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Latest presence of ITMO Ltd in the News.

2024


ITMO and its Law Firm, Clifford Chance win Best Environmental Protection Award

(Legal500) — April 25, 2024 — Clifford Chance won Best Law Firm Advisory Team on its Environmental Protection work with ITMO Ltd and the Coalition for Rainforest Nations. This category recognises the best ESG initiative in the UK Legal Market on environmental protection matters. Judges looked for evidence of involvement in the most innovative or complex environmental protection work, and considered work across the whole spectrum of practice areas, including environmental litigation. The initiative/paper “SOVEREIGN REDD+ MECHANISM UNDER ARTICLES 5 AND 6 OF THE PARIS AGREEMENT” aimed to explain, in a simple manner, how Sovereign Carbon Credits from Rainforest countries under Article 5 fit into Article 6 of the Paris Agreement Carbon Market, and how they can be used by the private sector and investors.

2023


Climate Finance: Key to Saving Rainforests and Keeping Temperatures in Check

(Environmental + Energy Leader) — DECEMBER 14, 2023 — Winning climate finance continues to challenge the Global South, nations that want to develop but that contribute minimal CO2. After COP28, some hope emerged. It centers on the green bond, which emerging countries can issue and guarantee a payback to investors through carbon credit sales. I spoke to two investment bankers who have come out of retirement to ensure that the developing world gets the money it needs to keep its rainforests standing and create 21st-century jobs. The alternative is giving farmers, miners, palm oil companies, and lumberers more access to those lands, allowing them to cut down the trees that absorb carbon dioxide.

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