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Climate change not only affects the natural environment, but also the business environment which has witnessed a significant increase in emissions-related opportunities and risks. Companies doing business in Canada may be subject to an array of federal, provincial and local carbon laws targeting carbon emissions. Domestic carbon markets with international linkages are emerging. Stakeholder demands for carbon disclosure are increasingly common. Carbon emissions compliance and carbon risk management are new imperatives. At the same time, corporate carbon strategies are yielding business opportunities and advantages.
Gowlings’ National Climate Change Group is an interdisciplinary team of legal professionals serving businesses across Canada and internationally. Our group brings expertise in strategically managing the many issues confronting today’s businesses as they negotiate complex domestic and global carbon regulatory regimes, carbon markets and carbon risks. We have an in-depth understanding of carbon-related issues specific to Canada, and those relating to bilateral and multilateral carbon regimes. Combining our knowledge, experience and expertise, we provide clients with high level strategic legal advice that ensures their business objectives are realized.
Gowlings’ climate change team includes some of Canada’s leading professionals in energy, infrastructure, technology, and corporate finance law, as well as Gowlings’ internationally recognized environmental counsel.
Gowlings’ National Climate Change Group provides clients with a complete range of legal services, including:
- regulatory compliance
- project carbon finance
- carbon instruments and securities trading
- cleantech finance, approvals and licencing
- regulatory and voluntary corporate carbon disclosure,
- stakeholder communications
- climate change litigation
- government relations
The following are examples of climate change-related work Gowlings has undertaken on behalf of its clients.
- Counsel to a Canadian company regarding the securities law implications of certain activities relating to GHG reduction projects.
- Counsel to corporations and industry associations regarding regulatory proposals for mandatory GHG reductions and compliance-based Canadian carbon markets.
- Counsel to a Canadian member of a consortium providing services as a carbon manager to a multilateral European financial institution investing in GHG reduction projects in Eastern Europe.
- Counsel to a Canadian exploration company in response to a claim for climate change damages arising from a well blow-out in a third world country.
- Counsel to financial institutions in the placement of construction and term loan facilities for two major wind farm projects in the Gaspé region of Québec for a combined 209.5 megawatt nameplate capacity.
- Counsel to a U.S. multinational energy company in relation to the transfer of a CDM project located in Central America.
When the very sustainability of business is at issue, Gowlings is the Canadian legal services provider of choice. The challenges of climate change demand The Power of Original Thought. For further information, please contact:
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