Use of cookies by
Norton Rose Fulbright
We use cookies to deliver our online services. Details and instructions on how to disable those cookies are set out at By continuing to use this website you agree to our use of our cookies unless you have disabled them.

Sustainability and climate change


Meet the team

Ranked Band 1 Climate Change, Chambers Global 2016

"Mature footprint on international renewables work - the practice does top work." Chambers Global 2016

‘A leading practice in the global climate change arena with a strong standing in markets in the Americas, Europe, Asia and key African jurisdictions. Adept at handling matters related to carbon trading and emissions reduction as well as the structuring and financing of renewable energy projects, including wind, solar and hydroelectric power.’ Chambers Global 2016

Climate, resource scarcity and sustainability drivers confront our clients with both major opportunities and business risk in the short, medium and long term. Whether these relate to emissions regulation, clean energy, climate finance, sustainable finance or resource scarcity the talents of our partners from a wide variety of jurisdictions and disciplines are brought together in this practice to provide global, holistic transactional based business advice.

We support our clients by providing solid advice on the choices and decisions necessary for responding to a risk, opportunity or both.

Our dedicated sustainability and climate change team is at the forefront of regulatory and market developments, working closely with governmental bodies, financial institutions and corporates across Australia and throughout the world. We bring a global perspective to the international patchwork of policy and regulation that is emerging and can provide integrated advice throughout Europe, the US, Canada, Latin America, Asia, Australia, Africa and the Middle East. 

Our areas of work include:

  1. Emissions market transactions including secondary markets and structured portfolio projects
  2. Voluntary, forests and land-use projects, social impact lending and sustainability projects
  3. Energy efficiency, clean technology including carbon capture and storage (CCS)
  4. Clean energy – biomass, hydro, nuclear, solar and wind
  5. Climate and sustainable financing products and markets
  6. Strategic climate and sustainability risk advice in the context of fiduciary duties and reporting
  7. Equator principles, transparency, indigenous rights and systemic risks
  8. Technical, regulatory policy and market design advice
  9. Sustainable funds, ethical asset management, capital markets and corporate investments

There has been ongoing instability for climate change policy and legislative settings in Australia for many years. In July 2014, the Australian Coalition Government replaced the Carbon Pricing Mechanism (CPM) with its Direct Action Plan. The Direct Action Plan and its two components – the Emissions Reduction Fund and the Safeguard Mechanism have been implemented through amendments to the Carbon Farming initiative (CFI) legislation and the National Greenhouse and Energy Reporting (NGERS) legislation respectively.

Norton Rose Fulbright has been heavily involved in the development of the Direct Action Plan and continues to advise business and industry on the implications and opportunities of the changing regulatory environment.  We are the leading legal advisor to project proponents participating in the Emissions Reduction Fund.

Climate change issues remain at the forefront of worldwide interest as policy responses, legal frameworks and carbon markets continue to develop. We pride ourselves on closely following these developments so that we understand their impact on different sectors, such as energy, transport, mining, agribusiness and finance and can ensure our clients are properly armed with the advice needed to position their business for the forthcoming low carbon economy.

CFI Legal and Contracts Guide

Download our CFI Legal and Contracts Guide here. Word document available here.