Clean Development Mechanism (CDM) and Carbon Credits
Clean Development Mechanism (CDM) projects and carbon credit transactions have been calling the attention of the international community not only for growing concerns about global warming, but also for their investment potential. Investment opportunities in that area seem promising as they have exceeded experts’ and investors’ expectations.
Azevedo Sette Advogados has an experienced legal team to assist clients and investors in CDM projects and carbon credit investments.
Our team is prepared to provide full legal assistance in connection with CDM project and carbon credit investments, including:
- draft of Project Design Document to generate carbon credits;
- validation of methodology used in the project;
- project approval before Brazil’s Joint Commission for Global Climate Change (Comissão Interministerial de Mudança Global do Clima);
- project approval before the United Nations CDM Executive Board;
- assistance with Project’s carbon credit review and certification by Designated Operational Entities;
- issuance of carbon credits by United Nations CDM Executive Board;
- legal assistance with letters of intent, memoranda of understanding, purchase and sale agreements, guarantees, etc., related to carbon credit transactions;
- legal assistance related to foreign investment issues and applicable registration before Brazil’s Central Bank;
- tax planning.
Our team is available to give you any further information. Please send us an e-mail to faleconoscoasa@azevedosette.com.br