Partners and prospective Partners of the Carbon Pricing Leadership Coalition will convene in Washington at World Bank Group Headquarters for a two-day Design and Consultative Meeting. Participants will share the latest global experiences on carbon pricing design and implementation, and discuss and agree upon a final work plan and governance arrangements for the Coalition.
More than eighty participants are attending, including representatives from national and sub-national governments, businesses and investors, international organizations and civil society. The program features updates from leading governments implementing emission trading schemes and carbon tax systems; businesses that are using internal carbon pricing to manage climate risk and encouraging policy makers to enact carbon pricing systems; and experts from the various CPLC strategic partner organizations that are contributing valuable knowledge generation, technical support, stakeholder engagement and international advocacy for carbon pricing.
The meeting is an important step in the consultation process with Partners and stakeholders to agree on a detailed work program and working arrangements for the Coalition. The active input from all Partners on proposed work program activities and priorities will further strengthen the collective ownership of this initiative, and its mission to advance political support for and drive effective carbon pricing around the world.
Through this coalition of the working, organizations are sending a clear signal leading up to and beyond the COP 21 Climate Conference in Paris this December: that carbon pricing is a cornerstone of effective strategies to avert dangerous climate change. It provides a necessary signal for investment in low-carbon and resilient economic growth, empowers the private sector in long-term planning and decision making, and ensures that environmental goals are achieved in the most flexible and least-cost way to society.