Carbon pricing has found favour as a key policy mechanism increasingly being deployed around the world to reduce greenhouse gas emissions. Popular with policymakers, carbon pricing offers market-focus and revenue-raising potential. In 2022, global-carbon pricing revenues reached almost USD$100bn.
Through an understanding of how carbon pricing works, its potential challenges and the implications of future changes in carbon prices, this expert policy report – part of the Risilience Transition Risk Series – aims to help business leaders embed carbon-price considerations within their business strategy to facilitate their path to net zero.
From emission trading systems and carbon tax to internal carbon pricing and the imminent EU Carbon Border Adjustment Mechanism, navigating the dynamics of carbon pricing is no easy task.
As climate policies are strengthened to meet ever-more ambitious climate targets, carbon-pricing policies will expand in both scope and scale. Corporates exploring ways to reduce emissions in a cost-effective way, to avoid potentially significant compliance costs, need to understand the impact of carbon pricing on business. There are opportunities as well as challenges in a low-carbon economy and well-informed, science-led organisations will be better positioned to identify and optimise prospects in the era of climate disruption.
The value of carbon pricing – is your organisation ready to maximise business opportunity?
Download your copy of the report.