Turn Down the Heat, a recent report on the latest climate science prepared for the World Bank, underscores that if no concerted action is undertaken now the world could very likely warm by 4 degrees C by the end of this century. This will have a devastating impact on the climate, pose a threat to economic prosperity and will roll back decades of hard earned progress in development.
Action on climate change is urgently needed. Implementing policy that leads to a price on carbon is part of the solution to mitigating climate change. The World Bank’s Partnership for Market Readiness (PMR) brings together the major economies critical to reducing global carbon emissions to collectively explore and implement cost effective and innovative approaches to greenhouse gas mitigation, including domestic emissions trading schemes, new carbon crediting instruments, and carbon taxes.
Within just two years, PMR participating countries are making significant progress and their policy proposals are among the next generation of carbon pricing tools. To learn more about their activities, the PMR Secretariat is pleased to invite you to:
Pricing Carbon to Achieve Mitigation
Wednesday, March 13, 2013
2:30pm to 5:30pm (reception to follow)
World Bank’s Preston Auditorium
Join us as some of the fastest growing economies share information on the status of their domestic actions and the role of carbon pricing instruments in pursuing their low carbon development objectives. A panel of representatives from countries and regions that are pursuing domestic emissions trading schemes, as well as private entity representatives, will share their views on challenges and opportunities in using market based solutions to foster scaled up climate mitigation action. A draft agenda is attached.
Please register by sending your name, title and organization to us by email to the [email protected] by March 8, 2013.
We look forward to welcoming you soon to the World Bank.
The PMR Secretariat