Special customs regime for the Oil & Gas industry in Brazil

The special Brazilian customs regime REPETRO allows companies to import specific equipments to be used in research and exploitation of oil and natural gas fields, with the exemption of federal taxes such as the following: II - Import tax; IPI - Excise tax; PIS - Contribution to the social inclusion program; COFINS - Contribution to …

Climate fund for renewable energy in Brazil

The Climate Fund was created through the Brazilian Law 12.114 of 09/12/2012 and regulated by the Decree 7.343 of 26/10/2010 as an instrumento for the National Policy for Climate Change. The fund is tied to the Ministry of Environment and is meant to garantee resources for projects or studies and financing initiatives that foresees mitigation …

IDB’s clean energy ranking in Latin America and the Caribbean

The Inter American Development Bank (IDB) through its Multilateral Investment Fund (FOMIN), in partnership with Bloomberg New Energy Finance have recently published the executive summary of the Climatescope, the first annual ranking on Clean Energy in Latin America and the Caribbean. The report highlights market data and new opportunities for entrepreneurs and investors on clean …