The Center for Sustainability Studies (GVces) of São Paulo School of Business Administration (FGV/EAESP) launches today, in partnership with the Ministry of Finance, three volumes that make up the study Elements for a carbon market in Brazil. The research was conducted in one year and is intended to help the establishment of a monitoring, reporting and verification (MRV) national system to decrease emissions of greenhouse gases (GHG) by companies and industry sectors in the country.Based on the Brazilian reality and four cases of MRV already in execution (Australia, California/USA, Europe and New Zealand), this study examines the requirements to establish a MRV system through the collection and management of detailed information about the emissions at the operational level of companies and organizations, facilitating monitoring by the industry and the issuing agent.The idea was to check which elements were necessary to build a carbon market, if Brazil ever wants to have one someday, explained the coordinator of the study and the environmental policy and economics program of GVces, Guarani Osório, to the newspaper Valor Econômico. In order to set prices and develop an economic tool, we need to build a system that is as accurate as possible, he continued, explaining that each ton of carbon should correspond to one currency value.The research points out that the government needs to coordinate and open to economic sectors covered by (mandatory or not) emission reduction agreements, and the importance of a more in-depth debate on the pricing of carbon in Brazil.Please click here to read the full study titled Elements for a carbon market in Brazil.