Overview
- The Senate approved the bill on October 30, 2026 by 60 votes to 2, sending the measure toward implementation by executive agencies and later review in the lower house where required.
- The law legally defines a carbon credit as an intangible patrimonial asset and creates the Registro Nacional de Reducción de Emisiones (ReNaRe) as a public digital registry for projects and certificates.
- Registered projects receive 30 years of national tax stability, a measure meant to attract investment in reforestation, native-forest conservation, clean energy and carbon removal efforts.
- Commercial rules let credits move freely in national and international markets but require authorization when a credit will be used to meet another country’s climate targets or certain international mechanisms to prevent double counting.
- The regime allows credits to back or be part of financial instruments under Comisión Nacional de Valores (CNV) oversight and aims to boost regional income streams for farmers and provinces, though real gains will depend on how verification, registry rules and federal coordination are implemented.