Skip to main content

Environmental Assets and Carbon Markets: Opportunities and Challenges for a Greener and Sustainable Economy in Brazil

  • Living reference work entry
  • First Online:
Climate Action

Definitions

Environmental assets are all types of natural goods (or derived from them) that make up the ecosystems and that can generate direct or indirect economic benefits. Wood, sap, oils, essences, medicinal plants, and water are some of the commonly recognized environmental assets. Nevertheless, the most precise definition of the expression is related to natural resources in the widest possible way and all effects generated from them, including “those which have no economic values, but bring indirect uses benefits, options and bequest benefits or simply existence benefits which cannot be translated into a present day monetary value” (OECD 2005, based on United Nations et al. 2005). For those reasons, environmental assets differ from the definition of natural resources, as they are broader than the latter. Those assets encompass natural, mineral, geological, biodiversity, and all the direct and indirect effects they provide for the community.

Some of the environmental assets to be...

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

References

  • ABS – Australian Bureau of Statistics (2010) Environmental assets, in yearbook Australia, 2009–2010. Retrieved from: https://bit.ly/2USaeYH

  • BPBES – Plataforma Brasileira de Biodiversidade e Serviços Ecossistêmicos (2018) Sumário para tomadores de decisão do relatório de avaliação da Plataforma Brasileira de Biodiversidade e Serviços Ecossistêmicos. Retrieved from: https://bit.ly/2JZQZU9

  • Brasil (2017) Lei n° 13.493, de 17 de outubro de 2017. Retrieved from: https://bit.ly/2UyEFy2. Accessed 11 July 2018

  • CFC – Conselho Federal Contabilidade (2004) ITG 2004 – Interação da Entidade com o meio ambiente. CFC, Brasília. Retrieved from: https://bit.ly/2IOx0sZ. Accessed 11 July 2018

    Google Scholar 

  • Climate Transparency (2018) Brown to green: the G20 transition to a low-carbon economy. Climate transparency, c/o Humboldt-Viadrina Governance Platform, Berlin, Germany

    Google Scholar 

  • CPC – Comitê de Pronunciamentos Contábeis (2009) Pronunciamento Técnico CPC 29. CFC, Brasília. Retrieved from: https://bit.ly/2Prhk0b. Accessed 11 July 2018

    Google Scholar 

  • CVM – Comissão de Valores Mobiliários (2009) CVM comunica seu entendimento sobre créditos de carbono e produtos que deles derivam. Retrieved from: http://bit.ly/2i18xlc. Accessed 11 July 2018

  • Hardin G (1968) The tragedy of the commons. Science 162:1243–1248

    Article  CAS  Google Scholar 

  • IBGE – Instituto Brasileiro de Geografia e Estatística (2012) Censo Demográfico 2010. IBGE, Brasília. Retrieved from: https://bit.ly/2Uz3yJQ. Accessed 11 July 2018

    Google Scholar 

  • IBRACON – Instituto dos Auditores Independentes do Brasil (1996) NPA 11 – Balanço e Ecologia. Ibracon, São Paulo. Retrieved from: https://bit.ly/2LamiQH

    Google Scholar 

  • Karp DS et al (2013) Forest bolsters bird abundance, pest control and coffee yield. Ecol Lett 16(11):1339–1347. https://doi.org/10.1111/ele.12173

    Article  Google Scholar 

  • Klautau de Araújo TL (2014) Environmental law, public policies, and climate change: a social-legal analysis in the Brazilian context. In: Leal Filho W (ed) Handbook of climate change adaptation. Springer, Berlin, pp 973–982. https://doi.org/10.1007/978-3-642-40455-9_115-1. ISBN: 978-3-642-40455-9

    Chapter  Google Scholar 

  • Klautau De Araújo TL (2016) Public policies and education for biodiversity: Brazilian challenges in a new global context. In: Castro P, Azeiteiro UM, Bacelar Nicolau P, Leal Filho W, Azul AM (eds) Biodiversity and education for sustainable development. Springer, Berlin, pp 219–235. https://doi.org/10.1007/978-3-319-32318-3_14

