COP30 Study Urges Climate Resilience Rules for Brazil’s Concessions

Overview

• MoveInfra, Marsh McLennan and Oliver Wyman released a report in Belém stating Brazil’s logistics network is unprepared for ever more frequent extreme weather.
• The study calls for mandatory climate‑vulnerability mapping before feasibility studies and concession auctions, with clear allocation of risks in contract matrices.
• It proposes catastrophe bonds and insurance with Build Back Better coverage to fund rapid, higher‑standard reconstruction, noting Brazil’s current insurance capacity is limited and costly.
• Transport Minister Renan Filho said new federal concessions already include mechanisms for more resilient works and dedicate a share of tariffs to technological and environmental upgrades, with BNDES seen as a key financier.
• The report urges updates to existing long‑term contracts and standardized governance for adaptation, citing Porto Alegre’s 2024 floods and the Nov. 7 Rio Bonito do Iguaçu event as evidence that ad‑hoc fixes leave fiscal and operational gaps.