FGV contributes to Finance Ministry consultation on hydrogen legal framework
FGV Rio de Janeiro Law School’s NEATE offers suggestions on traceability tools, international certification and mandatory investments in research, development and innovation.
The Center for Advanced Energy Transition Studies (NEATE) at Fundação Getulio Vargas’ Rio de Janeiro Law School recently took part in a consultation held by the Finance Ministry on the Special Incentive Regime for Low-Carbon Hydrogen Production (REHIDRO) and the Low-Carbon Hydrogen Development Program (PHBC), both established within the scope of the Low-Carbon Hydrogen Legal Framework (governed by Law 14,948 of 2024).
The topics discussed included the criteria for qualifying and co-qualifying organizations, addressing the technical, economic and environmental requirements needed to ensure the viability of projects and alignment with sustainability goals. NEATE also presented suggestions related to the use of traceability tools, international certification, mandatory investments in research, development and innovation, and strategies for the progressive development of the domestic production chain.
The discussions also encompassed tax aspects linked to REHIDRO and PHBC, such as regulatory harmonization, legal stability in the granting of tax credits and the integration of tax policies with environmental goals. Proposals to guarantee compliance with the obligations assumed by program participants were also analyzed, including audit mechanisms, the application of penalties and the requirements for guarantees linked to the implementation of projects.
According to Professor Isabel Veloso, who is leading NEATE’s research into low-carbon hydrogen, “NEATE’s participation in the consultation held by the Finance Ministry reflects our efforts to contribute to the improvement of public policies related to the energy transition in Brazil. Our center presented proposals that seek to enable the implementation of the mechanisms provided for in the Low-Carbon Hydrogen Legal Framework, fostering technical and collaborative dialogue between academia, government and the private sector.”
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