In April 2021, the Global Green Growth Institute (GGGI) joined the Carbon Pricing Leadership Coalition through its Carbon Pricing Global Practice. GGGI’s Carbon Pricing Global practice is a leading actor in global piloting of international carbon transactions under Article 6 of the Paris Agreement and brings with it, experience in providing key services in carbon pricing policy design, development of regulatory frameworks and institutional capacity, design and structuring of transactions, and thought leadership.
Today in Glasgow, the Minister of the Environment and the Fight against Climate Change, Minister Responsible for the Fight against Racism and Minister Responsible for the Laval Region, Benoit Charette, and the Chilean Minister of Energy, Juan Carlos Jobet, invited governments across the Americas to endorse the Glasgow Declaration on Carbon Pricing in the Americas, an initiative of the Carbon Pricing in the Americas platform co-chaired by Québec and Chile.
Integrating carbon pricing into investment decision making and ensuring that carbon pricing policies are designed with consideration of social and development concerns were the two key topics of discussion at the Carbon Pricing Leadership Coalition (CPLC) Fourth Annual High-Level Assembly (HLA) that took place during the World Bank and International Monetary Fund Spring Meetings.
The Leaders’ Voices on Carbon Pricing to Drive Climate Action, a CPLC side event during COP23 in Bonn, provided a platform for partners and stakeholders to focus on this discussion.
Key stakeholders from the public sector, private sector and civil society from Africa and beyond are set to meet next week in Cotonou, Benin, to take forward collaborative climate action for sustainable development in the region.
Meeting the world’s agreed climate goals in the most cost-effective way while fostering growth requires countries to set a strong carbon price, with the goal of reaching $40-$80 per tonne of CO2 by 2020 and $50-100 per tonne by 2030. That’s the key conclusion of the High-Level Commission on Carbon Prices, led by Nobel Laureate Joseph Stiglitz and Lord Nicholas Stern.
Pour atteindre de manière efficace les objectifs climatiques de la communauté internationale tout en encourageant la croissance, il est impératif que les pays fixent un prix du carbone, avec l’objectif d’atteindre entre 40 et 80 dollars par tonne de CO2 en 2020, puis entre 50 et 100 dollars en 2030. Telle est la principale conclusion de la Commission de haut niveau sur les prix du carbone, co-présidée par le prix Nobel Joseph Stiglitz et par Lord Nicholas Stern.
New insights on carbon prices to transform the power sector were launched today by the world’s first industry-led initiative convened by business leaders from Bank of America, Barclays, PGGM, MN, Engie, Iberdrola, NRG and Hermes Investment Management. The power sector accounts for a quarter of global emissions and defining investment-grade carbon price ranges will help companies better understand risks and how these align with the goals set out in the Paris Agreement.
IETA is proud to release its first Carbon Market Readiness Training Guide, featuring corporate experts who share their market experiences through the Business Partnership for Market Readiness (B-PMR) global outreach.
The guide, commissioned by the World Bank’s Partnership for Market Readiness (PMR), is aimed primarily at private sector actors in regions where carbon markets are planned or under development. Tackling issues such as offset strategies, competitiveness concerns, risk management, carbon accounting, and internal governance, each chapter was written by a private sector carbon market practitioner.
Presidents of Thirty Colleges and Universities Call on Higher Education Peers to Support Carbon Pricing as a Solution to Climate Change
Thirty presidents from across the country are throwing their weight behind the student-driven Put A Price On It Campaign to build national momentum for combating climate change by pricing carbon.
