Methodology · BMV Global

What backs each UCS unit.

The Unidade de Crédito de Sustentabilidade (UCS) is an environmental asset born of native-vegetation conservation — quantified per hectare, registered as a financial instrument on B3, audited independently and recorded immutably on chain. Each UCS represents 1 tCO₂e of ecosystem services.

BMV GlobalB3 · CPR VerdeBanco Central do BrasilISO 14064TNFDREDD+

The three methodology pillars

PILLAR · 01

Economic

Proceeds from each UCS unit are channelled into ecosystem-service payments for native vegetation conservation.
A portion is invested in rural properties for sustainable agriculture and in producer associations.
UCS can be used as collateral, a store of value, or an instrument to meet ESG and climate commitments — booked as a commodity under IFRS.

PILLAR · 02

Territorial

Units originate from preserved Legal Reserves and Permanent Preservation Areas organised into voluntary conservation nuclei.
Properties must demonstrate no illegal deforestation post-31 Dec 2020.
Active nuclei across Amazonas, Amapá, Mato Grosso, Tocantins, Pará, Rondônia and Rio de Janeiro.

PILLAR · 03

Environmental

27 ecosystem-service indicators quantify each unit (1 UCS ≈ 1 tCO₂e stored).
Additionality from voluntarily conserved areas above the legal minimum delivers greater climate impact.
Anchored to IPCC guidance and ISO 14064 GHG accounting.

UCS lifecycle

From the property to the market.

Every UCS unit traded on GreenBelt is traceable to a producer, an audited area, a CPR Verde number registered on B3 and an on-chain identifier. The five-step pipeline is sequential and non-reversible.

01
Area verification
Technical eligibility analysis on the property — legal status, biome, vegetation cover.
02
CPR Verde issuance
Green Rural Product Certificate registered on B3 under Brazilian Law 13.986/2020 and Decree 10.828/2021.
03
Independent audit
On-site studies and verification by SGS, ERM, TÜV SÜD, DNV or equivalent international auditors.
04
Blockchain registry
Immutable on-chain record on the BMV Digital platform — solves the double-spending problem.
05
Market offering
Listed on GreenBelt and accredited venues. Financial return flows to the producer.

UCS · 1 tCO₂e

Every unit traceable to a place, a producer, an audit.

Regulators & verifiers

Banco Central do Brasil

Recognised the UCS model through the LIFT initiative as strategic innovation.

CVM (Securities Commission)

Authorises financial market infrastructure participants.

B3 (Brazilian Stock Exchange)

Registers the CPR Verde as an exchange-traded financial instrument.

ERM

Issued the Second-Party Opinion validating the methodology.

SGS · DNV · TÜV SÜD

Independent verification and field audits per nucleus.

Aligned with

Green Bond Principles (GBP)Green Loan Principles (GLP)Sustainable Bonds for NatureClimate Bonds Initiative TaxonomyEU Sustainable Finance TaxonomyUN Sustainable Development Goals (SDGs)Anbima ESG Bonds GuideFebraban Sustainable Debt GuideBrazilian Sustainable TaxonomyICROAISO 14064TNFD

Anti double-counting

No unit can be claimed twice.

Measurement, Reporting & Verification (MRV) methodology eliminates overlap risk.
Blockchain registry on the BMV Digital platform provides a public, auditable trail.
Retirement on GreenBelt is one-way and produces a verifiable certificate (id starts with GB-).

Governance

Compliance committee + ethics channel.

Compliance Committee reviews every project entry before listing.
Strict AML / KYC: producers are background-checked for legal encumbrances and environmental infractions.
Independent audit committee oversight via internationally recognised certifiers.
GreenBelt corporate KYB enforces FinCEN CDD, EU 5/6 AMLD and GCC FATF guidance on the buyer side.

In their own words

“A strategic innovation that combines environmental preservation, financial inclusion and the modernisation of the national financial system.”

— Banco Central do Brasil · LIFT recognition

“UCS are commodities which can be acquired and evidenced under IFRS — as a store of value, for asset appreciation, or as instruments for fulfilling environmental, social and climate commitments.”

— BMV Group · SPO 2025

“The integration of decentralised finance with traditional regulation — blockchain liquidity pools, smart contracts, decentralised oracles and multi-layer verification.”

— BMV Global · Methodology brief

Source documents