Putting a value on GHG emissions is a powerful way to approach the ambitious climate goals outlined in the new Paris Agreement. It frames the climate challenge in financial terms – polluters are incentivized to cut emissions in order to minimize their cost of doing business. This April 2016 publication presents a selection of global trends and developments that suggest that the world is responding rapidly to the new “rules of the game” set by the Paris Climate Agreement adopted in December 2015. A full update of the Carbon Pricing Pathways will be released in the fall of 2016.
October 23, 2018