Thursday, October 3, 2019, 9:30 AM – 10:30 AM
Evidence suggests that an economical way to reduce greenhouse gas emissions is through the use of carbon pricing instruments. Explicit carbon pricing mechanisms fall into three categories: cap & trade, carbon tax or a hybrid of both elements. Each mechanism has strengths and weaknesses. This webinar will introduce the basic concepts of carbon pricing, including carbon taxes and cap-and-trade programs, the benefits and design of pricing policies, as well as experiences and learnings from the African context.