dito para \u00e1reas com desmatamento ilegal, o cr\u00e9dito rural subsidiado n\u00e3o deve ser concedido para propriedades com desmatamento recente, independentemente da sua legalidade. A sociedade direciona elevados recursos para o Pronaf \u2014 sob a forma de subven\u00e7\u00f5es, isen\u00e7\u00f5es e fontes p\u00fablicas \u2014 e esses recursos n\u00e3o devem financiar a convers\u00e3o de vegeta\u00e7\u00e3o nativa, mesmo onde a legisla\u00e7\u00e3o ambiental o permite.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Estender o corte temporal das restri\u00e7\u00f5es para desmatamento ilegal para 2008: <\/strong>\u00c9 necess\u00e1rio estender o corte temporal de julho de 2019 para julho de 2008, alinhando a regula\u00e7\u00e3o \u00e0 data de refer\u00eancia do C\u00f3digo Florestal (Lei n\u00ba 12.651\/2012): \u00e1reas desmatadas ap\u00f3s 2008 devem cumprir exig\u00eancias mais r\u00edgidas de recomposi\u00e7\u00e3o da vegeta\u00e7\u00e3o nativa, e o cr\u00e9dito rural n\u00e3o pode ignorar esse marco legal.<a href=\"#_ftn16\" id=\"_ftnref16\"><sup>[16]<\/sup><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Exigir monitoramento ambiental ao longo de toda a vig\u00eancia do contrato: <\/strong>a Resolu\u00e7\u00e3o CMN n\u00ba 5.268\/2025 representa um avan\u00e7o ao incorporar dados do PRODES (monitoramento de desmatamento por sat\u00e9lite do Instituto Nacional de Pesquisas Espaciais \u2014 INPE) como crit\u00e9rio de restri\u00e7\u00e3o ao cr\u00e9dito \u2014 em vigor desde 1\u00ba de abril de 2026 para propriedades com mais de 4 m\u00f3dulos fiscais, e com previs\u00e3o de se aplicar ao Pronaf a partir de 4 de janeiro de 2027. Contudo, esse mecanismo verifica o status ambiental apenas no momento da concess\u00e3o do cr\u00e9dito, n\u00e3o ao longo de sua vig\u00eancia. O monitoramento deve ser exigido durante todo o per\u00edodo de vig\u00eancia da opera\u00e7\u00e3o, com verifica\u00e7\u00e3o frequente do status de desmatamento e penaliza\u00e7\u00e3o efetiva das opera\u00e7\u00f5es em desconformidade. Adicionalmente, o setor ruralista ingressou com a\u00e7\u00e3o no Supremo Tribunal Federal (STF) em abril de 2026 para suspender a aplica\u00e7\u00e3o do PRODES como crit\u00e9rio restritivo, tornando imperativo preservar a vig\u00eancia da norma e ampliar o seu alcance.<a href=\"#_ftn17\" id=\"_ftnref17\"><sup>[17]<\/sup><\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5. Fortalecer as Linhas Sustent\u00e1veis<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Criar incentivos para recupera\u00e7\u00e3o de pastagens: <\/strong>Produtores com projeto t\u00e9cnico de recupera\u00e7\u00e3o ou convers\u00e3o de pastagens degradadas devem ter maiores limites de cr\u00e9dito e melhores condi\u00e7\u00f5es de financiamento.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Integra\u00e7\u00e3o com assist\u00eancia t\u00e9cnica e extens\u00e3o:<\/strong> os financiamentos sustent\u00e1veis devem ser acompanhados de servi\u00e7os de capacita\u00e7\u00e3o e transfer\u00eancia de tecnologia para garantir ado\u00e7\u00e3o de pr\u00e1ticas sustent\u00e1veis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A transi\u00e7\u00e3o para uma produ\u00e7\u00e3o sustent\u00e1vel exige mudan\u00e7a de manejo, conhecimento t\u00e9cnico e adapta\u00e7\u00e3o \u00e0s condi\u00e7\u00f5es locais. Sem financiar a assist\u00eancia, o produtor muitas vezes recebe o cr\u00e9dito, mas n\u00e3o consegue executar o projeto.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Priorizar sistemas de baixo carbono e cadeias da sociobiodiversidade:<\/strong> incentivar produtores que reduzem emiss\u00f5es, recuperam solos e preservam vegeta\u00e7\u00e3o nativa; priorizar atividades de extrativismo sustent\u00e1vel, agroflorestas e sistemas integrados.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Essas atividades geram benef\u00edcios ambientais e sociais que n\u00e3o costumam ser plenamente capturados pelo mercado. Por isso, a pol\u00edtica p\u00fablica deve usar o subs\u00eddio para corrigir essa falha de mercado.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Monitorar efetividade:<\/strong> estabelecer indicadores e metas ambientais claros para cada linha sustent\u00e1vel, com avalia\u00e7\u00e3o peri\u00f3dica e transpar\u00eancia p\u00fablica sobre os resultados.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sem indicadores verific\u00e1veis, linhas sustent\u00e1veis podem financiar opera\u00e7\u00f5es convencionais sob nova classifica\u00e7\u00e3o \u2014 sem qualquer mudan\u00e7a real na produ\u00e7\u00e3o. O monitoramento \u00e9 o mecanismo que distingue pol\u00edtica ambiental de <em>greenwashing<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fundos Constitucionais de Financiamento (FCFs) devem priorizar sustentabilidade e inclus\u00e3o <\/strong>Os FCFs do Norte, Nordeste e Centro-Oeste devem destinar parcela crescente de recursos para linhas sustent\u00e1veis e de inclus\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Al\u00e9m disso, regras dos FCFs devem ser harmonizadas com o Sistema Nacional de Cr\u00e9dito Rural (SNCR).&nbsp; A fragmenta\u00e7\u00e3o regulat\u00f3ria entre FCFs e SNCR gera problema de monitoramento e deve ser superada com urg\u00eancia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Combater a concentra\u00e7\u00e3o de mercado no cr\u00e9dito sustent\u00e1vel: <\/strong>A concentra\u00e7\u00e3o de mercado inibe a competi\u00e7\u00e3o entre agentes financeiros e limita o cr\u00e9dito. A pol\u00edtica agropecu\u00e1ria deve fomentar a diversifica\u00e7\u00e3o de institui\u00e7\u00f5es financeiras habilitadas a operar linhas de cr\u00e9dito sustent\u00e1vel no interior do pa\u00eds. Mecanismos de financiamento misto \u2014 combina\u00e7\u00e3o de recursos p\u00fablicos e capital privado \u2014 devem ser incentivados para diversificar fontes e alcan\u00e7ar produtores subatendidos.