11:30—1:30 PM
Center for Global Development
2055 L Street NW
- Fifth Floor
Washington, DC

Making Paris Happen: Carbon Markets, Taxes, and Other Policy Solutions for Climate Action

Watch the event below:


A special event featuring:

Vitor Gaspar, Director, Fiscal Affairs Department, International Monetary Fund
Michele de Nevers, Senior Associate, Center for Global Development
Mary Nichols, Chair, California Air Resources Board
Catrina Rorke, Director of Energy Policy and Senior Fellow, R Street Institute
Vikram Widge, Head, Climate and Carbon Finance, World Bank Climate Change Group

One month since the Paris climate agreement, it’s essential to maintain the momentum of that highpoint in global cooperation towards addressing the problems of climate change. But how can nations now turn words into action? Join us for a panel discussion on tangible policy options to spur the climate action envisioned in the Paris Agreement. How does a carbon market actually work? What is the role of carbon taxes in reducing global emissions? Why is financing tropical forest preservation the cheapest way for rich countries to cut emissions?

Economic tools, at the domestic and international level, and involving fiscal, financial and macroeconomic policies, will be essential in the years ahead to meet and exceed pledges made in Paris and keep global warming below 2 degrees C. Thoughtful policy design can help developing and developed countries meet mitigation pledges, amass financing for mitigation and adaptation, guide investment in clean infrastructure and pool climate-related risks.

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