DLA Piper advises Rabo Carbon Bank on sale of voluntary carbon credits to Vattenfall, Greenchoice, Interfood Group, Hoogwegt Group and Interpolis
DLA Piper has advised Rabo Carbon Bank who made its first sale of voluntary carbon credits to Vattenfall, Greenchoice, Interfood Group, Hoogwegt Group and Interpolis. These voluntary carbon credits will be generated through regenerative farming practices deployed by 15 Dutch and American farmers. The aim of the project is to generate a yearly reduction of 10.000 tons CO₂ for the next three years. The long-term ambition of Rabo Carbon Bank is to generate 1 gigaton (1000 billion kilo) CO₂-reduction by 2030.
Our team, led by Khaled Dadi and Lex Oosterling, together with Andreas Gunst, Steven Gray, Paul Hopman, Arjen de Snoo, Martijn Boeve, Floris de Wit and Rens van Blaricum advised the Rabo Carbon team on all the contractual work and regulatory aspects of this international project.
Full details about the deal can be found in the Dutch Financial Times. Click here to read more