Investing in Our Knowledge Base: The World’s First International Research Conference on Carbon Pricing
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World Bank Group —————————— STORY HIGHLIGHTS
– The Carbon Pricing Leadership Coalition (CPLC) organized the world’s first international research conference on carbon pricing—the CPLC Research Conference—in New Delhi, India.
– The Conference attracted participants from around the world and featured over 30 researchers that were selected via a competitive “call for papers” led by an international scientific committee.
– The key takeaways included an emphasis on continuing to invest in the carbon pricing knowledge base and building platforms for further collaboration between the research and practitioner communities.
Last week in New Delhi, India, the Carbon Pricing Leadership Coalition
Neha Mukhi from the World Bank leads a panel on carbon pricing and air quality.
Photo: Kaia Rose/World Bank ——————————
Day 1: John Roome, World Bank Senior Director for Climate Change, opened the conference by addressing the audience as the world’s “carbon pricing brain trust”. He was followed by Gérard Mestrallet, co-chair of the CPLC High-Level Assembly and the former CEO of Engie, and Lord Nicholas Stern, co-chair of the High-Level Commission on Carbon Prices and IG Patel Professor of Economics and Government at the London School of Economics. Presentations then covered a range of topics on the first three themes, with highlights including “Creating a Climate for Change? Carbon Pricing and Long-Term Policy Reform in México” by Arjuna Dibley, “Proposal for a Carbon Fee and Dividend Policy in the State of New Jersey” from Jivahn Moradian, “The Environmental Effectiveness of Carbon Taxes: A Comparative Case Study of the Nordic Experience” from Sachintha Fernando, as well as “Pricing Carbon to Contain Violence” from Shiran Victoria Shen. Andrei Marcu closed the first day with in-depth conversation on the status of Article 6 of the Paris Agreement with practitioners and experts involved in the negotiations. Overall, the day provided a comprehensive overview of the history and performance of carbon pricing measures around the world.
Day 2: Michael Mehling kicked off the second day chairing an opening plenary on carbon pricing in practice with representatives from Sweden, Mexico, Canada, the World Resources Institute and the World Bank. Presentations covered the larger social-political-economic context of carbon pricing, from “Carbon Pricing Design Options to Address Co-Pollutant Hotspots ” presented by Rachel Cleetus, to air quality and the practical implications of carbon pricing design in relation to common concerns such as equity, policy interaction, and competitiveness. For example, Daniela Gutiérrez Torres presented on the “Interaction between the Carbon Tax and Renewable Energy Support Schemes in Colombia: Complementary or Overlapping?”
The CPLC Research Conference reinforced that carbon pricing research is necessary to underpin effective carbon pricing implementation.
The conference closed with a call for increased content development, including more country-specific research, as well as upcoming opportunities to push the carbon pricing message—such as Innovate4Climate