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Pedro Moura Costa

Brazilian businessman

Pedro Moura Costa (born 1963, in Brazil) is an entrepreneur involved in environmental finance with a focus on the international efforts for climate change mitigation and greenhouse gas (GHG) emission reductions. Of particular relevance, he was the founder and President of EcoSecurities Group Plc., one of the leading project developers for the international carbon markets, co-founder of "Sustainable Investment Management", a pioneering blended finance firm, and has written widely about the policy and science of climate change mitigation, including contributions to the Intergovernmental Panel on Climate Change (IPCC) reports.2

From Wikipedia’s article on Pedro Moura Costa (this version), CC BY-SA 4.0.

Born 1963.1

Companies

Career

Occupation: businessperson.4

As the concepts created by BVRio required investment to gain scale, In 2017, Pedro and Mauricio Moura Costa created Sustainable Investment Management (SIM), a boutique investment vehicle to manage these different initiatives. The first fund created by SIM is the, a green bond fund to provide financial incentives to soy farmers that commit to zero deforestation in the Brazilian Cerrado. The RCF attracted the interest of corporate, public and financial investors, and received different awards. Other initiatives include SIMFlor, Circular Action Hub, and Kolekt.

From Wikipedia’s article on Pedro Moura Costa (this version), CC BY-SA 4.0.

Personal life

  • CitizenshipBrazil5

Philanthropy

After the sale of EcoSecurities, Pedro devoted his time and networks to promoting environmental solutions on a philanthropic basis.

In 2011, Pedro and his brother Mauricio Moura Costa, an environmental lawyer, founded BVRio Environmental Exchange (Bolsa Verde do Rio de Janeiro), an organisation based in Rio de Janeiro, Brazil, with the mission to develop market mechanisms to facilitate compliance with environmental laws. BVRio was developed in partnership with the Rio de Janeiro State Government, and the Municipality of Rio de Janeiro and its board includes the participation of Funbio (Brazilian Fund for the Biodiversity), FBDS (Brazilian Foundation for Sustainable Development), and CEBDS (the Brazilian chapter of the World Business Council for Sustainable Development).

Through BVRio, Pedro has helped to create markets for different environmental assets including Forest Legal Reserve Credits, Consolidation of Conservation Areas, and Reforestation Credits to support compliance with the new Brazilian Forest Law; a traceable responsible commodities platform to promote the sourcing of legal and/or sustainably produced forest and agricultural products.; and Reverse Logistics Credits to support the implementation of the Brazilian National Solid Waste Legislation; This was the first waste recycling credit scheme worldwide, which led to the creation of over 50 plastic credit schemes worldwide and recognition of this mechanism in the forthcoming UN Global Plastics Treaty. BVRio was also involved in creation of Verra’s Plastic Waste Reduction Standard and.

In recognition for its role in developing innovative mechanisms for environmental objectives, BVRio won the 2013 Katerva Awards and in 2014 BVRio was nominated a "Climate Action Leader" by the R20 Regions of Climate Action.

From Wikipedia’s article on Pedro Moura Costa (this version), CC BY-SA 4.0.

Sources

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