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Sub practice
Sub practice

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 and insights

Panoramic view of a forest

Publications: 02 June 2022

RED II Draft Delegated Acts - The missing pieces of the EU’s hydrogen puzzle

Next level of discussions regarding clean hydrogen in the EU and how it compares to the emerging regime in the UK.

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People walking in the lobby of a large office building

Publications: 20 January 2022

The European Parliament’s wish list on the Carbon Border Adjustment Mechanism (CBAM)

On 21 December 2021, the European Parliament’s (EP) Committee on the Environment, Public Health and Food Safety (the Committee) published its Draft Report on the proposal for a Regulation of the…

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Six sheets of white folded paper

Publications: 24 December 2021

Counting Carbon: The European Commission’s vision on carbon removals

As 2021 draws to a close, the European Commission (EC) has been busy. On 15 December 2021, it adopted several new documents in relation to environmental protection in the widest sense.

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Climate change mitigation; climate change adaptation; net zero; decarbonisation; COP26; CBD COP15

Blog Post: 26 October 2021

Indonesia introduces carbon tax and cap and trade system

A carbon tax and an emissions reductions framework, including a cap-and-trade system, are part of new efforts to meet Indonesia's Paris commitments in a bill passed by the House of Representatives in…

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Recognition

Our Global Climate Change practice

Image of a shell

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.

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