Decree 9308: RenovaBio sets forth certain mechanisms, which include: (i) targets for the reduction of greenhouse gas emissions in the fuel mix, (ii) Decarbonisation Credits, (iii) Biofuel Certification, (iv) mandatory addition of biofuels to fossil fuels, (v) incentives on tax, finances and credits, and (vi) actions under the Paris Agreement.
Established through DECRETO Nº 9.308 and LEI Nº 13.576