Carbon Trading

The decarbonization goals set by the Carbon Neutral Roadmap 2050 and the National Energy and Climate Plan 2021-2030 entail a very considerable use of financial and tax instruments by the public decision-maker in order to reduce Greenhouse Gas (GHG) emissions.

The instruments available to economic operators will take various forms and models, from voluntary carbon markets to real Carbon taxes, in the latter case we anticipate prevalent sectoral taxation, especially in terms of contributions and fees.

Additionally, given the likely increase in the Carbon unit’s market price, we also foresee the need for recurrent advice services to clients who begin their phasing out towards carbon neutrality, particularly through a sectorial analysis of the various financial and tax benefits or incentives available.


  • Assessment of taxes linked to decarbonization goals, including their legal and constitutional compliance
  • Assessment and identification of financial and tax incentives linked to decarbonization targets
  • Advice to public and private entities in connection with the design and implementation of voluntary carbon markets
  • Advice to undertakings on the management of emission allowances and on allowance auctions
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