International carbon markets can play a key role in reducing global GHG emissions cost-effectively.

The number of emissions trading systems around the world is increasing. Mechanisms under the Paris Agreement will assist countries and regions linking emissions trading systems and outcomes over time.

We have been at the forefront of the development and implementation of carbon markets for more than 20 years. Our global climate change and sustainability practice has extensive experience advising clients across all key environmental and carbon markets, including the European emissions trading system, previous markets under the Kyoto Protocol and emerging ones under the Paris Agreement, and the various voluntary schemes in existence.

We are considered preeminent advisors to project developers, landholders, service providers, government and other stakeholders participating in voluntary and compliance carbon markets and we continue to work at the forefront of carbon trading activity.

"Norton Rose (Fulbright) is a long-established climate change firm handling a variety of transactions in the voluntary carbon and renewables markets, as well as regulatory advice." - Chambers Global: Global-Wide Climate Change, 2025