Thank you to all who attended the event! If you were not able to attend the live event, or would like to watch it again, you will find the link to the recording below. It will be available until May 13, 2022.
Today, nearly 50 % of the 500 largest companies globally are applying some form of internal carbon pricing model, or they intend to do so within the two coming years (World Bank 2021). Beyond the obvious need to reduce global emissions and the extensive policy-agenda towards this goal, there are several benefits associated with the use of an internal carbon pricing model. These benefits include:
- Better tracking of greenhouse gas emission in preparation of a regulatory future where carbon is priced.
- Calculating, tracking, and pricing emissions eases operation across international pricing policies for multinational enterprises (MNEs).
- It can work as an incentive mechanism to motivate innovation and efficiency improvements.
This seminar gathers experts on carbon pricing to showcase how firms are currently adapting to institutional and market-related pressures for carbon reductions through internal carbon pricing. We will discuss the opportunities and challenges associated with utilizing an internal carbon price mechanism including design principles, data challenges and compliance issues.