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6. Fortalecer a Assist\u00eancia T\u00e9cnica<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ampliar substancialmente o or\u00e7amento para ATER p\u00fablica no Plano Safra 2026\/27: <\/strong>a assist\u00eancia t\u00e9cnica p\u00fablica para a agricultura familiar continua dependente de dota\u00e7\u00f5es discricion\u00e1rias e fragmentadas, insuficientes para atender \u00e0 demanda existente. O Minist\u00e9rio do Desenvolvimento Agr\u00e1rio e Agricultura Familiar (MDA) deve ampliar o or\u00e7amento dedicado \u00e0 ATER no Plano Safra 2026\/27. Evid\u00eancias do CPI\/PUC-Rio<a href=\"#_ftn18\" id=\"_ftnref18\"><sup>[18]<\/sup><\/a>apontam que a disponibilidade de ATER \u00e9 o principal determinante do acesso ao Pronaf nas regi\u00f5es Norte e Nordeste. Sem esse comprometimento or\u00e7ament\u00e1rio expl\u00edcito, as demais recomenda\u00e7\u00f5es de inclus\u00e3o e sustentabilidade perdem sua viabilidade operacional.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Acompanhamento cont\u00ednuo da assist\u00eancia t\u00e9cnica:<\/strong> planos de assist\u00eancia t\u00e9cnica devem acompanhar o produtor do planejamento \u00e0 execu\u00e7\u00e3o e ao monitoramento, especialmente em projetos de recupera\u00e7\u00e3o ambiental e transi\u00e7\u00e3o agroecol\u00f3gica.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O acompanhamento cont\u00ednuo reduz falhas de implementa\u00e7\u00e3o e aumenta a probabilidade de \u00eaxito dos projetos. Em opera\u00e7\u00f5es mais complexas, o risco de insucesso sem apoio t\u00e9cnico \u00e9 elevado, o que enfraquece o impacto do cr\u00e9dito.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Programas espec\u00edficos para mulheres, jovens e comunidades tradicionais:<\/strong> desenvolver pacotes t\u00e9cnicos adaptados \u00e0s realidades socioecon\u00f4micas de diferentes grupos, assegurando que as linhas de inclus\u00e3o atinjam seus p\u00fablicos-alvo. A adapta\u00e7\u00e3o dos instrumentos t\u00e9cnicos \u00e9 necess\u00e1ria para que o desenho inclusivo se traduza em acesso efetivo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Capacita\u00e7\u00e3o de agentes financeiros:<\/strong> treinar bancos e cooperativas de cr\u00e9dito para avaliar projetos sustent\u00e1veis e acompanhar indicadores socioambientais. A baixa execu\u00e7\u00e3o das linhas sustent\u00e1veis \u00e9 tamb\u00e9m resultado do desconhecimento e baixa capacidade operacional das institui\u00e7\u00f5es financeiras. Sem capacita\u00e7\u00e3o, o agente financeiro n\u00e3o sabe avaliar projetos sustent\u00e1veis, n\u00e3o conhece os crit\u00e9rios das linhas de cr\u00e9dito e tende a reproduzir os padr\u00f5es de concess\u00e3o que j\u00e1 conhece.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A ATER deve ser eleg\u00edvel ao cr\u00e9dito com melhores condi\u00e7\u00f5es de financiamento: <\/strong>a assist\u00eancia t\u00e9cnica vinculada \u00e0 ado\u00e7\u00e3o de pr\u00e1ticas agropecu\u00e1rias sustent\u00e1veis \u2014 conforme definidas pela Taxonomia Sustent\u00e1vel Brasileira \u2014 deve ser eleg\u00edvel a melhores condi\u00e7\u00f5es de financiamento. Sem suporte t\u00e9cnico, o agricultor familiar n\u00e3o consegue adotar boas pr\u00e1ticas produtivas independentemente da disponibilidade de cr\u00e9dito. A ATER deve deixar de ser tratada como custo acess\u00f3rio e passar a ser parte integrante da pol\u00edtica de cr\u00e9dito sustent\u00e1vel.<a href=\"#_ftn19\" id=\"_ftnref19\"><sup>[19]<\/sup><\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>7. Expandir o Seguro Rural e a Gest\u00e3o de Risco Clim\u00e1tico<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Inserir a agricultura familiar no Programa de Seguro Rural (PSR):<\/strong> incluir explicitamente os agricultores familiares como p\u00fablico eleg\u00edvel e criar produtos de seguro adequados aos valores contratados no Pronaf.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O cr\u00e9dito sem prote\u00e7\u00e3o contra perdas clim\u00e1ticas pode aumentar a vulnerabilidade financeira do produtor. Para perfis mais fr\u00e1geis, o risco clim\u00e1tico elevado reduz tanto a demanda quanto a oferta efetiva de cr\u00e9dito.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Desenvolver seguros param\u00e9tricos e de baixo custo:<\/strong> instrumentos baseados em \u00edndices clim\u00e1ticos podem reduzir custos e agilizar pagamentos, protegendo pequenos produtores contra eventos extremos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Esses produtos s\u00e3o particularmente promissores para a agricultura familiar porque exigem menor custo administrativo e podem funcionar em regi\u00f5es com baixa presen\u00e7a institucional. Al\u00e9m disso, pagamentos mais r\u00e1pidos ajudam a preservar a continuidade produtiva.