Brazil — Historical Events Description

Brazil flag
Brazil
Event
National Climate Fund Created (Law No. 12,114)
Category
Scientific
Date
2009-12-09
Country
Brazil
Description

This law created the National Fund on Climate Change. The law set a federal funding tool to support actions related to climate policy. It also amended parts of an earlier energy-related law, as stated in the act’s summary. The fund became a key instrument for financing climate-related initiatives.