A new poll shows the government’s disapproval rating has reached the highest level yet, the market awaits the announcement of the fiscal package, and Senator Barros made changes to the carbon credit bill

BRAZIL POLITICS - Report 13 Nov 2024 by Murillo de Aragão and Cristiano Noronha

Yesterday, CNT/MDA released a government approval rating poll. Disapproval of the government has reached its highest level since Lula began his third term. In May 2023, it was at 35% and has now risen to 46%. Meanwhile, the market awaits the announcement of the fiscal adjustment promised by the government. No date has been set for the announcement. In a report presented yesterday (12), rapporteur Senator Leila Barros (PDT-DF) made changes to the carbon market regulation bill, addressing agricultural sector requests regarding REDD+ "jurisdictional programs," a UN-created carbon credit protocol.

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