Watson Farley & Williams ("WFW") has been retained by the Polish Ministry of Environment to provide advice in relation to the interpretation of certain contractual aspects of its AAU (Assigned Amount Unit) sale agreements with various other European countries.

The agreements were signed by Poland with the European Bank for Reconstruction and Development (EBRD), which was acting on behalf of the European countries in question. They will enable the Polish Government to foster projects to reduce CO2 emissions and develop green technologies.

The WFW Italy team was led by Partner and Head of Italy Eugenio Tranchino, assisted by Counsel Luca Sfrecola and Associate Cristina Betti. The team worked closely with Partner Krzysztof Cichocki and Associate Anna Tujakowska from Soltysinski Kawecki & Szlezak, a leading law firm in Poland.