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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 & insights

New sustainable corporate governance requirements on the horizon

Publications: 28 OCTOBER 2020

New sustainable corporate governance requirements on the horizon

Mandatory supply chain due diligence, clarification of directors’ duties and changes to directors’ remuneration are being considered by the European Commission.

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The EU Commission’s Hydrogen Strategy: A turning point?

Publications: 09 JULY 2020

The EU Commission’s Hydrogen Strategy: A turning point?

On 8 July 2020, the Commission published its “strategic roadmap” for “building a hydrogen economy for a climate-neutral Europe”. This is one of the key actions of the EU “Green Deal” initially…

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Publications: 18 MARCH 2020

European commission publishes draft climate law: Europe’s “man on the moon” moment?

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…

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Publications: 29 OCTOBER 2019

Climate change reporting: preparing for a zero-carbon future

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…

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Recognition

Our Global Climate Change practice

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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.