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Integra\u00e7\u00e3o cr\u00e9dito\u2013seguro\u2013assist\u00eancia t\u00e9cnica:<\/strong> estruturar mecanismos em que o seguro cubra parcialmente riscos de produ\u00e7\u00e3o, incentivando pr\u00e1ticas de redu\u00e7\u00e3o de risco e consolidando a rela\u00e7\u00e3o entre banco e produtor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A integra\u00e7\u00e3o entre instrumentos gera complementariedade: o cr\u00e9dito financia, o seguro protege e a assist\u00eancia t\u00e9cnica aumenta a chance de sucesso produtivo. Isoladamente, cada um desses instrumentos tende a ter impacto menor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Implementar o ZarcNM: <\/strong>o ZARC atual trata todos os produtores como iguais, independentemente da tecnologia adotada. Um piloto do ZarcNM foi lan\u00e7ado para a soja no Paran\u00e1 na safra 2025\/26, com R$ 8 milh\u00f5es em subven\u00e7\u00e3o diferenciada por desempenho ambiental \u2014 classifica\u00e7\u00e3o em quatro n\u00edveis (NM1 a NM4) baseada em seis indicadores, como c\u00e1lcio no solo, cobertura de palha, tempo sem revolvimento e diversidade de culturas. Para a safra 2026\/27, o Minist\u00e9rio da Agricultura anunciou a expans\u00e3o do ZarcNM para os tr\u00eas estados do Sul e Mato Grosso do Sul. A recomenda\u00e7\u00e3o \u00e9 continuar expandindo o ZarcNM para as linhas do Pronaf e para a agricultura familiar em todas as regi\u00f5es, tornando-o instrumento de inclus\u00e3o de produtores com melhores pr\u00e1ticas e de moderniza\u00e7\u00e3o do seguro rural p\u00fablico.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Priorizar produtores com pr\u00e1ticas sustent\u00e1veis e em regi\u00f5es subatendidas na reforma<br>do PSR: <\/strong>o Governo Federal anunciou o redesenho do seguro rural como novidade do Plano Safra 2026\/27, com proposta de tornar a contrata\u00e7\u00e3o de seguro obrigat\u00f3ria para produtores que acessarem cr\u00e9dito controlado. Se o seguro se tornar obrigat\u00f3rio, o desafio passa a ser garantir que os crit\u00e9rios de aloca\u00e7\u00e3o da subven\u00e7\u00e3o realmente favore\u00e7am produtores com boas pr\u00e1ticas ambientais e regi\u00f5es subatendidas \u2014 e n\u00e3o apenas ampliar o n\u00famero de contratos. A subven\u00e7\u00e3o deve ser maior para regi\u00f5es de alta vulnerabilidade clim\u00e1tica e para produtores de menor porte, criando uma estrutura progressiva que use o PSR como instrumento de inclus\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Avan\u00e7ar com a regulamenta\u00e7\u00e3o do fundo p\u00fablico-privado: <\/strong>Para que o fundo p\u00fablico-privado de resseguro rural criado pelo PL n\u00ba 2951\/2024 cumpra sua fun\u00e7\u00e3o de ampliar a cobertura para biomas e culturas subatendidos \u2014 e n\u00e3o apenas concentrar recursos onde o mercado j\u00e1 atua \u2014 \u00e9 essencial que a regulamenta\u00e7\u00e3o diferencie os aportes das seguradoras conforme suas estrat\u00e9gias de diversifica\u00e7\u00e3o de risco. Al\u00e9m disso, o compartilhamento de dados de cr\u00e9dito e seguro rural deve ser condi\u00e7\u00e3o de operacionalidade do fundo.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>8. Monitorar e Garantir o Uso Eficiente do Cr\u00e9dito<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Integrar sistemas de informa\u00e7\u00e3o ambiental na concess\u00e3o do cr\u00e9dito:<\/strong> automatizar a consulta ao CAR, ao PRODES e ao Cadastro de Empregadores em Condi\u00e7\u00f5es An\u00e1logas \u00e0 Escravid\u00e3o no momento da concess\u00e3o, eliminando brechas para opera\u00e7\u00f5es em desconformidade. A integra\u00e7\u00e3o tecnol\u00f3gica \u00e9 a condi\u00e7\u00e3o para que os impedimentos ambientais se tornem verifica\u00e7\u00e3o sistem\u00e1tica e n\u00e3o depend\u00eancia da dilig\u00eancia de cada agente financeiro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A verifica\u00e7\u00e3o autom\u00e1tica reduz o custo operacional da conformidade para os agentes financeiros, eliminando um argumento recorrente de que as exig\u00eancias ambientais encarecem o cr\u00e9dito. Al\u00e9m disso, cria rastro audit\u00e1vel que fortalece a responsabiliza\u00e7\u00e3o das institui\u00e7\u00f5es que eventualmente desrespeitem os impedimentos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Monitoramento p\u00f3s-cr\u00e9dito:<\/strong> implementar sistemas de acompanhamento que verifiquem o cumprimento dos projetos t\u00e9cnicos e metas socioambientais. Ferramentas de sensoriamento remoto e auditorias independentes podem apoiar essa verifica\u00e7\u00e3o.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O monitoramento posterior \u00e9 essencial para que o cr\u00e9dito funcione como instrumento de indu\u00e7\u00e3o e n\u00e3o apenas como transfer\u00eancia financeira. Sem acompanhamento, perde-se a capacidade de corrigir desvios e medir resultados.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Transpar\u00eancia e presta\u00e7\u00e3o de contas:<\/strong> divulgar periodicamente dados sobre concess\u00f5es, impactos socioambientais e distribui\u00e7\u00e3o regional, permitindo avalia\u00e7\u00e3o p\u00fablica do retorno social dos recursos p\u00fablicos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Maior transpar\u00eancia melhora a governan\u00e7a, facilita o debate p\u00fablico e cria incentivos para aperfei\u00e7oamento cont\u00ednuo da pol\u00edtica. Tamb\u00e9m permite identificar com mais precis\u00e3o quais perfis, regi\u00f5es e linhas est\u00e3o de fato sendo beneficiados.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclus\u00f5es<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">O Pronaf \u2014 que contou com R$ 78,2 bilh\u00f5es dos R$ 89 bilh\u00f5es do Plano Safra da Agricultura Familiar 2025\/26 \u2014 \u00e9 a principal pol\u00edtica de financiamento da agricultura familiar no Brasil e, justamente por isso, n\u00e3o pode continuar operando de forma regressiva. O programa hoje concentra seus recursos nos produtores mais capitalizados, nas regi\u00f5es mais ricas e nos cultivos de gr\u00e3os, enquanto os agricultores mais vulner\u00e1veis \u2014 aqueles que mais dependem do cr\u00e9dito p\u00fablico \u2014 seguem sendo os menos atendidos. As novas linhas de inclus\u00e3o e sustentabilidade do Plano Safra 2025\/26 s\u00e3o um avan\u00e7o no desenho da pol\u00edtica, mas sua execu\u00e7\u00e3o segue marginal: sem escala, or\u00e7amento e capacidade operacional, n\u00e3o passam de sinaliza\u00e7\u00f5es normativas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Pronaf deve ser avaliado no contexto macroecon\u00f4mico atual. Com taxas de juros elevadas, os recursos p\u00fablicos destinados ao cr\u00e9dito rural tornam-se mais escassos e disputados. Isso refor\u00e7a a necessidade de reorientar subs\u00eddios para usos de maior retorno social, ambiental e produtivo \u2014 priorizando os agricultores que dependem efetivamente do cr\u00e9dito p\u00fablico.