Call On Carbon

For ramping up climate investments and carbon pricing

Join and show your support for an effective carbon price!

25 Oct 2021: An open letter to the heads of state and government – Business leaders urge governments to ramp up carbon pricing

Call – summary

Climate change accelerates and mitigation actions lag behind. It is estimated that the level of ambition needs to be roughly tripled or maybe even five-folded to achieve Paris Agreement targets. Today, only less than a quarter of of global greenhouse gas emissions are covered by carbon pricing initiatives. To achieve needed level of actions and necessary investments we need to kick-start a step change on this.

We, the undersigned, call on governments to:

  • back their net zero targets with effective, robust, reliable and fit-for-purpose carbon pricing instruments, consistent with the Paris Agreement, to facilitate a cost-efficient investment path to reach net zero emissions;
  • align their carbon pricing instruments where appropriate to create a stable and predictable investment environment; and

  • finalise the rules for international market mechanisms under Article 6 of the Paris Agreement to support cost-effective mitigation efforts, create a level playing field and minimise carbon leakage while enabling greater ambition

See the whole call from here

Join

Companies

Business associations & networks

Others

Universities

Cities