Baker & McKenzie's GlobalClimate Change Team was awarded "Top Legal Advisor of CDM/JI Projectsby Number of Deals 2007" at the prestigious New Energy Finance Awardsheld in London last week. The Firm’s Partner Graham Stuart, recentlyappointed Head of the Firm's London Climate Change Practice, acceptedthe award.

Baker & McKenzie is the first firm to receive the award underthis new category since New Energy Finance launched its league tablestwo years ago. New Energy Finance is a specialist provider ofinformation and research to investors in renewable energy, low-carbontechnology and the carbon markets.

Commenting on the award, Head of Baker & McKenzie's GlobalClimate Change Practice, Martijn Wilder, said: "Baker & McKenziewas the first firm to establish a global climate change practice and weare extremely proud of our achievements to date.  This award recognisesour depth of expertise in CDM and JI deals across multiplejurisdictions. Working with our clients we have closed more deals inmore jurisdictions than any other firm." 

"We remain the firm of choice for global investment banks in thecarbon market as we continue to advise market leaders on new and groundbreaking deals. Our team has advised the Asian Development Bank ontheir new carbon funds, the World Bank on its Forest Carbon PartnershipFacility, Credit Suisse on its recent acquisitions from EcoSecuritiesand the European Carbon Fund on its China-based Anshan CDM transaction."

The accolade confirms Baker & McKenzie's position as a marketleader in the area of climate change and clean energy. It followsrecent results published by international legal directory, ChambersGlobal, which ranked the team in the 2008 directory as "Band 1 – GlobalClimate Change Firm" and Partner, Martijn Wilder, ranked "Band 1 –Global Climate Change lawyer." Click to review Global Chambers commentary on Baker & McKenzie's climate change practice.