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">O Pronaf no Plano Safra 2026\/27 deve ser reformado e ter a\u00e7\u00f5es concretas: excluir quem n\u00e3o precisa e incluir quem precisa; garantir or\u00e7amento expl\u00edcito e monitor\u00e1vel para as linhas sustent\u00e1veis; vincular cr\u00e9dito \u00e0 assist\u00eancia t\u00e9cnica e ao seguro rural; e impedir que recursos p\u00fablicos subsidiados financiem desmatamento \u2014 legal ou ilegal. A prioridade n\u00e3o deve ser criar novos instrumentos, mas fazer os instrumentos existentes funcionar para os objetivos deveriam alcan\u00e7ar. O Pronaf tem todos os elementos para ser um motor de inclus\u00e3o produtiva, resili\u00eancia clim\u00e1tica e transi\u00e7\u00e3o sustent\u00e1vel. Agora, \u00e9 necess\u00e1rio corrigir as distor\u00e7\u00f5es que o tornam um programa que privilegia os que produtores mais consolidados.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ap\u00eandice: Distribui\u00e7\u00e3o do Cr\u00e9dito do Pronaf por Modalidade de Financiamento<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tabela 1. <\/strong>Compara\u00e7\u00e3o entre o Ano-Safra 2024\/25 e o Per\u00edodo Jul\/2025\u2013Abr\/2026<\/p>\n\n\n\n<div class=\"flourish-embed flourish-table\" data-src=\"visualisation\/29092866?502650\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/29092866\/thumbnail\" width=\"100%\" alt=\"table visualization\" \/><\/noscript><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Nota:<\/strong> As linhas do Pronaf que n\u00e3o operam ou n\u00e3o s\u00e3o vis\u00edveis no Sicor s\u00e3o Pronaf Produtivo Orientado, Pronaf Conectividade, Pronaf Acessibilidade Rural e Pronaf Habita\u00e7\u00e3o.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Fonte: <\/strong>CPI\/PUC-Rio com base em dados do SICOR\/BCB, 2026<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Este trabalho \u00e9 financiado por Porticus Foundation e Gordon and Betty Moore Foundation. Nossos parceiros e financiadores n\u00e3o necessariamente compartilham das posi\u00e7\u00f5es expressas nesta publica\u00e7\u00e3o.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>A autora agradece a Alan Leal e Lucas Afflalo pelo apoio na atualiza\u00e7\u00e3o e valida\u00e7\u00e3o dos dados utilizados neste estudo; a Juliano Assun\u00e7\u00e3o e Natalie Hoover pelos coment\u00e1rios e sugest\u00f5es; a Giovanna de Miranda e Camila Calado pela revis\u00e3o e edi\u00e7\u00e3o do texto; e a Meyrele Nascimento pelo trabalho de design gr\u00e1fico.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref1\" id=\"_ftn1\">[1]<\/a> Instituto Brasileiro de Geografia e Estat\u00edstica (IBGE). <em>Censo Agropecu\u00e1rio 2017: Resultados Definitivos.<\/em> 2017. <a href=\"https:\/\/bit.ly\/4eML2KZ\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/4eML2KZ<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref2\" id=\"_ftn2\">[2]<\/a> CPI\/PUC-Rio com base em dados do Sistema de Opera\u00e7\u00f5es do Cr\u00e9dito Rural e do Proagro (Sicor), do Banco Central do Brasil (BCB), e do Censo Agropecu\u00e1rio 2017 (IBGE).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref3\" id=\"_ftn3\">[3]<\/a> CPI\/PUC-Rio, com base em dados do Sicor e do BCB.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref4\" id=\"_ftn4\">[4]<\/a> Assun\u00e7\u00e3o, Juliano e Priscila Souza. <em>Os impactos do Cr\u00e9dito Rural na produ\u00e7\u00e3o agropecu\u00e1ria e no uso da terra: Uma an\u00e1lise por linhas de cr\u00e9dito, tipo de produtor e finalidade do cr\u00e9dito<\/em>. Rio de Janeiro: Climate Policy Initiative, 2020. <a href=\"https:\/\/bit.ly\/42QENyf\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/42QENyf<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref5\" id=\"_ftn5\">[5]<\/a> Leal, Alan, Juliano Assun\u00e7\u00e3o e Natalie Hoover.<em>Quem Fica de Fora do Pronaf? Caminhos para ampliar o acesso ao cr\u00e9dito entre agricultores familiares. <\/em>Rio de Janeiro: Climate Policy Initiative, 2026.<a href=\"https:\/\/bit.ly\/QuemFicaDeForaPronaf\" target=\"_blank\" rel=\"noreferrer noopener\">bit.ly\/QuemFicaDeForaPronaf<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref6\" id=\"_ftn6\">[6]<\/a> Para esse c\u00e1lculo, utilizou-se o Sicor para identificar as transa\u00e7\u00f5es vinculadas ao Pronaf e, a partir da contagem de Cadastros Ambientais Rurais (CAR) distintos, identificou-se um total de 810.191 propriedades que acessaram o Pronaf no ano agr\u00edcola 2024\/25. Para o n\u00famero de estabelecimentos da agricultura familiar, utilizou-se o Censo Agropecu\u00e1rio de 2017, em que foram registrados 3.897.329 estabelecimentos. A partir desses valores, calculou-se 1 \u2013 (810.191\/3.897.329), obtendo-se aproximadamente 79%. Cerca de 8,32% das transa\u00e7\u00f5es do Pronaf em 2024\/25 n\u00e3o possu\u00edam registro de CAR no Sicor e foram removidas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref7\" id=\"_ftn7\">[7]<\/a> Souza, Priscila e Amanda de Albuquerque. <em>Agricultura Familiar Brasileira: Desigualdades no Acesso ao Cr\u00e9dito<\/em>. Rio de Janeiro: Climate Policy Initiative, 2023. <a href=\"https:\/\/bit.ly\/AgriculturaFamiliarBrasileira\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/AgriculturaFamiliarBrasileira<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref8\" id=\"_ftn8\">[8]<\/a> Ibid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref9\" id=\"_ftn9\">[9]<\/a> Banco Central do Brasil (BCB). <em>Matriz de Dados do Cr\u00e9dito Rural &#8211; MDCR<\/em>. 