On 2 August 2024, Bill No. 2308/2023, which establishes the legal framework for low-carbon hydrogen in Brazil, was approved with a partial veto. Numbered as Law 14948/2024, it has created the National Low-Carbon Hydrogen Policy, which will form part of the country’s National Energy Policy. The Law has also established the competence of the National Agency for Oil, Natural Gas and Biofuels to authorize, regulate and inspect activities in the low-carbon hydrogen value chain, and has created the Brazilian Hydrogen Certification System and the Special Incentive Regime for Low-Carbon Hydrogen Production, a tax regime designed to foster technological and industrial development, competitiveness and added value in national production chains.

We invite you to join us as members of our Latin American Dispute Resolution practice take a closer look at the new political scenarios unfolding in several countries, and at the future of investment disputes in the region. Our team will share insights on the possibility of corporate restructuring under existing legislation, and strategies for litigation preparation to help your organization be ready for the times ahead.

With global acknowledgement of the spiraling negative impact of carbon emissions on the planet, many countries are swiftly launching efficient, low-cost hydrogen-based solutions for the future mobility industry and have agreed to accelerate zero-emission vehicles at the recent COP26 conference. The goal is to have climate-friendly techniques on road vehicles, synthetic fuels and, for the aviation and maritime sectors, developing a hydrogen transport and distribution infrastructure, as well as expanding the network of hydrogen refueling stations.

On 1 June 2021, the President sanctioned Complementary Law 182/2021 (“Legal Framework for Startups”). The main goal of the new law is to promote and encourage innovative entrepreneurship in the country, focusing on the growth of startups as a path to economic, social, and environmental development; and the modernization of the Brazilian business environment.

On 1 April 2021, Law nº 14,133/2021 or the New Public Procurement General Law (“New Public Procurement Law”) was published, substituting Law nº 8,666/1993. The Brazilian president, however, has vetoed 26 items of the bill approved by the National Congress.

In brief On 16 March 2021, the House of Representatives rejected the amendments proposed by the Senate and approved Bill of Law No. 4,476/2020 (updated number of Bill of Law No. 6,407/2013) as per the text approved by the House on 1 September 2020 (“New Gas Law”). The New Gas…

The Latin America energy, mining and infrastructure industry is transitioning to a New Normal. The evolving market conditions drive the need for new regulations and business strategies to be addressed by governments and multinational and local companies in the sector. We invite you to listen to our Latin America Energy,…