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 almost 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.
“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 nature bond
Nature-based global emissions offset futures contracts are a new type of standardized futures contract being offered on the Chicago Mercantile Exchange that can be used by companies to lock in the cost of carbon offset credits that they expect to need to offset future carbon emissions.
Environmental update | August 2021
Here are the key takeaways from the latest comprehensive climate update that the United Nations Intergovernmental Panel on Climate Change—called the IPCC—released in early August. The new report distils 14,000 individual studies and has more than 200 authors.
Energy transition newsletter: Issue 4
Insights from our global team on the frontline of legal innovation and solutions for the energy transition Stay in touch with the latest in the transition by subscribing to our newsletter. Register
EU scales up green subsidies: How to benefit from support for clean investments
On February 6, 2024 the Council of the EU and the European Parliament agreed a provisional version of the Net-Zero Industry Act (NZIA), which is now expected to be formally adopted by the end of April 2024.
Hydrogen and ammonia: 2024 trends, opportunities and risks in light of Japanese regulatory change
Japan is now making a renewed push for the development of its hydrogen/ammonia economy, with the country targeting consumption of 20 million tons per year by 2050. With the goal of hydrogen and ammonia making up 1% of the country’s primary energy mix by 2030, there is now heightened attention on Japanese energy policy and regulatory change with key market-players watching closely for emerging investment opportunities.
Banco Santander, S.A. advised on US$22.3m ECA-backed financing
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 conseille Djermaya Solar sur le premier projet développé par un producteur indépendant d’électricité au Tchad
Norton Rose Fulbright, cabinet d’avocats international, a conseillé la société de projet, Djermaya CDEN Energy S.A.S., détenue par DIPF Africa Limited et la société InfraCo Africa Limited du Private Infrastructure Development Group (PIDG), sur le développement et le financement de la première phase d’un projet solaire d’une capacité totale approximative de 34 MWc à 30 kilomètres au nord de N’Djamena, au Tchad. Ce projet comprend le développement, le financement, la construction, l’exploitation et la maintenance d’une centrale solaire photovoltaïque de 60 MW développée en deux phases, une ligne de transmission et les installations d’interconnexion associées. Il s’agit du premier projet solaire à être conçu, financé, construit et exploité par un producteur d’électricité indépendant au Tchad.
TotalEnergies SE advised on US$750m synthetic LNG infrastructure agreement
Global law firm Norton Rose Fulbright has advised French energy company TotalEnergies SE on a synthetic infrastructure agreement with Global Infrastructure Partners in connection with its 27.5 per cent interest in the Gladstone LNG Project in Queensland for consideration of US$750 million.
Firm 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.
Total advised on acquisition of interest in 640MW offshore wind farm in Taiwan
Global law firm Norton Rose Fulbright has advised Total on its agreement with wpd to acquire 23% interest in Yunlin Holding GmbH, the owner of Yunlin offshore wind farm located off the coast of Taiwan...
Lenders advised on financing of France's largest onshore wind project
Global law firm Norton Rose Fulbright has advised the lenders and hedge banks on the financing of the 122MW Sud Marne wind project on behalf of Hexagon Renewable Energy SA. Hexagon Renewable Energy SA is an independent power producer managed by TTR Energy, a developer, operator and investor in renewable energy for the past 13 years. The Sud Marne project, consisting of 30 4MW and 4.2MW turbines supplied by Vestas, will be the largest onshore wind project in France (122MW).
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