Baker McKenzie's Sydney based, head of global environmental markets and climate change practice, Martijn Wilder AM, was recently announced overall winner for the Financial Times (FT) Asia-Pacific Innovative Lawyers Awards 2018 in an awards ceremony in Hong Kong.
Baker McKenzie's Australian national managing partner, Anthony Foley stated: "In a glittering career with many accolades, this prestigious award recognises Martijn’s pioneering work in new areas of law to tackle the world’s most pressing environmental issues (such as climate change), particularly through the use of innovative financial models. It is a great tribute to Martijn."
In response to receiving this accolade, Martijn stated: "I am very honoured to receive such recognition for the work I do, and am fortunate to be able to combine my legal and economic skills to creatively develop new ideas that can make a fundamental difference to address the great challenge of climate change and ways to conserve our environment for future generations”
Martijn is a strong believer in combining both private and public monies to tackle the world’s problems associated with climate change.
As published by the FT Special Report, Asia-Pacific Innovative Lawyers -
Two decades ago, few considered climate change to be a fertile area of law. Not so Martijn Wilder. Now, as head of Baker McKenzie’s global environmental markets and climate change practice, he has built a legal team that focuses on climate change law, international carbon markets and conservation finance.
Mr Wilder, based in Sydney, has been involved in several environmental firsts. He was a founding board member of the Clean Energy Finance Corporation, an Australian state lender to the renewables sector. He played an instrumental role in its establishment in 2012 and in the fight to protect it under the more sceptical government of Malcolm Turnbull since 2015. The CEFC has invested more than $6bn in clean energy. A keen believer that government needs private capital to help provide services, Mr Wilder was recognised in the 2017 FT Asia-Pacific Innovative Lawyers report for his work on structuring the International Finance Corporation’s $152m forest bond. This was underwritten by BHP Billiton, the mining company, using part of the 1 per cent of pre-tax profits that BHP allocates for social initiatives.
Using his knowledge of the UN’s Redd (Reducing Emissions from Deforestation and Forest Degradation) programme, Mr Wilder is expanding the forest bond concept to companies in other sectors.
To read more about the Awards and access the Special Report, please visit here.