backOn April 30, the Central Bank of Brazil launched a public consultation to standardize the accounting treatment of sustainability-related assets and liabilities, aligning with international practices. The initiative seeks to enhance transparency and comparability in the financial statements of financial institutions and other entities authorized by the Central Bank. The draft proposes changes to Resolution BCB No. 2/2020 to mandate the inclusion of sustainability assets and liabilities in balance sheets, addressing the current regulatory gap.
The proposal is based on OCPC 10 — which covers carbon credits, emission allowances, and CBIOs — and sets out classification and measurement rules tied to each institution’s business model. Suggestions may be submitted until May 31 via the Central Bank’s website or by email to denor@bcb.gov.br. All contributions will be made publicly available.
share
