Order MMA No. 518 creating the Forest + Carbon modality, according with Order No. 288 of 2 July 2020. Country/Territory Brazil Document type Regulation Date 2020 Source FAO, FAOLEX Subject Forestry Keyword Emissions Enforcement/compliance Forest management/forest conservation Afforestation/reforestation Geographical area Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic Entry into force notes This Order enters into force on the day of its publication. Abstract This Order creates the Forest+ Carbon modality, according with Order No. 288 of 2 July 2020. The voluntary market for carbon credits aimed at reducing emissions from deforestation and forest degradation, recognized by CONAREDD+ Resolution No. 03 of 22 July 2020, will not entail any obligation regarding the accounting, adjustment or registration in the national emissions inventory by the Federal Government, thus allowing the voluntary market to establish its own rules and standards, without any responsibility or correlation with the commitments assumed by the Brazilian government. Full text Portuguese Website www.in.gov.br References - Legislation Implements Order MMA No. 288 creating the National Programme for Environmental Services Payment (Floresta+), under the Ministry of the Environment. Legislation | Brazil | 2020 Keyword: Environmental planning, Land-use planning, Authorization/permit, Environmental standards, Protection of habitats, Policy/planning, Standards, Protection of environment, Management/conservation, Legal proceedings/administrative proceedings, Forest fires, Climate change Source: FAO, FAOLEX