RIO DE JANEIRO – BVRio has been awarded the best economic initiative in the world, by Katerva, a British NGO promoting sustainability. The award is in its third year and gets nominations through a “Spotter Network” of scientists, business leaders, media personalities, government and civil society. Katerva’s advisors and a research team narrow the field to approximately ten nominees in each category. BVRio was the sole Brazilian nominee this year.

A panel of industry and financial leaders, specialists and academics has chosen the winners of each category. Categories include Energy, Human Development and Transport. Those category winners are then scrutinized to reach the initiative considered the best idea of the planet. The Katerva Award Winner will be announced in April. 

All finalists of all categories can be voted by the public between 07 and 28 of March at Katerva’s website ( for the Katerva People Awards, choosing the innovative project that has most to offer to the world in terms of sustainability. 
“Katerva is not just interested in 'good' ideas; the ideas we are after will create big changes in how we live on this planet,” says Katerva's founder, innovation expert Terry Waghorn. Katerva has objective criteria for the process, such as validity, originality, impact and scalability.

Reuters has compared the Katerva Award to the Nobel of sustainability and among the experts judging the competing nominees were the former Prime Minister of Ireland, Mary Robinson; Yuan Tseh Lee, President of the International Council for Science; Fatih Birol, Chief-Economist at the International Energy Agency and Bruno Berthon, Global Managing Director of Accenture Strategy & Sustainability. 

To the Executive-President of BVRio, Pedro Moura Costa, “even more important than the international visibility given by the award, is the recognition from some of the greatest world experts that market mechanisms have an important role in the transition to a green economy, in which it will be possible to combine more production with more conservation”. 

About BVRio 
BVRio is an environmental assets Stock Exchange created to promote market mechanisms to foster compliance to environmental legislation. Its first online plaftorm negotiates Environmental Reserve Quotas for forest compensation (CRAs). The electronic plaftform BVTrade also negotiates Reserve Logistics Credits for packaging and is getting ready to launch Reverse Logistics Credits for tyres.  

More information:  

Media and press inquiries: 
Maria Benevides – Quartz Communications
+ (61) 3536 9475
+ (61) 8188 2973

Click here to read this press release in Portuguese.


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