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Leaders from Governments & Businesses Show Support for Carbon Pricing
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Leaders from Governments & Businesses Show Support for Carbon Pricing

74 countries, 23 states, provinces and cities and over 1000 businesses and investors signalled their support for carbon pricing through a series of initiatives being launched at the UN Climate Leadership Summit this week.

Countries such as China, South Africa and Russia are planning carbon pricing, as well as other countries at high risk from climate change. Businesses included range across the energy, industry and transportation sectors.

If carbon pricing is expanded to this scale there is potential to bring down emissions in a way that supports clean energy and low-carbon growth. To move carbon pricing forward, the ‘World Bank Group’, ‘World Economic Forum’ and the ‘We Mean Business Coalition’ announced they would convene a carbon pricing leadership coalition with business and government leaders. View the full article here.

Author: The World Bank

Publish Date: 22.09.2014

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