{"id":7766,"date":"2023-05-04T14:38:12","date_gmt":"2023-05-04T14:38:12","guid":{"rendered":"http:\/\/13.218.190.167\/?p=7766"},"modified":"2026-03-05T22:00:12","modified_gmt":"2026-03-05T22:00:12","slug":"cerrado-programme-1-delivers-its-first-42000-tonnes-of-verified-dcf-soy","status":"publish","type":"post","link":"https:\/\/www.bvrio.org\/pt-br\/cerrado-programme-1-delivers-its-first-42000-tonnes-of-verified-dcf-soy\/","title":{"rendered":"Cerrado Programme 1 delivers its first 42,000 tonnes of verified DCF soy"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The environmental impact of the first year of the <a href=\"https:\/\/sim.finance\/responsible-commodities-facility\/\" target=\"_blank\" rel=\"noopener\">Responsible Commodities Facility<\/a> Cerrado Programme 1 has been calculated, independently verified and published in the first <\/span><a href=\"https:\/\/sim.finance\/wp-content\/uploads\/2023\/05\/RCF-ANNUAL-REPORT-May-2023.pdf\"><span style=\"font-weight: 400;\">Annual Report<\/span><\/a><span style=\"font-weight: 400;\">. The inaugural programme delivered 42,400<\/span> <span style=\"font-weight: 400;\">tonnes of verified deforestation and conversion free soy into the Brazilian supply chain from the 32<\/span> <span style=\"font-weight: 400;\">participating farms. 8,541<\/span> <span style=\"font-weight: 400;\">ha of native vegetation was conserved, 2,145<\/span> <span style=\"font-weight: 400;\">ha in excess of the legal reserve requirement. This sequestered 2.9<\/span> <span style=\"font-weight: 400;\">MtCO2 carbon stocks in native vegetation and 0 tCO2e land use change emissions occurred.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-7767 size-full\" src=\"http:\/\/bvrio.org\/wp-content\/uploads\/2023\/05\/Newsletter-graphics-1200x400-9.png\" alt=\"\" width=\"1200\" height=\"400\" srcset=\"https:\/\/www.bvrio.org\/wp-content\/uploads\/2023\/05\/Newsletter-graphics-1200x400-9.png 1200w, https:\/\/www.bvrio.org\/wp-content\/uploads\/2023\/05\/Newsletter-graphics-1200x400-9-300x100.png 300w, https:\/\/www.bvrio.org\/wp-content\/uploads\/2023\/05\/Newsletter-graphics-1200x400-9-1024x341.png 1024w, https:\/\/www.bvrio.org\/wp-content\/uploads\/2023\/05\/Newsletter-graphics-1200x400-9-768x256.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Landowners committed to forgo their right to legally convert the remaining vegetation in their farms (in excess of legal minimum requirements), and adhere to other social and environmental requirements, as defined in RCF\u2019s Eligibility Criteria, in order to participate in the programme. The 32 farms were then able to benefit from the $11million invested by UK supermarkets Tesco, Sainsbury\u2019s and Waitrose distributed as low interest loans. The initiative is financed through a first of its kind approach: dollar-denominated green bonds (CRAs \u2013 Certificates of Receivables from the Agribusiness) registered in the Vienna Bourse.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the end of the first year of this four-year programme;<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100% of the funds invested were disbursed to eligible farmers selected on multiple criteria, including the farms\u2019 location and deforestation risk, area of excess legal reserve, and credit history.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">No participating farmers deforested or converted natural vegetation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All farmers successfully harvested their soy crop.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Monitoring of environmental obligations and impacts was conducted by the teams at SIM and BVRio, and independently verified by EarthDaily Agro. The RCF Environmental Committee has reviewed the methodologies used for impact quantification and monitoring reports. The committee comprises The Nature Conservancy, Conservation International, WWF Brasil, UN Environment, IPAM, Proforest, and BVRio, which provides the secretariat.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SIM Director, Pedro Moura Costa, commented, \u201cWe are pleased to announce these results.\u00a0 The programme has worked as designed, and the concept has been proven. Now we need to rapidly scale-up to deliver greater environmental protection to the Cerrado, which is under increasing pressure due to additional legislation being placed elsewhere in Brazil. International soy buyers want DCF soy in their supply chains, and this mechanism can deliver that at scale.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Cerrado Programme 1 now rolls forward to its second year, with investors committed to a four year programme.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a class=\"btn btn-primary btn-size-default\" href=\"https:\/\/sim.finance\/wp-content\/uploads\/2023\/05\/RCF-ANNUAL-REPORT-May-2023.pdf\" target=\"_blank\">Download the RCF Annual Report 2022:2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The environmental impact of the first year of the Responsible Commodities Facility Cerrado Programme 1 has been calculated, independently verified and published in the first Annual Report. The inaugural programme delivered 42,400 tonnes of verified deforestation and conversion free soy into the Brazilian supply chain from the 32 participating farms. 8,541 ha of native vegetation [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7769,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[72,220,78],"class_list":["post-7766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-rcf","tag-responsible-soy","tag-soy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cerrado Programme 1 delivers its first 42,000 tonnes of verified DCF soy | BVRIO<\/title>\n<meta name=\"description\" content=\"The environmental impact of the first year of the RCF Cerrado Programme 1 has been calculated, independently verified and published in the 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