2026. Data de acesso: 29 de abril de 2026. <a href=\"https:\/\/bit.ly\/42Rx17n\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/42Rx17n<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref10\" id=\"_ftn10\">[10]<\/a> Ibid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref11\" id=\"_ftn11\">[11]<\/a> Assun\u00e7\u00e3o, Juliano e&nbsp; Priscila Souza. <em>Os impactos do Cr\u00e9dito Rural na produ\u00e7\u00e3o agropecu\u00e1ria e no uso da terra: Uma an\u00e1lise por linhas de cr\u00e9dito, tipo de produtor e finalidade do cr\u00e9dito<\/em>. Rio de Janeiro: Climate Policy Initiative, 2020. <a href=\"https:\/\/bit.ly\/42QENyf\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/42QENyf<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref12\" id=\"_ftn12\">[12]<\/a> Leal, Alan, Juliano Assun\u00e7\u00e3o e Natalie Hoover. <em>Quem Fica de Fora do Pronaf? Caminhos para ampliar o acesso ao cr\u00e9dito entre agricultores familiares<\/em>. Rio de Janeiro: Climate Policy Initiative, 2026. <a href=\"https:\/\/bit.ly\/QuemFicaDeForaPronaf\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/QuemFicaDeForaPronaf<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref13\" id=\"_ftn13\">[13]<\/a> de Albuquerque, Amanda et al. <em>Agricultores Familiares da Caatinga e do Cerrado: Mapeamento para a Promo\u00e7\u00e3o de uma Transi\u00e7\u00e3o Rural Justa no Brasil<\/em>. Rio de Janeiro: Climate Policy Initiative, 2023. <a href=\"https:\/\/bit.ly\/AgricultoresdaCaatingaeCerrado\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/AgricultoresdaCaatingaeCerrado<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref14\" id=\"_ftn14\">[14]<\/a> Instituto Socioambiental (ISA). <em>Distor\u00e7\u00f5es no Plano Safra dificultam acesso de povos e comunidades tradicionais ao cr\u00e9dito rural<\/em>. 2026. Data de acesso: 6 de maio de 2026. <a href=\"https:\/\/bit.ly\/4uw4jVp\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/4uw4jVp<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref15\" id=\"_ftn15\">[15]<\/a> Instituto Socioambiental (ISA). <em>Pronaf financia pecu\u00e1ria na Amaz\u00f4nia e deixa sociobioeconomia \u00e0 margem<\/em>. 2024. Data de acesso: 6 de maio de 2026. <a href=\"https:\/\/bit.ly\/4cVi7D6\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/4cVi7D6<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref16\" id=\"_ftn16\">[16]<\/a> Souza, Priscila e Wagner Faria de Oliveira. <em>Recomenda\u00e7\u00f5es para o Plano Safra 2025\/2026<\/em>. Rio de Janeiro: Climate Policy Initiative, 2025. <a href=\"https:\/\/bit.ly\/PlanoSafra2025-2026\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/PlanoSafra2025-2026<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref17\" id=\"_ftn17\">[17]<\/a> Ibid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref18\" id=\"_ftn18\">[18]<\/a> Leal, Alan, Juliano Assun\u00e7\u00e3o e Natalie Hoover. <em>Quem Fica de Fora do Pronaf? Caminhos para ampliar o acesso ao cr\u00e9dito entre agricultores familiares<\/em>. Rio de Janeiro: Climate Policy Initiative, 2026. <a href=\"https:\/\/bit.ly\/QuemFicaDeForaPronaf\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/QuemFicaDeForaPronaf<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref19\" id=\"_ftn19\">[19]<\/a> Souza, Priscila e Wagner Faria de Oliveira. <em>Recomenda\u00e7\u00f5es para o Plano Safra 2025\/2026<\/em>. Rio de Janeiro: Climate Policy Initiative, 2025. <a href=\"https:\/\/bit.ly\/PlanoSafra2025-2026\" target=\"_blank\" rel=\"noreferrer noopener\"><u>bit.ly\/PlanoSafra2025-2026<\/u><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pesquisadores do CPI\/PUC-Rio analisam o Pronaf, com foco em sua distribui\u00e7\u00e3o, execu\u00e7\u00e3o e capacidade de promover inclus\u00e3o produtiva e sustentabilidade. <\/p>\n","protected":false},"author":233,"featured_media":121305,"template":"","format":"standard","meta":{"_acf_changed":true},"programs":[1241],"regions":[1377],"topics":[1351,1339],"collaborations":[],"class_list":["post-121303","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-brazil-policy-center","regions-brasil","topics-agricultura-sustentavel","topics-credito-rural"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel - CPI\" \/>\n<meta property=\"og:description\" content=\"Pesquisadores do CPI\/PUC-Rio analisam o Pronaf, com foco em sua distribui\u00e7\u00e3o, execu\u00e7\u00e3o e capacidade de promover inclus\u00e3o produtiva e sustentabilidade.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-04T05:39:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_243596180_L-1024x684.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"684\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"36 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/\",\"name\":\"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_243596180_L.jpg\",\"datePublished\":\"2026-05-25T13:13:40+00:00\",\"dateModified\":\"2026-06-04T05:39:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_243596180_L.