Regional Carbon Pricing & Markets Virtual Series – NORTH AMERICA Edition
To view the recording of this event, click here.
Jointly organized by IETA, The World Bank and the Carbon Pricing Leadership Coalition (CPLC).
This special event opens IETA’s annual regional ‘’Carbon Forum North America 2020 Virtual Series”, for business, political and NGO leaders to discuss the latest developments, innovations and outlooks on climate action and leadership. Panelists address the role of climate markets and cooperation to enhance ambition, as well as delve into the latest experiences and the surge of carbon policy, market and finance developments across Canada, the United States and parts of Latin America, while connecting dots on how these market solutions unlock business engagement, finance and innovative solutions to tackle the climate challenge at scale.
Welcome & Opening Remarks by Katie Sullivan, Managing Director – IETA
Part 1: Leaders Dialogue – Markets & Cooperation to Unlock Ambition in North America
Part 2: Regional Action & Collaboration: Lessons from the Past – Outlooks for Future
This session features governments and experts to explain how lessons from the Regional Greenhouse Gas Initiative (RGGI)’s are being used to inform future sub-national activities, while addressing diverse communities and environmental justice issues. How is the regional collaborative working to ensure program benefits are shared with those who have traditionally born the brunt of climate change and air pollution. In addition, the panel will share the latest updates on the Transportation Climate Initiative (TCI), as the Northeast states look to build on the strengths of RGGI and address carbon emissions in the transportation sector. Is the post COVID world, an opportunity to crack the carbon transportation puzzle? Or should regulators back away until the economy recovers?
Part 3: Business Views on Carbon Pricing: What’s on the Horizon in North America?
North America’s carbon markets are arguably remaining resilient through COVID. In addition to the RGGI/TCI program, California-Quebec and Nova Scotia cap and trade systems are moving forward, prioritizing post-2020 design and the role of markets in achieving longer-term carbon neutral goals. Canada, federally, has launched its pan-Canadian carbon pricing program. Mexico has now launched its national pilot cap and trade system, set for full operationalization by 2022. In addition, we’re seeing a surge in voluntary corporate net-zero action and commitments. This panel of business experts will explore the current dynamic of North America’s compliance, pre-compliance and voluntary markets – and what opportunities and trends to watch over the coming decade.
5-min teaser – VCM 2020 Report by Stephen Donofrio, Director – Ecosystem Marketplace & Supply Change Initiatives
Wrap up & Closing Remarks by Angela Naneu Churie Kallhauge, Head – CPLC