UN Climate Change News, 14 December 2018 – Countries are increasingly using or considering to use carbon pricing instruments as a means to achieve their commitments under the Paris Agreement, and examples were presented this week at the UN Climate Change Conference (COP24) in Katowice, Poland.
As of April 2018, carbon pricing initiatives implemented or scheduled for implementation were expected to cover 20 percent of the world’s total greenhouse gas emissions. Parallel to this, climate policy supporters at the global level have become more involved backing strategies that take into consideration carbon pricing.