Publications

I4CE welcomes the conclusions from the report of the High-Level Commission on carbon prices

30 May 2017 - Blog post - By : Benoît LEGUET

On May 29th, the High-Level Commission on carbon prices delivered its conclusions in a report dedicated to foster the implementation of carbon pricing policies.

For the Commission, efficient carbon pricing paths begin with a strong price signal in the short term, followed by a credible commitment to maintain long-term prices at a level high enough to produce the necessary changes. However, the appropriate level of carbon prices varies from country to country. The Commission recalls that 87% of global emissions are not tariffed today and that three quarters of the world emissions are covered by a carbon price of less than 10 dollars per tonne of CO2.

The report calls for a sharp increase in the price per tonne of CO2, which is expected to reach at least 40 to 80 dollars in 2020 and then 50 to 100 dollars in 2030, in order to meet the goal of limiting global warming to 2°C as defined by the Paris Agreement. Given the time it takes to set up carbon pricing mechanisms, countries should tackle them now, hammer the authors.

 

 

Download the report

Read the key messages of the report

Read I4CE’s contribution

 

 

 

 

I4CE Contacts
Benoît LEGUET
Benoît LEGUET
Managing Director Email
To learn more
  • 12/08/2023 Foreword of the week
    Private finance: it’s time to rethink the European strategy

    There is a broad consensus that private finance has an important role to play in financing the climate transition, given the scale of needs and the constraints on public finances. Beyond investments in climate alone, all financial activities must be reoriented to be compatible with the transition. This shift cannot take place on a voluntary basis at the scale and speed required. The inactivity of financial players, the weight of past financing, and the demands of shareholder profitability limit the effectiveness of voluntary international initiatives to which private financial players commit themselves.

  • 12/05/2023
    For an articulated approach to economic policy and financial regulation to deal with climate challenges

    La transition net‑zéro, c’est-à-dire la transformation vers une économie neutre en carbone et résiliente, est un défi majeur et urgent pour réduire les effets du changement climatique. Cette transformation nécessite la transition et l’adaptation de toutes les activités et de tous les agents économiques. Elle relève d’abord de la sphère économique réelle et doit s’appuyer sur une feuille de route opérationnelle des actions à mener. Celle-ci doit être définie par une politique économique ambitieuse (budgétaire, fiscale, monétaire, réglementation des produits et des secteurs, etc.).

  • 12/01/2023 Foreword of the week
    COP28 : It’s money time !

    COP28 in Dubai kicks off amidst a worrying climate backdrop. For the first time, the threshold of a 2°C temperature rise compared to the pre-industrial era was exceeded in one day. In addition, a report published by the UN this week warns that current policies are placing the planet on a warming trajectory of 2.9°C, and that the chances of maintaining the increase at +1.5°C are now of only 14%. The results of the first Global Stocktake, a worldwide assessment of the actions taken by countries since the Paris Agreement, will be published at the COP and should confirm the urgent need to change the trajectory of greenhouse gas emissions. 

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