Archived Webinar

Benchmarking a Global Price for Carbon

A framework to develop a global carbon benchmark price.

Putting a price on carbon, either through a domestic carbon pricing instrument or international carbon markets, will play an important role in driving innovation across sectors and facilitating an orderly transition towards low carbon by addressing market failures. While the current bottom-up development of carbon pricing and international carbon markets promotes innovation, the diversity of approaches reduces transparency between climate actions and increases the complexity of market integration. This in turn reduces visibility over existing and future carbon prices, as well as acts as a barrier to making finance flow to support climate actions.  

 In this context, the World Bank has been exploring an approach for the consolidation of carbon pricing information. A consolidated price would then be benchmarked as a “spread” against a global target price corridor that is consistent with the Paris Agreement. The objective of this webinar is to present the proposed consolidation methodology that the World Bank has developed and to discuss how it can be refined and leveraged to support multiple purposes. 

About the Presenters

Bernice K. Van Bronkho

Global Director, Climate Change Group, World Bank

Mike Knight

World Bank 

Jia Li

World Bank 

Dirk Forrister

CEO, IETA 

Mark Lewis

Head of Climate Research, Andurand Capital Management LLP 

Questions Submitted

Mariam

- Nov 17, 2022
interesting

DR. YOGENDRA NATH

- Nov 12, 2022
Good.

jose luis

- Oct 24, 2022
muy bueno

Mohammad Nadir

- Oct 23, 2022
Great!

DR. YOGENDRA NATH

- Oct 23, 2022
Nice video.

Dagoberto

- Oct 21, 2022
La sociedad actual demanda acciones inmediatas, que garanticen la sostenibilidad tanto de la producción, como la no contaminación por lo tanto es urgente, impulsar nuevas tecnicas productivas, que trabajen de forma transversal con los mercados de carbono para certificar de manera responsable nuestras actividades.
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