CMN postpones until 2027 the requirements related to Prodes for granting rural credit.

The National Monetary Council – CMN – approved, in an extraordinary meeting this Tuesday (12), adjustments to the environmental rules applicable to the granting of rural credit with controlled and directed resources, with the objective of calibrating the application of the norm and expanding the predictability in its implementation, especially regarding the verification of illegal suppression of native vegetation on rural properties. The changes introduced in Section 9 of Chapter 2 of the Rural Credit Manual (MCR), which deals with Social, Environmental and Climatic Impediments, are as follows: I – adjustments to the deadlines for applying the norm according to the size of the rural properties, considering the different conditions of operational adequacy. New dates have been established for financial institutions to verify the occurrence of native vegetation suppression on rural properties after July 31, 2019, by consulting the list provided by the Ministry of Environment and Climate Change (MMA), based on data from the Amazon Legal Deforestation Monitoring Project by Satellite (Prodes) of the National Institute for Space Research (INPE), starting from: a) January 4, 2027, for properties with an area greater than 15 fiscal modules; b) July 1, 2027, for properties with an area greater than 4 and up to 15 fiscal modules; and c) January 3, 2028, for properties with up to 4 fiscal modules. II – Definition of a specific deadline for properties of collective use belonging to agrarian reform settlements and to traditional peoples and communities. In these cases, when the Rural Environmental Registry (CAR) corresponds to the collective perimeter, the deadline of 3/1/2028 applies, due to the particularities of territorial organization and collective management of these groups; III – inclusion of new documents to prove environmental regularity, admitting an act equivalent to the Authorization for Suppression of Native Vegetation – ASV and the Environmental Commitment Agreement signed with the competent state environmental agency, for the purpose of regularizing properties with suppression of native vegetation that occurred after July 31, 2019. Considering the context of the implementation of the rural credit policy and the need to harmonize regulatory parameters applicable to the sector, the CMN, within the scope of its continuous process of improving the rules applicable to the environmental conditions of rural credit, promotes the adjustments now approved focusing on the operational adequacy of the rules and their gradual and predictable application. The measures aim to ensure the granting of rural credit, especially for those rural producers who comply with the control mechanisms provided for in environmental legislation, allowing them, in addition to the deadlines for compliance, the possibility of submitting other documents that prove their environmental regularity. Although initially published in December 2024 and the effective implementation of the rules began in April 2026, the extension of the deadline as proposed in this vote is associated not only with the need for preparation by rural producers, but also with the improvement of the operational procedures of the various entities involved in the process of environmental regularization of rural property. In this case, rural producers whose credit proposals were rejected because they were on the list made available by the Ministry of the Environment (MMA) during the validity of the rule may resubmit them. 

This text was translated by machine from Brazilian Portuguese.