Dr. Ruth Dagan Appointed Co-Chair of the IETA Legal Working Group
24 November 2025
November 2025
Dr. Ruth Dagan is a partner and Head of the Environment & Climate Change practice at Herzog and serves as Co-Chair of the IETA Legal Working Group. She advises corporations, investors, and financial institutions on carbon credit transactions, climate regulation, and voluntary carbon market legal frameworks across multiple jurisdictions.
IETA is the leading global organization representing businesses committed to smart, well-designed and effective carbon markets, to help achieve the goals of the Paris Agreement and reach net-zero emissions by 2050. Members if IETA include leading international companies from across the carbon trading cycle.
Dr. Dagan brings to the role over two decades of experience in international climate and environmental law
With deep expertise in carbon markets, climate finance, and regulatory frameworks. She has also served for the past 3 years as an advisor to the UNFCCC Legal Affairs Division, where she contributed to the development of the Article 6 rules and procedures.
Herzog’s Environment and Climate Change practice is recognized for its innovative and in-depth policy and legal work in carbon markets
Our team advises international clients on the development and implementation of compliance and voluntary carbon strategies, finance of offtake agreements, and novel carbon methodologies across sectors. The practice is recognized as a top-tier firm by the Chambers Global Guide.
Dr. Dagan will serve as co-chair of the IETA Legal Working Group alongside Lisa (Elisabeth) DeMarco, Senior Partner & CEO of Resilient LLP, one of the world’s leading climate-change lawyers.
We congratulate Dr. Dagan on her appointment and thank Lisa for her continued leadership, as the Working Group advances the legal foundations of global carbon markets and supports the development of market-based climate solutions.
We are proud of Dr. Dagan and remain committed to strengthening the firm’s global leadership within the climate change and carbon markets ecosystem.
The IETA Legal Working Group is one of the leading international forums dedicated to addressing legal and regulatory issues shaping global carbon markets. Operating under IETA, the Working Group brings together lawyers, policymakers, market participants, financial institutions, project developers, carbon standards organizations and multinational corporations from across the carbon market ecosystem.
The Working Group serves as a platform for analyzing emerging legal questions and developing practical solutions that support the growth of high-integrity carbon markets. Its activities span both compliance and voluntary carbon markets and cover topics such as the legal nature of carbon credits, ownership rights, registry systems, contractual frameworks, insurance products, climate litigation, and market governance.
In recent years, the Legal Working Group has played an active role in discussions surrounding the implementation of Article 6 of the Paris Agreement, including authorization frameworks, corresponding adjustments, registry design and the development of template Letters of Authorization (LOAs). The group also tracks regulatory developments across major jurisdictions and facilitates dialogue between private-sector market participants and international institutions. Through regular meetings, expert presentations, policy discussions and legal analysis, the Working Group contributes to strengthening the legal foundations necessary for transparent, efficient and trusted global carbon markets.
Dr. Ruth Dagan’s Carbon Market Expertise
Dr. Ruth Dagan is internationally recognized as one of the leading legal experts in climate change law, carbon markets and climate finance. For more than twenty years, she has advised multinational corporations, financial institutions, investors, project developers and climate-tech companies on the legal and regulatory dimensions of carbon market participation and climate-related transactions.
Her practice spans both compliance and voluntary carbon markets and covers the full lifecycle of carbon assets, including project development, methodology design, registry participation, carbon credit issuance, commercialization, offtake agreements, investment structures and cross-border carbon transactions. She regularly advises on Article 6 cooperative approaches, CORSIA, voluntary carbon market standards and emerging carbon pricing mechanisms.
Dr. Dagan recently completed a three-year appointment as legal advisor to the UNFCCC Secretariat’s Legal Affairs Division, where she participated in the drafting and negotiation of the rules and procedures governing Articles 6.2 and 6.4 of the Paris Agreement. She also serves on international expert forums, including Verra’s VCS Program Expert Advisory Group and the Climate Action Data Trust User Forum. Her work has involved carbon market and climate regulatory matters across Europe, North America, Africa, the Middle East and Asia, reflecting the increasingly global nature of carbon market transactions and climate-related regulation.
For more information about Herzog’s Environment & Climate Change Practice >> click here
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