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_243596180_L.jpg\",\"width\":2000,\"height\":1335},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/","og_locale":"pt_BR","og_type":"article","og_title":"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel - CPI","og_description":"Pesquisadores do CPI\/PUC-Rio analisam o Pronaf, com foco em sua distribui\u00e7\u00e3o, execu\u00e7\u00e3o e capacidade de promover inclus\u00e3o produtiva e sustentabilidade.","og_url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-06-04T05:39:39+00:00","og_image":[{"width":1024,"height":684,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_243596180_L-1024x684.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"36 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/","name":"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_243596180_L.jpg","datePublished":"2026-05-25T13:13:40+00:00","dateModified":"2026-06-04T05:39:39+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_243596180_L.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_243596180_L.jpg","width":2000,"height":1335},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/quem-mais-precisa-menos-acessa-recomendacoes-para-um-pronaf-inclusivo-e-sustentavel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Quem mais Precisa, Menos Acessa: Recomenda\u00e7\u00f5es para um Pronaf Inclusivo e Sustent\u00e1vel"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/233"}],"version-history":[{"count":0,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/121305"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=121303"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=121303"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=121303"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=121303"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=121303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":121351,"date":"2026-05-25T07:31:57","date_gmt":"2026-05-25T07:31:57","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=121351"},"modified":"2026-06-04T07:07:38","modified_gmt":"2026-06-04T07:07:38","slug":"assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/","title":{"rendered":"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Over the past three decades, India has experienced more than 400 extreme weather events. Its power sector, spanning thermal plants, solar parks, wind installations, and transmission infrastructure, faces escalating physical risk across every layer of the value chain. Yet most existing climate risk tools stop at hazard identification, offering qualitative ratings rather than quantified operational or financial impact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CRAF is designed to close that gap. Developed by Climate Policy Initiative India, the framework applies a seven-stage methodology to produce district-level hazard indices, asset-specific vulnerability scores, and Expected Annual Loss (EAL) and Energy Not Served (ENS) estimates calibrated to Indian power sector conditions. It is intended to serve as the sector-specific analytical layer between India&#8217;s forthcoming National Adaptation Plan and the granular outputs required by investment and planning decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The framework is relevant across the power sector value chain, for project developers integrating climate projections into site selection and engineering design, financiers translating physical hazard data into credit and portfolio risk metrics, insurers developing forward-looking actuarial models, and EPC contractors specifying climate-resilient infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An upcoming technical brief will apply the methodology at the district scale across India\u2019s power&nbsp;sector asset base, using climate hazard datasets, sample asset models, and vulnerability parameters&nbsp;described in this paper.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>We welcome stakeholder inputs on our methodology. Please reach out to the Managers, MD Tariq Habib (Tariq.Habib@cpiglobal.org<\/em>)<em>, and Saumya Tiwari (Saumya.Tiwari@cpiglobal.org<\/em>)<em>.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span class=\"button\"><a href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Discussion-paper-Assessing-Climate-Risks-to-Indias-Power-Sector.pdf\" type=\"link\" id=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Discussion-paper-Assessing-Climate-Risks-to-Indias-Power-Sector.pdf\">DOWNLOAD THE PAPER HERE<\/a><\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span class=\"button\"><a href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Annexure-Assessing-Climate-Risks-to-Indias-Power-Sector.pdf\" type=\"link\" id=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Annexure-Assessing-Climate-Risks-to-Indias-Power-Sector.pdf\">annexure<\/a><\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India has faced 400+ extreme weather events over three decades, yet most climate risk tools stop at hazard identification. CRAF, developed by CPI India, goes further \u2014 quantifying operational and financial risk across the power sector value chain.<\/p>\n","protected":false},"author":242,"featured_media":121355,"template":"","format":"standard","meta":{"_acf_changed":false},"programs":[1836],"regions":[155],"topics":[1010,1193,1200],"collaborations":[],"class_list":["post-121351","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-just-energy-transition","regions-india","topics-adaptation-and-resilience","topics-climate-transition-risk","topics-energy-and-infrastructure"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems - CPI<\/title>\n<meta name=\"description\" content=\"India has faced 400+ extreme weather events over three decades, yet most climate risk tools stop at hazard identification. CRAF, developed by CPI India, goes further \u2014 quantifying operational and financial risk across the power sector value chain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems - CPI\" \/>\n<meta property=\"og:description\" content=\"India has faced 400+ extreme weather events over three decades, yet most climate risk tools stop at hazard identification. CRAF, developed by CPI India, goes further \u2014 quantifying operational and financial risk across the power sector value chain.