ACCOUNTING AND SOCIAL AND ENVIRONMENTAL CONSEQUENCES OF THE BRAZILIAN CARBON CREDITS

Abstract

The evolution of the discussions on the global warming and the need of reduction of greenhouse- effect gases established by the Kyoto Protocol, as well as the search for new business opportunities, force many companies to make adjustments in its operational areas, in order to make them more efficient and to improve the performance of its activities, conciliating economic and social-environmental aspects. Accordingly, with the Brazil's opportunity to act, in an outstanding manner, in the carbon credit market created by projects of Clean Development Mechanisms (CDM), this articles pursuits to diagnose the profile of these types of projects in relation to the nature of the projected investments the characteristics of the expected benefits and to identify its possible business and social and environmental consequences. The analyzed projects had been approved or were in phase of approval by the Ministry of Science and Technology (MCT) and the sample is composed of a project of each qualified sectorial scope. The methodology used is qualitative-descriptive, by means of documentary research and information analysis, which is available at the MCT's website. The results identify consequences in the permanent assets and in the current assets, impacts in the differed charges and reduction of operational and environmental costs. The projects propose a generation of social, environmental and economic benefits, aiming at the continuity of the business activities and at the interests of stakeholders.