    Chapter  Google Scholar 

  • Klautau de Araújo TL, Soares AMVM, Azeiteiro UM (2019) Environmental assets and carbon markets: could it be Amazônia’s new belle Époque? In: Castro P, Azul A, Leal FW, Azeiteiro U (eds) Climate change-resilient agriculture and agroforestry. Climate Change Management. Springer, Cham. https://doi.org/10.1007/978-3-319-75004-0_28

    Chapter  Google Scholar 

  • MacDonald P (2016) EU carbon price falls below €4. Retrieved from: https://bit.ly/2VZ7hly. Accessed 11 July 2018

  • Morrison K (2007) Next carbon trading phase promises to clean up anomalies. Financial Times, February, 7th, p 38

    Google Scholar 

  • Neto J, Renaux P, Meirelles K (2017) “PIB Verde”: patrimônio ecológico do Brasil será calculado pelo IBGE. IBGE – Agência de Notícias. Retrieved from: https://bit.ly/2GtqdlX. Accessed 11 July 2018

  • OECD – Organisation for Economic Co-operation and Development (2005) Environmental Assets (SEEA). Retrieved from: https://bit.ly/2PriRmX

  • Oliveira J (2017) PIB Verde vira lei e vai medir tamanho do patrimônio ecológico do Brasil. Retrieved from: https://bit.ly/2DqVoO4. Accessed 11 July 2018

  • Paglia E (2017) Observação de aves salva espécies e movimenta bilhões pelo mundo. Retrieved from: https://glo.bo/2eTd3Vd. Accessed 11 July 2018

  • Philips J (2017) Principles of natural capital accounting. Office for National Statistics, London. Retrieved from: https://bit.ly/2ZrOSQn

    Google Scholar 

  • Sandbag (2018) EUA Price. Retrieved from: https://bit.ly/2PqbmfT. Accessed 11 July 2018

  • Seymour F, Busch J (2016) Why forests? Why now? The science, economics, and politics of tropical forests and climate change. CGD, Washington, DC

    Google Scholar 

  • Stephan B, Paterson M (2012) The politics of carbon markets: an introduction. Environ Polit 21(4):545–562. https://doi.org/10.1080/09644016.2012.688353

    Article  Google Scholar 

  • Stiglitz J, Stern N et al (2017) Report of the high-level commission on carbon prices. The World Bank, Washington, DC

    Google Scholar 

  • United Nations (1992) United Nations framework convention on climate change. Retrieved from: https://bit.ly/1oNZ0PZ

  • United Nations (1998) Kyoto protocol to the United Nations framework convention on climate change. Retrieved from: https://bit.ly/2OExQcK

  • United Nations (2015) Paris agreement. Retrieved from: https://bit.ly/2OExQcK

  • United Nations (2018a) System of Environmental-Economic Accounting (SEEA). Retrieved from: https://bit.ly/2UVay9a

  • United Nations (2018b) The system of national accounts (SNA). Retrieved from: https://bit.ly/2TwITXt

  • United Nations et al (2005) Handbook of national accounting: integrated environmental and economic accounting 2003. Studies in methods, Series F, No. 61, Rev. 1, Glossary. United Nations, New York

    Google Scholar 

  • United Nations et al (2014) System of environmental economic accounting 2012 – central framework. United Nations, New York

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Thiago Lima Klautau de Araújo .

Editor information

Editors and Affiliations

Section Editor information

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Klautau de Araújo, T.L. (2019). Environmental Assets and Carbon Markets: Opportunities and Challenges for a Greener and Sustainable Economy in Brazil. In: Leal Filho, W., Azul, A., Brandli, L., Özuyar, P., Wall, T. (eds) Climate Action. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71063-1_35-1

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-71063-1_35-1

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-71063-1

  • Online ISBN: 978-3-319-71063-1

  • eBook Packages: Springer Reference Earth and Environm. ScienceReference Module Physical and Materials ScienceReference Module Earth and Environmental Sciences

Publish with us

Policies and ethics