Price on Carbon: 73 Countries and Over 1,000 Businesses Speak Out in Support

Leaders from across government and business are sending a clear message to the world that climate change is a risk that cannot be ignored, and, importantly, that they are ready to work together to bring down emissions.

Seventy-three countries and 11 states and provinces – together responsible for 54 percent of global greenhouse gas emissions and 52 percent of GDP – joined 11 cities and over 1,000 businesses and investors in signaling their support for carbon pricing through a series of initiatives being announced at the UN Secretary-General’s Climate Leadership Summit on 23 September.

The list includes countries like China and South Africa that are planning carbon pricing, as well as Russia and countries at high risk from climate change, like the Marshall Islands. It includes business ranging across industry, energy and transportation, and institutional investors with more than $24 trillion in assets.

Download the statement here.

Visit www.worldbank.org for more information.