As world leaders, mayors, CEOs, environmental advocates, civil society and other stakeholders get ready to attend the U.N. Climate Summit on Sept. 23 in New York, one of the main items on the agenda is which price to put on carbon pollution.
Seen by experts as a key weapon to fight global warming, carbon pricing schemes have been already implemented in almost 40 countries around the world, where local governments use mechanisms like emissions trading systems or carbon taxes.
The private sector — even large corporations that used to oppose such legislation in the past — is increasingly supporting this drive, but more support is needed to limit the increase in global mean temperature to 2 degrees Celsius above pre-industrial levels.
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About the author
Jeff Tyson@jtyson21
Jeff is a former global development reporter for Devex. Based in Washington, D.C., he covers multilateral affairs, U.S. aid, and international development trends. He has worked with human rights organizations in both Senegal and the U.S., and prior to joining Devex worked as a production assistant at National Public Radio. He holds a master's degree in journalism from Columbia University and a bachelor’s degree in international relations and French from the University of Rochester.
