WRI
A Carbon Price Can Benefit the Poor While ...

Climate discussions like those we’ve just been seeing at the UN summit in Katowice, Poland tend to focus on working together to deliver existing climate commitments and raising ambition—getting countries to reduce more GHG emissions, faster.  But there’s an equally important issue that gets far less attention: ensuring climate action is delivered in a way that doesn’t leave anyone behind, particularly the world’s most vulnerable people.

See Helen Mountford and Molly McGregors’ latest blog post on how carbon pricing can benefit the poor and reduce emissions.

Dr Aisha Al-Sarihi
How can carbon pricing support economic ...

The Arab Gulf States – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE –are highly vulnerable to oil price shocks due to their high economic reliance on oil and gas export revenues. Historically, oil price shocks have been a source of pressure on the Arab Gulf States economies. However, only since mid-2014 have oil prices seemed to pressure on political regimes to consider domestic economic reforms and development of alternative sources of income (i.e. economic diversification).

To avoid long-term negative implications – such as increasing total CO2 emissions and deterioration of air quality associated with increasing downstream petrochemical energy intensive industries, fossil fuel subsidy reforms, enhancing energy efficiency and the use of clean energy technologies are indeed instrumental to tackle such issues. In this article, carbon pricing is proposed as a useful instrument to complement the aforementioned tools.

How can carbon pricing support economic diversification in the Arab Gulf States?
Alexandre Kossoy
Climate change threats global development – ...

To address the global development risks posed by climate change, a major technological shift leading to a substantial reduction in the global greenhouse gas (GHG) emissions will be necessary. In parallel, the substantial global economic and development distortions - that lead to inequality - do not enable the technological and financial transfers needed for a sustainable and equitable global economy. This brings us to a fundamental question:  when climate change only imposes an additional threat of unseen scale, how can we change the economic status-quo?

Climate change threats global development – what's the role of carbon pricing?
Statoil
Carbon pricing leads to emission reductions

Statoil has been operating in a market where an external carbon price has existed since the early 1990s. Due to CO2 tax and other regulatory measures the oil and gas industry in Norway has adopted emission-reduction measures corresponding to more than five million tonnes of CO2 per annum since 1996. Consequently, Norwegian oil and gas production is in the global premier division for low GHG emissions and the average amount emitted per unit produced is about half the world average.

Carbon pricing leads to emission reductions
Dominik Englert
Three reasons why maritime transport must act ...

Several key global players are now calling on the maritime sector to challenge the status quo and limit its climate impact. From our perspective, we see at least three major reasons that can explain why emissions from maritime transport are becoming a global priority.

Three reasons why maritime transport must act on climate change

Carbon Pricing: Tool to combat climate change

Carbon Pricing: Tool to combat climate change

In India, Mahindra & Mahindra became the first Indian company to announce an internal carbon price of USD 10 per ton of carbon emitted. Mahindra & Mahindra Ltd. (Mahindra), a utility vehicle and farm solutions provider, is the flagship company of the Mahindra Group. It has committed to reduce its carbon intensity by 25% until 2019 against base year 2016 and the investments through the carbon pricing mechanism will help it achieve its goal. 

What’s Good for the Climate Can Be Good for Growth Too

What’s Good for the Climate Can Be Good for Growth Too

The OECD report Investing in Climate, Investing in Growth released today shows that there need not be a trade-off: combining climate change and pro-growth measures, and in some countries a judicious recycling of carbon tax revenues, can lead to long-term inclusive growth as part of a “decisive transition” to decarbonisation

Testcase carbon pricing Dutch SME’s leads to insight and action

In recent months, a testcase with carbon pricing has been carried out with three medium sized enterprises (SME’s) from the province of North Brabant, the Netherlands. The participants calculated their carbon footprint and gained insight into what a price on CO2 means for their own business.

Financial Actors Take Note: expanded carbon pricing poses real, but manageable, 'transition' risks

I4CE has published a series of three Climate Briefs on the management of climate-related risks by financial actors, focusing specifically on three questions:

  • Why should financial actors align their portfolios with a 2°C pathway to manage transition risks?
  • How could financial actors manage their exposure to climate risks? 
  • How should financial actors deal with climate-related issues in their portfolios today?

This blogpost rapidly summarizes these three Climate Brief presents an overview of the topics covered and the main conclusions. The three briefs are available on the I4CE website. 

The Carbon Pricing Leadership Coalition brings together leaders from government, private sector, academia, and civil society to expand the use of carbon pricing policies.

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