Nature-based solutions can involve programs to restore and protect forests and wetlands, coastal rehabilitation as well as protecting communities and infrastructure from floods, soil erosion and landslides.
Nature-based solutions are a focus of many large, voluntary carbon market initiatives and are also at the heart of mechanisms under the Paris Agreement. For example, reducing emissions from deforestation and forest degradation (REDD+), intends to create a financial value for the carbon stored in forests by offering incentives for developing countries to reduce emissions from deforestation and forest degradation and invest in low-carbon paths to sustainable development.
We have been at the forefront of the development and implementation of carbon markets for almost 20 years. Over the last 10 years, our work on voluntary carbon projects has consistently involved nature-based solutions. We have extensive experience in considering issues such as local law due diligence on project seller’s rights to GHG reductions and the interface with government representatives (such as those responsible for protected areas).
We are active in a range of industry groups such as the International Emissions Trading Association. Members of the team have previously sat as private sector observer to key institutions in the REDD+ sector such as the Forest Carbon Partnership Facility.
“The firm works across a range of clients with carbon projects. They have a range of experience to draw on when providing advice.” Chambers Global 2021: Global-Wide Climate change
“The team is "very involved in the carbon market and is very supportive in this space, providing a lot of experience and contribution.” The source adds: "They are very good on market trends and issues." Chambers Global 2021: Global-Wide Climate change
Forest carbon loans
EU scales up green subsidies: How you can benefit from new support for clean investments
The European Commission (EC) published its “Green Deal Industrial Plan for the Net-Zero Age” (the Plan) on February 1, 2023. The Plan may present new opportunities for companies to benefit from State aid and other financial support.
“The Green Mining Value Chain”
The critical role of mineral production in the achievement of a sustainable energy future cannot be understated.
The Regulatory Energy Transition Accelerator: Enabling collaboration among the world’s energy regulators as they facilitate the move to net-zero
The transition to net-zero involves profound changes to how energy is produced and consumed, and requires the combined effort of many players, including government and policy makers, utilities, energy proponents and consumers.
Firm named Environment and Climate Firm of the Year at Who’s Who Legal Awards
The annual awards recognise the world’s leading law firms and lawyers across 35 practice areas and industries according to Who’s Who Legal’s independent research.
Norton Rose Fulbright represents Banco Santander, S.A. on US$22.3M ECA-backed financing for Eletronuclear’s Angra 1
Norton Rose Fulbright represented Banco Santander, S.A. in the closing of a US$22.3 million ECA-backed loan to Brazilian utility company Eletronuclear.
Norton Rose Fulbright advises the Djermaya Solar project on the first IPP in Chad
Global law firm Norton Rose Fulbright has advised the project company, Djermaya CDEN Energy S.A.S., on the development and financing of phase 1 of a solar project with a total capacity of approximately 34 MWp to be located 30 kilometers north of N’Djamena, Chad. Djermaya CDEN Energy S.A.S. is owned by DIPF Africa Limited and Private Infrastructure Development Group (PIDG) company InfraCo Africa Limited The project consists of the development, financing, construction, operation and maintenance of a 60MW greenfield solar photovoltaic plant developed in two phases, a transmission line and associated interconnection facilities. This is the first solar project to be designed, financed, built and operated by an independent power producer (IPP) in Chad.
Norton Rose Fulbright named MENA Legal Adviser of the Year at IJGlobal Awards 2020
Global law firm Norton Rose Fulbright has advised on 19 “Deals of the Year” across multiple regions, and has been awarded MENA legal adviser of the year at this year’s IJ Global Awards.
Projects, energy and infrastructure teams recognized at IJGlobal Awards
Norton Rose Fulbright received Global Legal Adviser of the Year, Asia Pacific Legal Adviser of the Year and North America Legal Adviser of the Year accolades at the IJGlobal Awards 2019.
Energy Transition Services
We are committed to helping our clients evolve and thrive as the world changes and would be delighted to discuss how we can help you.