Africa Climate Week 2019: Carbon Pricing Day – Report-back

Carbon pricing seen as key tool to drive sustainable development and social benefit *Africa Climate Week: *Carbon pricing seen as key tool to drive sustainable development and social benefit *CPLC Workshop at Africa Climate Week*
On Tuesday, March 19 at Africa Climate Week, the World Bank Group (WBG) and International Emissions Trading Association (IETA) hosted a Carbon Pricing Leadership Coalition (CPLC) workshop on Carbon Pricing, Markets, and Sustainable Development in Africa . This all-day event showcased how policies and programs *to put a price on carbon* can mobilize climate investment, drive social benefit, and reduce carbon pollution. The agenda featured key stakeholders who are either implementing, considering, or advancing carbon pricing—including representatives from Burkina Faso, Côte d’Ivoire, South Africa, Rwanda, Senegal and Nigeria. Drawing over 250 participants, the key takeaways included:
*1) There is a compelling case to price carbon to drive sustainable development in Africa;*
*2) Momentum for carbon pricing is building in Africa, but more needs to be done to expand coverage of initiatives across the continent;*
*3) Communication and stakeholder engagement are key to ensuring carbon pricing initiatives are equitable and aligned with larger development goals;*
*4) Cooperation—domestically, regionally, and internationally—can facilitate greater ambition and efficiency of carbon pricing initiatives.* See the Full Recap *Join the conversation on twitter using #PriceOnCarbon & #AfricaClimateWeek*
Last week, Carbon Pricing Leadership Coalition partners hosted a workshop at #AfricaClimateWeek on #carbonpricing and #sustainabledevelopment. It is clear: momentum for a socially beneficial and environmentally effective #PriceOnCarbon is building across Africa. bit.ly/2Fw472H
Carbon pricing can drive sustainable development and reduce carbon pollution. At #AfricaClimateWeek, key stakeholders from across the continent discussed how to design a #PriceOnCarbon to fulfill both of these goals. See the recap: bit.ly/2Fw472H
*About the Carbon Pricing Leadership Coalition* The Carbon Pricing Leadership Coalition brings together leaders from across government, the private sector, and civil society with the goal of putting in place effective carbon pricing policies that maintain competitiveness, encourage innovation, and deliver meaningful emissions reductions.
*If you are interested in becoming a partner,* *please contact us <cplcsecretariat@worldbank.org>.*
*www.carbonpricingleadership.org*
*Copyright © 2019 Carbon Pricing Leadership Coalition, All rights reserved.* You are receiving this email because you are a partner of the coalition or you expressed interest in learning more about putting a price on carbon.
*Our mailing address is:* Carbon Pricing Leadership Coalition 1818 H Street, NW Washington, DC 20433

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