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Carbon pricing leadership coalition calls for international carbon pricing system

May 21, 2017 by Ronjoy Bezbarua

(Source: Sustainable Brands) With more than 60 governments and 1,200 businesses now pricing carbon emissions, the Carbon Pricing Leadership Coalition (CPLC) and a group of 200 organizations have issued a global call to action for the establishment of an international carbon pricing system an effort to achieve the 2°C target outlined in the Paris Climate Agreement. The CPLC convened for its Second High Level Assembly earlier this month, where businesses, governments and organizations such as the World Bank Group and International Monetary Fund gathered to discuss the role of the financial sector in delivering investment and mitigating climate risk. Carbon pricing was highlighted as one of “the most potent and efficient strategies” being used to reduce carbon emissions and transformational in the facilitation of the shift towards a low-carbon economy. Read full article….

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