Carbon Pricing as the Foundation for Future Value

Washington, DC — October 7, 2016 — 9:00 am – 12:00 pm
During the World Bank / IMF Annual Meetings
Moderated high-level dialogue on carbon pricing as a driver of future economic value for businesses and communities
Convened under the Chatham House Rule
Participants will receive thematic brief, invitation and details

The global economic and political landscape cannot achieve sustainable stability and prosperity without rapidly decarbonizing our energy systems. Carbon pricing is the most economically efficient way to achieve this. In this dialogue, we will focus on ways in which carbon pricing policy design can be catalytic for building sustainable value for businesses and communities, so that it serves the interest of long-term development, while steering investment affordably to emissions-free practices.

This dialogue is the seventh in the series: Accelerating Progress, Advancing Innovation. Previous dialogues have focused on the following themes:

October 2015, Minneapolis — The Climate Action Opportunity
December 2015, Paris — The Carbon Delta & Business Model Change
April 2016, Washington — Assessing the Carbon Pricing Value Chain
May 2016, Oslo — Evolving a Climate-Smart Financial Sector
June 2016, Minneapolis — Achieving Macro-Critical Climate Resilience
September 2016, New York — Climate, Peace & Security in the SDGs

Carbon Pricing as the Foundation for Future Value

Building on this prior work, the central challenge we put to ourselves in this dialogue is to assess added investment costs flowing from carbon risk, identify carbon pricing leverage points to drive rapid, cost-effective business model innovation, and shift financial sector focus toward macro-critical climate resilience. To make this work more concrete, we will focus on how these factors influence the impact of carbon pricing policy on the building of future business value and community-level economic resilience.

We aim to apply the most economically efficient policy options to the situation-specific work of building durable climate-resilient prosperity, and motivating more ambitious, innovative approaches to shaping national climate policy, during and after the COP22 negotiations in Marrakech.

A full brief on the core questions that will be put to participants will be provided prior to the dialogue.

PROGRAM for October 7

8:45 am – 9:15 am: Coffee and Pastries
9:15 am – 10:15 am: 1st half of moderated dialogue
10:15 am – 10:30 am: Short break
10:30 am – 11:30 am: 2nd half of moderated dialogue
11:30 am – 11:45 am: Run-through of emerging collaborations

Collaborations Emerging from the Dialogue Series

Participants will have the opportunity to join one of a series of collaborative projects, emerging from the dialogue series, aimed at strengthening climate-related resilience and prosperity. The aim is to build serious, ongoing, global collaborative information-sharing in each of the following, to ensure unique, high-value, action-driving information can be provided to governments in advance of the 2018 facilitative dialogue planned as part of the UNFCCC global negotiating process.

The following collaborative information-sharing efforts have emerged from the suggestions and requests of participants in previous dialogues:

To get involved in one of these collaborative information-sharing and reporting projects, please fill out the following form: