Carbon pricing is one of the most promising and effective tools to accelerate climate action. While more than 40 countries and regions have already implemented policies to this end, we are still a long way from a global carbon price.

There are many challenges related to the implementation of carbon pricing policies. For one, there are carbon leakage concerns and the difficulty of establishing a carbon price that sufficiently reflects the negative externalities of emissions. Moreover, possible socio-economic effects related to a price increase of goods and services would need to be properly addressed as well as the question of how to use the revenues generated from pricing carbon.

It is against this backdrop that I4CE, AFD and Enerdata organised this COP 23 event to discuss the issue of carbon pricing policies and the opportunities offered by the use of carbon revenues. ICTSD was represented by Andrei Marcu, Senior Fellow, ICTSD and Director, ERCST who participated as a speaker in the roundtable. 

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Bonn, Germany
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Carbon pricing in the G20: A window for advancing sustainable development
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Event
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programme 1
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English
Date period: 
Wednesday, 8 November 2017 - 10:00am

The Paris Agreement on climate change has paved the way for climate action around the globe. To fully accelerate the transition to a low-carbon economy it is necessary that states agree on the remaining details of the Accord, including on how to operationalise Article 6 on voluntary cooperation.

Countries have pledged in their nationally determined contributions to level-up climate action. While this constitutes an important step for the climate, a consensus on how to link regional, national, and sub-national policies has not been reached yet. In particular, a central challenge is how to facilitate the use of internationally transferred mitigation outcomes for the purpose of meeting a country’s own mitigation objectives, in the context of the great heterogeneity that characterises individual NDCs.

It is against this backdrop that Harvard University and Fondazione Centro Studi Enel organised this COP 23 side event on how to link carbon pricing instruments. ICTSD was represented by Andrei Marcu, Senior Fellow, ICTSD and Director, ERCST who participated as a speaker in the roundtable. 

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Bonn, Germany
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Three-Dimensional Climate Clubs: Implications for Climate Cooperation and the G20Carbon Market Clubs under the Paris Climate Regime: Climate and Trade Policy Considerations
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Event
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programme 1
Language: 
English
Date period: 
Tuesday, 14 November 2017 - 11:30am

The design and implementation of ambitious climate change mitigation measures is key for paving the way for a low-carbon future. At the same time, the implementation of these measures may also impact social and economic objectives, including in other countries. To minimize any policy conflicts in this regard, it is necessary that possible negative impacts of response measures are being properly addressed.

Discussions on response measures remain an important piece of the UNFCCC negotiating process. At COP 23, countries shared views and experiences on the impact response measures may have across countries and how economic diversification and a just transition of the workforce could help mitigate these effects. While a just transition of the workforce is needed to make the shift to a low-GHG economy equitable, economic diversification could provide the necessary framework to achieve this transition – and trade has an important role to play in this context. While trade can function as an enabler for a just transition, cutting across the various domains relevant to climate policy and sustainable development, the challenge is to ensure that it helps all countries share the benefits of transforming their economies.

It is against this backdrop that UNCTAD and UNFCCC organised this COP 23 side event to look at economic diversification, a just transition of the workforce and global value chains in the context of sustainable development. ICTSD was represented by Andrei Marcu, Senior Fellow, ICTSD and Director, ERCST who participated as a speaker in the roundtable.

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Bonn, Germany
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The Role of Response Measures in Ensuring the Sustainable Transition to a Low-GHG Economy
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Event
programme: 
programme 1
Language: 
English
Date period: 
Thursday, 16 November 2017 - 6:30pm

Trade policy can play an important role in supporting climate action. By facilitating the dissemination of clean energy technologies and products with low-emissions content, trade can make a significant contribution to the transition to a low-carbon future and the implementation of the Paris Agreement on climate change.

The global trade system offers many opportunities for the climate and the global effort to reduce carbon emissions. To fully leverage the potential of trade in climate action, it is necessary however to ensure that possible tensions between the trade and climate regimes are being addressed. Externalities from trade, including transport emissions, and counter-productive tools such as fossil fuel subsidies and local content requirements need to be disciplined.

It is against this backdrop that the Yale Center for Environmental Law and Policy organised a workshop on trade and climate change to discuss how trade policies could support climate action. This closed-door event provided for an informal exchange of views among a select group of experts on how to utilise and strengthen the trade regime to address climate change. ICTSD was represented by its Chief Executive, Ricardo Meléndez-Ortiz, who facilitated a session on disciplines in the trading system that might be applied to promote climate action. 

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Place: 
New Haven, CT, USA
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Fossil Fuel Subsidies Reduction and the World Trade OrganizationOptions for Disciplining the Use of Trade Remedies in Clean Energy TechnologiesTrade Elements in Countries’ Climate Contributions under the Paris AgreementGlobal Rules for Mutually Supportive and Reinforcing Trade and Climate RegimesEnabling the Energy Transition and Scale-up of Clean Energy Technologies: Options for the Global Trade System
Main Tag: 
Event
programme: 
programme 1
Language: 
English
Date period: 
Thursday, 30 November 2017 - 9:15am to Friday, 1 December 2017 - 3:00pm