A Decade of Innovation

2022 was a special year for BVRio as we celebrated reaching the end of our first 10 years of operation. We looked back at the decade of success that we had, and at the difference we made within the areas where we work, and we celebrated the continued work that we do with the help of our many partners.

Founded in December 2011, BVRio (Bolsa Verde do Rio de Janeiro ‘Environmental Exchange of Rio de Janeiro’) was created with the objective of developing market mechanisms to facilitate compliance with Brazilian environmental laws. BVRio is a non-profit organisation working at the intersection of economic, environmental and social sustainability, developing market mechanisms, economic tools, and supporting the creation and implementation of environmental initiatives and markets in different countries and regions worldwide.

In our first decade BVRio’s operations expanded out of Brazil to a staff of over 30 professionals and associates working in six different countries around the world.

Founders Mauricio and Pedro Moura Costa reflected on what was achieved;

“We are excited with our achievements to date, and how relevant they are for the environmental agenda and priorities at the moment and for the next 10 years. Compliance with land-use legislation is a priority worldwide. BVRio’s work with the Brazilian Forest Code, as well as with the implementation of timber extraction laws worldwide, have provided tools to assist with the enforcement of laws worldwide.”

Mauricio Moura Costa, Director of BVRio.

“Circular economy rose to the top of the agenda as well, and BVRio’s inroads into this space, through the Circular Action Hub and the Circular Credits Mechanism, created the foundations for us to continue to expand our impact for the years to come.”



Pedro Moura Costa, Director of BVRio UK.

Timelines of our activities

Our Success

Sustainable land use, agriculture, and forests

Waste management and the circular economy

Supporting forest artisans

Anniversary Publications