Emissions and Carbon Trading
Since the earliest days of the carbon market, Allen & Overy’s multi-jurisdictional emissions trading practice in Asia, Europe and North America has expanded to meet client demand.
We are at the forefront of advising on, and drafting documentation for, the trading of emissions credits and the development of climate change projects.
We have extensive experience of working with clients in both the public and private sectors on climate change projects, including advising on the European Union Emissions Trading Scheme, the Kyoto Mechanisms (Clean Development Mechanisms, Joint Implementation and International Emissions Trading) and on both the buy and sell side of Emissions Reductions Purchase Agreements and Project Development Agreements.
Though our multi-disciplinary disciplinary team we are able to assist on all aspects of emissions related matters and projects. We have advised extensively on how best to structure carbon-related projects (whether, for instance, in the context of a traditional finance structure or novel carbon funds or bonds) and are able to provide support on the full range of documentation required to being such projects to fruition.
As domestic carbon related regimes continue to evolve, such as the UK's Energy Efficiency Carbon Reduction Commitment, our global and local expertise ensures you are receiving the very best advice and support the market has to offer. We are also at the forefront of assisting clients on the potential impacts of mandatory greenhouse gas emissions reporting in their annual reports.
News & insights
Publications: 20 MAY 2020
The Covid-19 coronavirus crisis has brought into sharp focus the immediate economic priorities for governments and businesses. Where does this leave the environmental, social and governance (ESG)…Read more
Publications: 18 MARCH 2020
On 4 March 2020, the European Commission (the Commission) published a draft EU climate law, along with inception impact assessments for an EU carbon border adjustment mechanism and revisions to the…Read more
Publications: 18 MARCH 2020
The Covid-19 coronavirus has had a significant impact on businesses across all sectors and we have received various requests for urgent advice from a Luxembourg perspective. We have decided to share a…Read more
Publications: 29 OCTOBER 2019
Partner Matthew Townsend and Senior PSL, Sara Feijao explain how climate change has risen to be a key concern for large listed companies and the reporting regime with which companies need to comply in…Read more
Allen & Overy LLP has been making good use of its global capabilities, advising Total and 25 other clients in relation to various member states’ adherence to the European Commission’s carbon allowances.
Legal 500 UK 2015 (Environment)
Our Global Climate Change practice
We have extensive, cutting-edge experience of working with clients in both the public and private sectors on climate change projects and have the depth of resources through our international network of lawyers to help our clients achieve their commercial aims in this fast-developing market.