Baker & McKenzie Dominates Environmental Finance and Carbon Finance Market Survey for the Third Year Running

Sydney, Australia, 14 December 2009 – Baker & McKenzie's Global Environmental Markets team has dominated the "Best Law Firm" awards in the Environmental Finance and Carbon Finance 10th Annual Market Survey. The Survey is closely watched by leading participants of the carbon, emissions, weather risk management and renewable energy certificate markets and appears in the December/January issue of both publications.

The team received the "Best Law Firm" awards for EU Emissions Trading Scheme; Kyoto Project Credits (CDM & JI); North American Mandatory Markets and Australasian Markets.  The Firm was named runner-up for "Best Law Firm: Renewables Finance, Europe".
 
More than 1,500 votes were received in the market survey from readers of the two publications and those active in environmental trading. Voters were asked to vote on the basis of efficiency and speed of transaction; reliability; innovation; and on the quality of information and service provided and influence on the market, not just the volume of transactions handled.

“We thank our clients for their ongoing support and Environmental Finance and Carbon Finance for the recognition,” said Martijn Wilder, Partner and Head of Baker & McKenzie's Global Environmental Markets practice. “The receipt of these awards is again recognition by participants in the carbon markets that our global team of climate change and environmental law experts are playing a lead role in the establishment of the carbon markets and the development of climate law and policy. As these markets become more substantial and sophisticated, we continue to bring our distinct capabilities in this area of law to assist our clients’ needs in this growing market.”

For the previous four years of Environmental Finance’s market survey, Baker & McKenzie has received a number of "Best Law Firm" recognitions, including for EU Emissions Trading and Kyoto Project Credits.