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-04T07:07:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_5579876_XL-Web.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1417\" \/>\n\t<meta property=\"og:image:height\" content=\"942\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/\",\"name\":\"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_5579876_XL-Web.jpg\",\"datePublished\":\"2026-05-25T07:31:57+00:00\",\"dateModified\":\"2026-06-04T07:07:38+00:00\",\"description\":\"India has faced 400+ extreme weather events over three decades, yet most climate risk tools stop at hazard identification. CRAF, developed by CPI India, goes further \u2014 quantifying operational and financial risk across the power sector value chain.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_5579876_XL-Web.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/Depositphotos_5579876_XL-Web.jpg\",\"width\":1417,\"height\":942},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems - CPI","description":"India has faced 400+ extreme weather events over three decades, yet most climate risk tools stop at hazard identification. CRAF, developed by CPI India, goes further \u2014 quantifying operational and financial risk across the power sector value chain.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/","og_locale":"pt_BR","og_type":"article","og_title":"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems - CPI","og_description":"India has faced 400+ extreme weather events over three decades, yet most climate risk tools stop at hazard identification. CRAF, developed by CPI India, goes further \u2014 quantifying operational and financial risk across the power sector value chain.","og_url":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-06-04T07:07:38+00:00","og_image":[{"width":1417,"height":942,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_5579876_XL-Web.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"2 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/","url":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/","name":"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_5579876_XL-Web.jpg","datePublished":"2026-05-25T07:31:57+00:00","dateModified":"2026-06-04T07:07:38+00:00","description":"India has faced 400+ extreme weather events over three decades, yet most climate risk tools stop at hazard identification. CRAF, developed by CPI India, goes further \u2014 quantifying operational and financial risk across the power sector value chain.","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_5579876_XL-Web.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2026\/05\/Depositphotos_5579876_XL-Web.jpg","width":1417,"height":942},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/publication\/assessing-climate-risks-to-indias-power-sector-a-district-level-and-asset-level-methodology-for-climate-resilient-power-systems\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Assessing Climate Risks to India\u2019s Power Sector: A District-Level and Asset-Level Methodology for Climate-Resilient Power Systems"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/242"}],"version-history":[{"count":0,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/121351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/121355"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=121351"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=121351"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=121351"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=121351"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=121351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":46611,"date":"2026-05-22T15:42:00","date_gmt":"2026-05-22T15:42:00","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=46611"},"modified":"2026-05-26T17:02:10","modified_gmt":"2026-05-26T17:02:10","slug":"barometro-do-codigo-florestal-no-legislativo","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/","title":{"rendered":"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">O Bar\u00f4metro do C\u00f3digo Florestal no Legislativo, uma iniciativa do CPI\/PUC-Rio, mede a press\u00e3o para altera\u00e7\u00e3o do C\u00f3digo Florestal por meio de projetos de lei (PLs) em tramita\u00e7\u00e3o no Congresso Nacional.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Lei n<sup>o<\/sup> 12.651, de 25 de maio de 2012, sobre a prote\u00e7\u00e3o da vegeta\u00e7\u00e3o nativa, conhecida simplesmente por C\u00f3digo Florestal, tramitou por mais de uma d\u00e9cada no Congresso Nacional e foi fruto de um duro e longo processo de negocia\u00e7\u00e3o. Apesar do acordo feito em 2012, diversos PLs vem sendo apresentados para alterar dispositivos do C\u00f3digo Florestal. Algumas propostas pretendem alterar pontualmente um artigo da lei, mas h\u00e1 outras que prop\u00f5em modifica\u00e7\u00e3o substancial \u00e0 sistem\u00e1tica atualmente em vigor, diminuindo a prote\u00e7\u00e3o da vegeta\u00e7\u00e3o nativa, inclusive com tentativas de destituir institutos preservacionistas consagrados, como Reserva Legal e APP.