CPLC Brings Carbon Pricing Dialogue to The Pacific Alliance

President Bachelet Speaks at the Pacific Alliance summit 2016

The CPLC, in partnership with the Government of Chile and with the support of The Prince of Wales Corporate Leaders Group, held a high-level dialogue among private sector and government leaders on June 30 in Santiago, Chile to discuss carbon pricing and regional green growth. The event was held in the context of the Pacific Alliance Summit - during which Chile, Colombia, Mexico, and Peru agreed to initiate a new environmental working group to promote regional green growth - and followed a series of technical workshops on carbon pricing organized by the Program for Market Readiness project in Chile.

Participants in the CPLC dialogue highlighted the value of carbon pricing policies as a tool to support collaborative green growth, in addition to meeting emissions reduction targets and achieving low carbon development objectives. Furthermore, the discussion emphasized the need for business-government partnerships to catalyze clean and efficient private sector growth, at scale.

President Bachelet delivered the keynote address, emphasizing that green growth is neither a luxury or privilege. Rather, it is a key pillar for development in the 21st century, driving innovation throughout the economy. Citing examples in clean energy production and storage, waste recycling, and pollution taxes, President Bachelet encouraged participants to collaborate in public-private platforms such as the CPLC and through the Pacific Alliance and identify green growth strategies that improve welfare of all people in this and future generations.