Brazil’s Ministry of Science, Technology and Innovation (MCTI) and CDP have signed a Technical Cooperation Agreement, which aims to improve data sharing and climate transparency in the country.
Expanding on the 2021 partnership between the two bodies, the agreement will see environmental data from CDP’s disclosure database integrated into the Ministry’s monitoring platforms
The agreement also establishes a framework for knowledge exchange, joint studies and coordinated efforts on climate disclosures. In addition, MCTI has promoted the CDP disclosure platform as an option for companies in Brazil.
“By aligning government platforms with corporate environmental disclosures, we can create the complete picture that has too often been missing - one that supports a whole of economy approach to growth and prosperity," CDP CEO Sherry Madera said.
She added: "This is more than data sharing; it is about building the transparency infrastructure that enables real Earth-positive action. When governments and businesses move beyond working in silos, that is when breakthroughs happen.”
Márcio Rojas, general coordinator for climate science at MCTI, commented:"We believe that the joint work between MCTI and CDP will contribute significantly to improving the quality of corporate reporting and to increasing business engagement in this agenda."
Last year, Brazil’s regulator - the Comissão de Valores Mobiliários (CVM) – agreed a partnership with CDP. ISSB-aligned climate information disclosed through the CDP platform is automatically recognised by the CVM as meeting the country’s regulatory requirements.