Carbon Markets and Carbon Dioxide Removal Credit Offtake Agreement Legal Aspects (On-Demand)

Course Description

This program will provide an overview of the current and future state of carbon credit markets. Topics will include the distinctions between compliance and voluntary markets, the legal nature of carbon credits, verification protocols and their typical operations, contractual aspects of carbon dioxide removal (CDR) credit offtake agreements, and the associated risks and liabilities.

Principles

• Define and Distinguish Carbon Credits, Attributes, Mandates, and Markets
• CDR Credit Offtake Agreement
• Due Diligence
• Regulatory Aspects and Government Enforcement

Syllabus

1. Define and Distinguish Carbon Credits, Attributes, Mandates, and Markets
2. Overview of carbon credits, mandates and voluntary credits:
   • Legal definitions
   • Regulatory frameworks
   • Legal risks and liabilities
3. CDR Credit Offtake Agreement
4. Contractual allocation of environmental attributes between development partners
5. CDR credit offtake agreements:
   • Pricing mechanisms
   • Verification standards
   • Delivery obligations
   • Representations and warranties
   • Covenants
   • Right of first offer
   • Leakages and reversals
6. Due Diligence
7. Regulatory Aspects and Government Enforcement