Last year, governments raised about US$26 billion charging for carbon emissions – a figure taken from “Carbon Pricing Watch 2016” jointly prepared by the World Bank Group and Ecofys. Ecofys is proud to be able to support the World Bank Groups key ambition to bring down global emissions and drive investment into cleaner options.
The past four years Ecofys has assisted the World Bank in writing the annual report State and Trends of Carbon Pricing. The report is the authoritative reference point for carbon pricing information and provides data and insights of the work of the Carbon Pricing Leadership Coalition. Recognized by the international community, the State and Trends report provides insights used for the climate negotiations and, in turn, reports on their progress. The 2016 edition will focus on the alignment of carbon pricing with other climate policies. While a future outlook was released in May, the full 2016 report will be published later this year.
Deadline: 28-Apr-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)
The purpose of the consultancy to be contracted is to propose packages of carbon pricing instruments and possible adjustments to existing sectoral policy instruments to maximize the economic efficiency of implementing the post-2020 PNMC objectives. The macroeconomic impacts of the proposed instrument packages will be assessed in MRP Component.
Article originally posted on the World Bank website.
New Principles to Help Accelerate the Growing Global Momentum for Carbon Pricing
- New report shows the number of implemented or planned carbon pricing schemes around the world has almost doubled since 2012, with existing schemes now worth about $50 billion.
- About 40 nations and 23 cities, states or regions are using a carbon price. This represents the equivalent of about 7 billion tons of carbon dioxide, or 12 percent of annual global greenhouse gas emissions.
- And new report lays out six key principles to put a price on carbon – the FASTER principles – for putting a price on carbon based on economic principles and experience of what is already working around the world
The spotlight is on New York now with the upcoming United Nations meeting on the new Sustainable Development Goals, Climate Week New York, and in about two months, global leaders will meet again in Paris for COP 21.
The decisions made in New York and Paris will set the course for development for years to come. But while these are top level, pivotal meetings, actors around the world are not waiting for a global agreement to act. They are already putting a price on carbon dioxide and other greenhouse gas emissions to drive clean investment. This includes the private sector. And we’ve seen companies from the oil and gas industry – calling for widespread carbon pricing. Today, over 400 businesses worldwide are using an internal price on carbon to guide their investments.