Brazil’s National Climate Change Fund to finance biomethane-powered engines

In Brazil, the National Climate Change Fund (FNMC) this year will start financing the acquisition of heavy-duty vehicles powered by biomethane, as well as the replacement of diesel engines with versions compatible with the renewable fuel. The measure is considered a victory by the Brazilian Biogas and Biomethane Association (ABiogás) and seen not only as an instrument to promote biomethane, but as a step forward in the process of decarbonizing transportation and mobility in Brazil. The Climate Fund is an instrument of the National Policy on Climate Change (PNMC) that finances projects and studies to reduce greenhouse gas emissions and adapt to climate change, with applications in several areas, such as urban mobility and energy transition.