CPLC collects and facilitates access to up-to-date information tailored for policy makers, business leaders and practitioners on current and emerging practices related to the design and implementation of carbon pricing initiatives, market trends, opportunities and trade-offs.
Financial institutions are increasingly prioritizing climate-related risks and
opportunities as part of their financial planning and budding climate strategies.
The TCFD outlines recommendations
to manage climate-related risks and opportunities, including the application
of internal carbon pricing in scenario analysis, which banks can incorporate into
investment decisions across their portfolios.
Pricing carbon consumption, rather than just production, can improve the economic efficiency and environmental effectiveness of carbon pricing schemes by ensuring that the costs of CO2 emissions associated with production are fully passed through the entire value chain.
This report includes an updated Carbon Price Corridor for the power sector and a new Corridor for the chemical sector, which can be used by a wide range of actors with an interest in the changes taking place in these markets – including business and financial actors seeking to align their business and investment strategies with the Paris Agreement, and policymakers, as they seek to align policy frameworks to achieve their climate goals.
This executive brief presents a proposal for the
creation of a pioneering carbon market in the
Brazilian industrial sector. The development
of this proposal is based on discussions at
various events organized by the Brazilian
Council for Sustainable Development (CEBDS)
on the pricing of carbon, as well on direct
consultations with industry representatives
from the steel, cement, finance, and oil and
CARBON PRICING DASHBOARD
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 series.
Users can navigate key statistics and information on carbon initiatives implemented or scheduled for implementation using interactive mapping.
The Carbon Pricing Dashboard was developed by the World Bank Group with the help of Ecofys and supported by CPLC.
Competitiveness and Carbon Leakage
What is the Impact of Carbon Pricing on Competitiveness?
Japanese, Spanish version (Carbon Pricing Leadership Coalition, 2016)
Carbon Pricing & Addressing Competitiveness
Use of Revenues
What are the Options for Using Carbon-Pricing Revenues
Japanese Spanish version (Carbon Pricing Leadership Coalition, 2016)
The Investment of RGGI Proceeds through 2014 Regional Greenhouse Gas Initiative (RGGI, 2016)
Carbon pricing: how best to use the revenue?
(Grantham Institute, GGGI, 2015)
Two World Views on Carbon Revenues
(Resources for the Future, 2013)
Carbon Fee and Dividend Explained (Citizens Climate Lobby, 2016)
How to Use Carbon Tax Revenues
(Tax Policy Center, 2016)
Choose Wisely: Options and Trade-Offs in Recycling Carbon Pricing Revenue
(Canada Eco-Fiscal Commission)
British Columbia’s Revenue-Neutral Carbon Tax: A Review of the Latest “Grand Experiment"
(Nicholas Institute and University of Ottawa Institute of the Environment, 2015)
Carbon Pricing Revenues
Carbon Pricing in the Maritime Shipping Sector
Regional carbon pricing for international maritime transport (World Bank, 2018)
How can Carbon Prices and Policies be effectively aligned? Spanish version (Carbon Pricing Leadership Coalition, 2016)
Climate and Carbon: Aligning prices and Policies
Aligning Policies for a Low-carbon Economy
The FASTER Principles for Successful Carbon Pricing: An approach based on initial experience
(OECD/World Bank Group, 2015)
The Role of Carbon Pricing in a Low-Carbon Transition (Report from the Canadian Business Members of CPLC to Minister McKenna and Coalition partners, 2018)
C-Suite guide to internal carbon pricing Toolbox for creating corporate value (Ecofys, The Generation Foundation and CDP, 2017)
How-to guide to corporate internal carbon pricing - Four dimensions to best practice approaches (Ecofys, The Generation Foundation and CDP, 2017)
Internal Carbon Pricing – Stress Testing Business for Climate Change Risk (Talking Points brief from Trucost, a division of S&P Global, 2017)
