voices to accelerate carbon pricing

Accelerating ambitious carbon pricing UNSG 2019

The 2019 UNSG Climate Action Summit called on leaders to present concrete, realistic plans to enhance their nationally determined contributions.

On Sunday, September 22, we convened to identify substantive next steps to drive the carbon pricing agenda forward. The room was full of collective experience, but we know that much more was left outside.

The CPLC Secretariat will summarize and make this available in the run-up to COP25 to support the adoption of carbon pricing around the world.

Add your voice, share your ideas!

Add your voice and help us build a shared vision. How can we work together to advance actions to put a price carbon?

  • How do we expand the geographical coverage of carbon pricing initiatives?

  • How do we deepen the impact of those that already exist?

  • And how can we strengthen cooperation between initiatives so that we can maximize on the opportunities to drive climate action?

  • How do we use carbon pricing to drive climate action and sustainable development in developing countries?

  • How can we implement carbon pricing across value-chain?

Add your voice!

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Natural climate solutions (NCS) store carbon and other greenhouse gases by enhancing, restoring or protecting natural sinks – like wetlands and peatlands - or by reducing emissions from land-use change. They can provide up to 30% of the cost-effective mitigation needed by 2030 to deliver the Paris Climate Change Agreement.

We see an increased interest, awareness and engagement on how carbon pricing can be used to unlock natural climate solutions (NCS).

We believe that there however remains a gap in directly reaching relevant policymakers, who are often unaware or uncertain about how the land-sector could help them deliver current, or unlock future, climate ambition.

Our recommendation is that the CPLC reach out to your country government members to first undertake a baseline assessment of current awareness and inclination towards leveraging NCS within their carbon pricing schemes (either implemented or planned). A simple short survey could be conducted that did this, whilst also identifying key capacity gaps.

As a first step to addressing these gaps CPLC might choose to organise a webinar or similar to start to engage your members on NCS.”
To begin with, it is necessary to set the boundary emission standards for each enterprise. Then, one of the key conditions for development of carbon pricing is to maintain a clear control of emissions (monitoring verification and control system - MVR) and their subsequent taxation. After which there may already be an emissions trading system (ETS) where enterprises could both sell the excess emission quotas that were formed in connection with the modernization of enterprises (which is preferable) or in connection with a decrease in production (a less desirable option) and buy the shortage. An important step is both tax and physical restriction of goods / producers that produce their goods without implementing carbon pricing from the markets that have already implemented carbon pricing”
Help put carbon pricing in main climate action agenda, as one of the key measures for achieving the Paris Agreement goals: through communication campaigns and dialogues with youth, progressive media and purpose driven companies, and information on footprint of products for the consumer, we will help put carbon pricing and the investments needed to transform society in a climate neutral resilient one in the public agenda in Latin America.
I would love to see more work on securing bipartisan or multi-party support for climate change policies. A dangerous amount of time is being wasted as the pendulum swings from broad and ambitious climate action to very limited action with changes in government. How do we form durable policies that are resilient to changes in politics? What lessons can be learnt from those countries that have found agreement and those that have not? What could the CPLC potential do in facilitating processes that result in multi-party agreement?
Keep up the good work!
My points of view to work together to advance actions to put a price carbon are:

- Create a safe space to talk and suggest.
- Set clear intermediate goals and targets for cooperation
- Developing a time plan and an action plan that takes into consideration local laws and circumstances.
- Find and support leaders who can act and initiate change.
Carbon pricing serves dual purpose of stimulating transition to clean energy sources and low-carbon materials and raising funds to support businesses and communities in the process of such transition. It is important that all stakeholders understand the benefits of implementation of carbon price and how the revenues will be allocated. If that is achieved, it will serve to raise the popular support for carbon pricing initiatives in a growing number of countries thus helping to expand its geographical coverage.

The task of implementing carbon pricing across value-chain can be facilitated by introduction of carbon disclosure requirements for transactions on commodity exchanges and other trading platforms.”
It is necessary to develop a global universal approach to carbon pricing. Investors like banks, stock exchanges and governments (e.g. through “green” public procurement) and consumers (companies, individuals, households) play the key role in shaping the low-carbon development framework, creating demand for low-carbon products. Dialogue between different stakeholders is very important.
Link carbon pricing instrument with local-pollutant pricing instruments in order to combat both domestic contamination and climate change. The former is one of the main environmental problems in developing countries the latter a challenge that need the efforts of all countries.
Build public awareness of, comfort with, and support for carbon pricing through public-facing communications that humanize and explain the ideas with stories.”
Encourage the expansion of internal carbon pricing and shadow carbon pricing. Get this to be a requirement of contracting with multinational development banks and UN organizations. Get it included in NDPs as something that government purchasing requires.