Carbon pricing is a powerful and proven tool to drive sweeping decarbonisation throughout the economy, but only 22% of global emissions are covered by some form of carbon price, and those prices remain too low to drive a low-carbon transition.
We support the rapid adoption of just and effective carbon pricing mechanisms to drive a rapid transition to a low-carbon economy.
About the strategy
Though insufficient in isolation, a swift transition to a low-carbon economy will require meaningful, equitable carbon pricing mechanisms.
- Our grants to Resources for the Future, the Niskanen Center and Carbon Tracker Initiative support the production of strategic and credible research on the power of carbon risk and pricing.
- Our Conservation International project seeks to support the ‘nesting’ of REDD+ into a national framework in Kenya that will help improve the veracity of emissions offsetting and embed social factors more thoroughly into REDD+ projects.
- Our work with Climate Justice Alliance supports their efforts to empower grassroots organisers and communities to mitigate carbon risk by stopping pollution at its source, and creating alternative economic strategies that support resilient communities. These visionary climate solutions, led by the most impacted communities, are critical to solving the climate crisis.