Putting a Price on Carbon:
A Handbook for Indian Companies (CDP, TERI, 2017)
Impacts Of A Global Carbon Price On Consumption And Value Creation
Implications For Carbon Pricing Design (Generation Foundation, Ecofys, NTU, Netherlands Environmental Assessment Agency)
A Win-Win Solution to Abate Aviation CO2 Emissions (Joint Program on the Science and Policy of Global Change, MIT, 2017)
Carbon Market Readiness Training Guide (IETA, B-PMR, 2017)
Internal Carbon Pricing, A Growing Corporate Practice (English and French, EpE, I4CE, 2016)
Carbon Pricing: what the business sector needs to know to position itself (CEBDS and CDP, 2016)
Embedding a Carbon Price Into Business Strategy (CDP, 2016)
Executive Guide to Carbon Pricing Leadership
(UN Global Compact, WRI, 2015)
Emerging Practices in Internal Carbon Pricing
Investing in a Time of Climate Change
Preparing for Carbon Pricing: Case Studies from Company Experience - Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company
(Partnership for Market Readiness, 2015)
Markets Matter: Greenhouse Gas Markets 2014
Caring for Climate Business Leadership Criteria on Carbon Pricing
(UN Global Compact, 2014)
STATE AND TRENDS OF CARBON PRICING
State and Trends of Carbon Pricing 2018 (World Bank, 2018)
Carbon Pricing Watch 2017 (World Bank, Ecofys, May 2017)
State and Trends of Carbon Pricing 2016 (World Bank, Ecofys, 2016)
Linking carbon markets
A Guide to Linking Emissions Trading Systems (ICAP, 2018)
Carbon Market Clubs and the New Paris Regime
(Climate Strategies, 2016)
Networking Carbon Markets – Key Elements of the Process
(World Bank, 2016)
Toward a club of carbon markets
Creating a club of carbon markets: Implications of the trade system
(ICTSD, WEF, 2015)
Addressing Climate Change: A WTO Exception to Incorporate Climate Clubs
(ICTSD, WEF, 2015)
Towards A Global Carbon Market Prospects for Linking the EU ETS to Other Carbon Markets
(Carbon Market Watch, 2015)
Carbon Pricing in Practice: A Review of the Evidence 2017 (The Center for International Environment & Resource Policy)
Carbon Pricing Watch 2017 (World Bank and Ecofys)
The Sustainable Infrastructure Imperative: Financing for Better Growth and Development. (The New Climate Economy , 2016)
Galvanising low-carbon innovation (The New Climate Economy , 2016)
Underwriting 1.5°C: competitive approaches to financing accelerated
climate change mitigation (Perspectives Climate Group GmbH, 2017)
Ensuring Additionality under Art. 6 of the Paris Agreement: Suggestions for modalities and procedures for crediting of mitigation under Art 6.2 and 6.4 and public finance provision under Art. 6 (Perspectives Climate Research, 2017)
Market Mechanisms and the Paris Agreement (Harvard Project on Climate Agreements, 2017)
Writing the Paris Rulebook: Principles and Guardrails to Keep Things in Check (Carbon Mechanisms Review, September - October 2017, Issue 3)
This Executive Briefing discusses the progress being made in reducing greenhouse gas (GHG) emissions, challenges to achieving effective GHG emissions reduction, and the key role that financiers can play in both mitigating their own risks and helping the industry towards a more orderly, effective decarbonization.
As countries construct their 2030, 2040, and 2050 greenhouse gas mitigation scenarios, they have increasingly identified cost-efficient policies, including carbon pricing instruments, as essential elements of proposed climate action. Countries’ activities in this regard differ based on their unique circumstances, and range from improving “carbon pricing readiness” to designing and piloting various carbon pricing instruments. This note provides updates on countries' activities.
Companies in a diverse range of sectors see carbon pricing as the most efficient and cost-effective means of tackling the climate challenge. Many companies are voicing support for government action to put a price on carbon. Many also assign a price on carbon internally.
An ETS is an explicit carbon pricing instrument that limits or caps the allowed amount of greenhouse gas emissions and lets market forces disclose the carbon price through emitters trading emissions allowances.
Emissions Trading 101 Library