The role of carbon revenues in financing the climate transition

Webinars - By : Diana CÁRDENAS MONAR

Learning from experiences worldwide

 

Session 1: Asia Pacific

 

Session 2: Americas

 

Description

As part of the EU-funded European Union Climate Dialogues (EUCDs) project, the Institute for Climate Economics (I4CE) has organised a global webinar on how carbon revenues can maximise benefits of carbon pricing and accelerate the climate transition. This activity is the final step of a broader process with the aim of supporting a switch to a comprehensive perspective, where carbon revenues are part of the implementation of low-carbon and climate resilient pathways. The webinar was the opportunity to discover the findings of a study carried out by I4CE on this topic and to engage in a constructive discussion with diverse stakeholders on the lessons learned and way forward.

 

Read the concept note

 

Date: April 9, 2024

Time: 

Two sessions to cover different time zones.

 

  • Session 1 (Asia Pacific): 9:30 – 11:00 AM CEST
  • Session 2 (Americas): 4:30 – 6:00 PM CEST

 

Format: online 

Objective: 

This webinar was aim to trigger discussion among policymakers, practitioners, experts, private sector, and civil society about national and subnational practices on the use of carbon revenues, highlighting their role in accelerating ambitious climate action and enhancing acceptability of carbon pricing by benefiting society and the economy. 

 

Target audience: 

Government officials, international organizations, academia, think tanks, non-governmental and civil society organisations, as well as individual experts, consultants, and professionals interested in learning from and contributing to the discussion. 

 

Format:

Open virtual seminar split in two sessions (per time zones), each with two key moments: 

 

  • A presentation to introduce the topic through the findings of the report on the use of carbon revenues prepared by .  
  • A panel discussion with different thematic focus for each session involving 3-4 speakers (government officials and experts). Guiding questions has used by the moderator for the panel discussion, and participants had the opportunity to contribute and ask questions in the Q&A sections.   

 

Agenda

Welcome and technical details, I4CE

 

Introductory words, European Commission (DG CLIMA)

 

Context setting intervention

 

Session 1: Asia-Pacific

  • Stefano De Clara, International Carbon Action Partnership (ICAP)

Session 2 : Americas

  • Joseph Pryor, World Bank

 

Presentation: Maximising benefits of carbon pricing through carbon revenue use: Exploring worldwide experiences from the field, by I4CE

 

Panel discussion: 

 

Session 1: Asia-Pacific

  • Sharlin Hemraj, Director Environmental and Fuel Taxes, National Treasury, South Africa;
  • Noor Syaifudin, Fiscal Policy Agency, Ministry of Finance of Indonesia;
  • Stefano De Clara, Head of Secretariat at the International Carbon Action Partnership (ICAP)

 

Session 2: Americas

  • Amanda Engel, Strategic Advisor, Tax Policy Unit, Government of British Columbia, Canada;
  • Assia Elgouacem, Acting Head of Tax and Environment Unit, OECD;
  • William Wills, Techncal Director, Brazil Climate Center;
  • Stefano Carattini, Andrew Young School of Policy Studies, Georgia State University; 
  • Juan Pedro Searle, Head of Climate Change, Ministry of Energy, Chile. 

 

Question and Answers

 

Concluding remarks, European Commission (DG CLIMA)

 

 

This activity is part of the European Union Climate Dialogues Project (EUCDs) 

09 Apr 2024

The role of carbon revenues in financing the climate transition

I4CE Contacts
Diana CÁRDENAS MONAR
Diana CÁRDENAS MONAR
Research Fellow – Tools for financing the transition at the international level Email
To learn more
  • 11/21/2025 Foreword of the week
    How to strengthen climate risk management and supervision to protect financial stability

    Climate change does not conform to business, political or supervisory regime cycles– its adverse long-term impacts lie beyond such horizons. Ten years ago, when Mark Carney highlighted this paradox in his landmark Tragedy of the Horizons speech, climate change was not considered a financial stability risk. Today, European supervisory stress tests estimate up to €638 billion in banking losses over 8 years, while the European Central Bank (ECB) reveals that over 90% of eurozone banks face climate and environmental risks. A key question arises: Is the supervisors’ primary focus on greening the financial system sufficient in the face of rising risks, especially stranded assets? 

  • 11/13/2025
    How solidarity levies can help bridge the climate and development finance gap

    The climate and development finance gap is large and widening, as Official Development Assistance (ODA) declines and needs multiply. With shrinking fiscal space in vulnerable countries, solidarity levies are gaining attention as a predictable source of international finance. Launched at COP28 by Barbados, France, and Kenya, the Global Solidarity Levies Task Force (GSLTF) is the main initiative in this space.

  • 11/12/2025
    Bridging the Finance Gap: Leveraging National and Subnational Public Financial Institutions for Localised Climate and Development Action

    National Public Banks (NPBs) and Subnational Public Financial Institutions (SPFIs), including development banks and agencies as well as climate and green funds at the subnational level, play an increasingly vital role in financing climate action and the just transition. While national governments provide frameworks aligned with nationally determined contributions (NDCs), actual implementation occurs largely at the subnational level, which currently lacks sufficient funding. SPFIs can work as financial intermediaries, as they not only understand local needs and have stronger ties with local governments and businesses, but also access much larger volumes of capital from more diverse sources. 

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer