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.
In early March, the Carbon Tax Research Initiative at Columbia University's Center on Global Energy Policy (CGEP) joined the CPLC as an official partner. The Initiative explores key questions and implications related to the design and implementation of a carbon tax in the United States. Check out some of their work here.
On Tuesday, March 19 at Africa Climate Week, the World Bank Group (WBG) and International Emissions Trading Association (IETA) hosted a Carbon Pricing Leadership Coalition (CPLC) workshop on Carbon Pricing, Markets, and Sustainable Development in Africa. This all-day event showcased how policies and programs to put a price on carbon can mobilize climate investment, drive social benefit, and reduce carbon pollution. The agenda featured key stakeholders who are either implementing, considering, or advancing carbon pricing—including representatives from Burkina Faso, Côte d'Ivoire, South Africa, Rwanda, Senegal and Nigeria.
UN Climate Change News, Accra, 20 March 2019 – Africa Climate Week in Accra, Ghana, got firmly underway this morning with the commencement of the high-level segment at the capital’s Convention Center. The overriding message being heard at this Regional Climate Week is that a ‘bright and happy future’ will be largely compromised without the proper financing, which also needs to be de-risked to encourage flows of finance to the 54 African nations. There are some positive signals: the World Bank Group last week announced $22.5 billion over 2021-2025 in climate support in Africa – a commitment which acted as a precursor to their co-hosting of a ‘Carbon Pricing Day’ on the margins of the Africa Climate Week, highlighting how innovative policies and programs can mobilize climate investments, drive social benefits, and reduce carbon pollutions.
Launched in May 2017, the Carbon Pricing Dashboard is an interactive online platform that provides up-to-date information on existing and emerging carbon pricing initiatives around the world.
Change in numbers as of February 1, 2019:
46 national jurisdictions and 28 subnational jurisdictions are putting a price on carbon.
57 carbon pricing initiatives are implemented or scheduled for implementation
High-Level Assembly | April 11 | 13:00-14:30 | World Bank HQ (Board Room)
Technical Workshop | April 12 | 9:00-16:30 | Canadian Embassy (TBC)
The CPLC Secretariat has opened registration for the CPLC Fourth Annual High-Level Assembly and Technical Workshop. CPLC Partners are invited to participate in both. The High-Level Assembly and CPLC Technical Workshop will take place as part of the World Bank Group/International Monetary Fund Spring Meetings, and will bring together leaders from government, private sector, and civil society organizations.
Registration is required. Participants must also register for a Spring Meeting badge.
February 21, 2019 - Last week in New Delhi, India, the Carbon Pricing Leadership Coalition (CPLC), which is convened by the World Bank Group, organized the CPLC Research Conference—the world’s first international research conference on carbon pricing. Hosted in collaboration with The Energy and Resources Institute, the two-day event brought together over 30 researchers and 150 participants from a range of sectors, with special emphasis on drawing in young, emerging scholars and researchers from developing countries.
New Delhi, February 14, 2019 – The Carbon Pricing Leadership Coalition is hosting the World’s First International Research Conference on Carbon Pricing on February 14-15, 2019. During the CPLC Research Conference, over thirty presenters will share their research papers, which were selected and reviewed through a call for papers led by an international scientific committee. The Conference is expected to host over 300 participants and will feature high-level dignitaries including Lord Nicolas Stern (London School of Economics) and Mr. Tomasz Chruszczow (Cop 24 Special Envoy for Climate Change, Poland). The Conference serves to better inform future decisions made by policymakers and businesses using carbon pricing.
The World Sustainable Development Summit (WSDS) kicked-off in New Delhi, India. The annual summit, hosted by The Energy & Resources Institute (TERI), brings together high-level government officials, business leaders, policymakers, and stakeholders to discuss sustainable development practices. The 2019 theme is “Attaining the 2030 Agenda: Delivering on our promise”. This year, the World Bank Group (WBG) is a major partner—solely organizing three thematic tracks. On Monday, February 11, the WBG executed a full-day of engaging and informative panels.
The CPLC Secretariat has released the full agenda for the CPLC Research Conference that is taking place on February 14-15 in New Delhi, India. The Conference will open with a keynote from Chair of the Grantham Research institute at the London School of Economics and Co-Chair of the High-Level Commission on Carbon Prices, Lord Nicolas Stern, and then proceed to a packed agenda of plenaries, panels, and discussions. The CPLC Research Conference Co-Chairs, Andrei Marcu and Michael Mehling, will set the context and lay out the goals for the Conference.
Yesterday evening, the Climate Leadership Council, a CPLC Partner, announced that “27 Nobel laureates, all 4 former Fed Chairs, and 15 former Chairs of the Council of Economic Advisers unite behind carbon dividends as the bipartisan climate solution.”
UN Climate Change, 15 January 2019 – The provisional program for Africa Climate Week 2019, which is being hosted from 18–22 March in Accra, Ghana, has now been published online – showcasing a dynamic schedule of activities that will demonstrate enhanced ambition across the continent. Full details concerning topics and speakers will follow in due course.
The Carbon Pricing Leadership Coalition (CPLC) and the World Bank Group are hosting the world's first International Research Conference on Carbon Pricing on February 14-15 in New Delhi, India. Spots are filling up, so register today!
Negotiations at the 24th annual UN Climate Change Conference of Parties (COP) wrapped up in Katowice, Poland on Saturday, December 15, 2018. The two-week long summit hosted thousands: from ministers to mayors, from students to civil society, and from businesses to banks. The implementing guidelines of the Paris Agreement, known as the “Paris rulebook”, are now in place. Of the many announcements and engagements that took place over the two weeks, this story from the World Bank Group covers some highlights.
See the latest carbon pricing initiatives around the world!
Launched in May 2017, the Carbon Pricing Dashboard is an interactive online platform that provides up-to-date information on existing and emerging carbon pricing initiatives around the world. It builds on the data and analyses of the annual State and Trends of Carbon Pricing report. Users can navigate key statistics and information on carbon initiatives implemented or scheduled for implementation using interactive mapping.
Stakeholder and public support are critical for an enduring and robust carbon pricing policy. How jurisdictions communicate their carbon pricing policy plays a key role in creating and maintaining that support. Check out the Partnership for Market Readiness and the Carbon Pricing Leadership Coalition’s new Guide to Communicating Carbon Pricing.
UN Climate Change News, 14 December 2018 – Countries are increasingly using or considering to use carbon pricing instruments as a means to achieve their commitments under the Paris Agreement, and examples were presented this week at the UN Climate Change Conference (COP24) in Katowice, Poland.
As of April 2018, carbon pricing initiatives implemented or scheduled for implementation were expected to cover 20 percent of the world’s total greenhouse gas emissions. Parallel to this, climate policy supporters at the global level have become more involved backing strategies that take into consideration carbon pricing.