The Securities and Exchange Commission of Brazil (CVM) has concluded Initiative 13, which delivers a study for normative adaptation based on the Brazilian Sustainable Taxonomy, as scheduled in its 2025 Regulatory Agenda.
Normative Adaptation Study Completed
Initiative 13 focuses on an official study to support regulatory updates aligned with the Brazilian Sustainable Taxonomy (Taxonomia Sustentável Brasileira). The initiative was planned as part of the regulatory framework for 2025.
The completion of Initiative 13 has been published within the official monitoring framework for the 2025-2026 Sustainable Finance Action Plan (PAFS).



