Green Investment in Rio de Janeiro

25 April 2022

The energy transition is taking place here and now. Aware of its importance and inherent opportunities, the City and State of Rio de Janeiro have been developing several policy measures towards fostering activities and investments related to clean energy, decarbonisation and net-zero commitments.

Among these measures are the design of specific tax benefits, the creation of a green stock exchange in the City and, at State level, the issuing of carbon credits and green bonds grounded on environmentally protected areas within its territory, such as natural reserves, forests and parks.

Opening:

-  Welcoming address by Roberto Doring, Minister-Councillor and Deputy Head of Mission at the Embassy of Brazil in London
- Opening remarks by Vera Innes, Chair of the Brazilian Chamber of Commerce in GB
- Opening remarks by Gustavo Braga, founding partner at BBS - Braga, Bastos & Sá Advogados and Head of the Tax Committee of the Brazilian Chamber of Commerce in GB

Governmental initiatives in supporting sustainability transition - the Rio's case

- Ricardo Almeida, Rio de Janeiro Municipal Tax Attorney and member of the work group "Bolsa Verde no Rio"

Rio de Janeiro State tax incentives to green investments

- Rafael Lyrio, Director of Tax Incentives at the Rio de Janeiro State Industrial Development Agency (Companhia de Desenvolvimento Industrial do RJ – CODIN)

The State of Rio's Policy on Sustainable Assets

- Daniela Demoro, member of the Rio de Janeiro State Secretary of Planning's team leading the State's initiative concerning carbon credits

Tax in the Energy Transition

- Sara Ostrowski, Head of Energy Transition for Tax and Tax Projects at Shell

Q&A Session

- Fabio Gaspar, Brazil Tax Director at Shell and Vice-Chair of the Tax Committee of the Brazilian Chamber of Commerce in GB

Closing

- Gustavo Braga, founding partner at BBS - Braga, Bastos & Sá Advogados and Head of the Tax Committee of the Brazilian Chamber of Commerce in GB