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As informa\u00e7\u00f5es s\u00e3o apresentadas em tabelas, indicam o n\u00famero do PL, o link para o site da ficha de tramita\u00e7\u00e3o na respectiva casa legislativa, a ementa, a \u00faltima atividade legislativa e a situa\u00e7\u00e3o de tramita\u00e7\u00e3o, o objeto principal de mudan\u00e7a no C\u00f3digo Florestal e seu impacto e, por fim, a autoria do PL.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estas informa\u00e7\u00f5es, atualizadas periodicamente, facilitam o acesso \u00e0 informa\u00e7\u00e3o das atividades legislativas e permitem \u00e0 sociedade o monitoramento e controle destas propostas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A primeira tabela destaca os PLs de maior impacto e as outras duas tabelas listam os PLs em tramita\u00e7\u00e3o no Senado Federal e na C\u00e2mara dos Deputados, respectivamente.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tabelas de Projetos de Lei (PLs) em Tramita\u00e7\u00e3o no Congresso Nacional<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Use as setas para navegar entre as tabelas. \u00c9 poss\u00edvel tamb\u00e9m ordenar as colunas e fazer buscas.<\/p>\n\n\n\n<div class=\"flourish-embed\" data-src=\"story\/1552121\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Para entrar em contato com a equipe do CPI\/PUC-Rio que trabalha no projeto do C\u00f3digo Florestal envie um e-mail para: <a href=\"mailto:codigoflorestal@cpiglobal.org\" target=\"_blank\" rel=\"noreferrer noopener\">codigoflorestal@cpiglobal.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>O Bar\u00f4metro do C\u00f3digo Florestal no Legislativo, uma iniciativa do Climate Policy Iniative\/ Pontif\u00edcia Universidade Cat\u00f3lica do Rio de Janeiro (CPI\/PUC-Rio), mede a press\u00e3o para altera\u00e7\u00e3o do C\u00f3digo Florestal por meio de projetos de lei (PLs) em tramita\u00e7\u00e3o no Congresso Nacional.<\/p>\n","protected":false},"author":269,"featured_media":50282,"template":"singular-scrollytelling.php","format":"standard","meta":{"_acf_changed":false},"programs":[1241],"regions":[1377],"topics":[1458,1246,1267,1320],"collaborations":[],"class_list":["post-46611","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-brazil-policy-center","regions-brasil","topics-analise-legal","topics-codigo-florestal","topics-direito-e-governanca-do-clima","topics-uso-da-terra-e-conservacao"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bar\u00f4metro do C\u00f3digo Florestal no Legislativo - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo - CPI\" \/>\n<meta property=\"og:description\" content=\"O Bar\u00f4metro do C\u00f3digo Florestal no Legislativo, uma iniciativa do Climate Policy Iniative\/ Pontif\u00edcia Universidade Cat\u00f3lica do Rio de Janeiro (CPI\/PUC-Rio), mede a press\u00e3o para altera\u00e7\u00e3o do C\u00f3digo Florestal por meio de projetos de lei (PLs) em tramita\u00e7\u00e3o no Congresso Nacional.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-26T17:02:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/05\/barometro.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1318\" \/>\n\t<meta property=\"og:image:height\" content=\"1291\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/\",\"name\":\"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/barometro.jpg\",\"datePublished\":\"2026-05-22T15:42:00+00:00\",\"dateModified\":\"2026-05-26T17:02:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/barometro.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/barometro.jpg\",\"width\":1318,\"height\":1291},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/publication\\\/barometro-do-codigo-florestal-no-legislativo\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/","og_locale":"pt_BR","og_type":"article","og_title":"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo - CPI","og_description":"O Bar\u00f4metro do C\u00f3digo Florestal no Legislativo, uma iniciativa do Climate Policy Iniative\/ Pontif\u00edcia Universidade Cat\u00f3lica do Rio de Janeiro (CPI\/PUC-Rio), mede a press\u00e3o para altera\u00e7\u00e3o do C\u00f3digo Florestal por meio de projetos de lei (PLs) em tramita\u00e7\u00e3o no Congresso Nacional.","og_url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-05-26T17:02:10+00:00","og_image":[{"width":1318,"height":1291,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/05\/barometro.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@climatepolicy","twitter_misc":{"Est. tempo de leitura":"2 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/","name":"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/05\/barometro.jpg","datePublished":"2026-05-22T15:42:00+00:00","dateModified":"2026-05-26T17:02:10+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/05\/barometro.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/05\/barometro.jpg","width":1318,"height":1291},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/barometro-do-codigo-florestal-no-legislativo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Bar\u00f4metro do C\u00f3digo Florestal no Legislativo"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/46611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/users\/269"}],"version-history":[{"count":0,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/cpi_publications\/46611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media\/50282"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/media?parent=46611"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/programs?post=46611"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/regions?post=46611"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/topics?post=46611"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/wp-json\/wp\/v2\/collaborations?post=46611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}]