This report covers the technical assessment of the submission of Brazil, on a voluntary basis, on its proposed forest reference emission level (FREL), in accordance with decision 13/CP.19 and in the context of results-based payments. The FREL proposed by Brazil covers the activity “reducing emissions from deforestation”, which is among the activities included in decision 1/CP.16, paragraph 70. In its submission, Brazil has developed a subnational FREL for the Cerrado biome, with the aim of transitioning to a national FREL and/or forest reference level in the future. The FREL presented in the original submission for the reference period 2000–2010 corresponds to 326,672,509 tonnes of carbon dioxide equivalent per year (t CO2 eq/year). As a result of the facilitative process during the technical assessment, Brazil submitted a modified estimate of the FREL of 335,540,289 t CO2 eq/year. The assessment team notes that the data and information used by Brazil in constructing its FREL are transparent, complete and in overall accordance with the guidelines contained in the annex to decision 12/CP.17. This report contains the assessed FREL and a few areas identified by the assessment team for further technical improvement, according to the scope of the technical assessment in the annex to decision 13/CP.19.