The World Business Council for Sustainable Development (WBCSD) and its member companies believe that carbon pricing mechanisms are critical to support the urgent efforts required to drive the transition towards a low carbon future and achieving the 1.5oC goal.
Effective Article 6 Trading Rules Could Save Up To $250 Billion/Yr For Climate Action By 2030, Study Finds
Business Leaders Call for Long-term, Stable Carbon Pricing Policies
Pricing pollution will be critical for decarbonization in the Asia-Pacific
At Asia-Pacific Climate Week, stakeholders from more than 60 countries, from government, private sector, academia and civil society, gathered to explore opportunities to reduce carbon pollution and drive low-carbon and climate resilient development. While many topics were discussed (see key outcomes here), including increasing climate finance, expanding renewable energy access, and mainstreaming nature-based solutions into climate action plans, speakers and participants emphasized pricing carbon pollution as an essential element of the region’s climate action strategy.
Carbon Pricing, Markets and Sustainable Development in the Latin America and Caribbean Region
The Carbon Pricing Leadership Coalition (CPLC) in collaboration with the World Bank’s Partnership for Market Readiness (PMR), the Inter-American Development Bank (IADB) and IETA organized a full day discussion on Carbon Pricing, Markets and Sustainable Development.
Latin America & Caribbean Leaders to Gather in Salvador to Boost Climate Action
On Tuesday, during the Latin America and the Caribbean Climate Week, CPLC, IETA, the World Bank Group and the Inter-American Development Bank will host a day focused on Carbon Pricing, Markets, and Sustainable Development. You can access the full agenda here.
What You Need to Know About a Federal Carbon Tax in the United States
Last week, three new carbon tax proposals were released in Congress: Rep. Rooney’s bill and Rep. Lipinski’s bill in the House of Representatives, and the Coons/Feinstein bill in the Senate. Given the unprecedented level of movement in Congress surrounding carbon tax legislation, the Center on Global Energy Policy’s Carbon Tax Research Initiative launched a new online resource that explains what you need to know about a federal carbon tax in the United States, including comparisons of the existing federal carbon tax legislation introduced thus far.
Launch of the East African Alliance on Carbon Markets and Climate Finance
Supported by GIZ Global Carbon Market Project in East Africa on behalf of the German Federal Ministry for Environment, Nature Conservation and Nuclear Safety (BMU) in cooperation with the UNFCCC Regional Collaboration Center Kampala, Burundi, Ethiopia, Kenya, Rwanda, Tanzania and Uganda established the East African Alliance on Carbon Markets and Climate Finance in June 2019.
New series: The evolution of carbon pricing in the provinces
Policy Options, the digital magazine of the Montreal-based Institute for Research on Public Policy, recently published a series of articles and a podcast on how carbon pricing has evolved at the federal and provincial/territorial level in Canada.
Conference on Carbon Pricing and Aviation Taxes
On June 20 and 21 2019, the Netherlands held a conference in the Hague on Carbon Pricing and Aviation Taxes, gathering politicians, civil servants and scientists from EU Member States as well as other countries. Read some key takeaways.