Carbon Markets: State of Carbon Pricing Instruments
Date: Oct 24, 2022
Time: 21:00 to 22:30 (KST/GMT+9)
Overview:
Carbon markets are entering a new phase of development. Sixty-eight carbon pricing instruments (including carbon taxes and emission trading systems) are operating worldwide, and several more are scheduled for implementation or under consideration. At the same time, the agreement on the Article 6 rulebook at COP26 and the recent growth of the voluntary carbon market (VCM) are leading to a renewed focus on cross-border approaches and have the potential to create a new global carbon pricing architecture.
Against this backdrop, this session will review the global landscape and discuss how the interaction between domestic carbon pricing instruments, Article 6 mechanisms, and the voluntary carbon market can help African countries reduce emissions, finance their NDC and attract private sector investment promoting climate action and sustainable development.
Event Agenda:
| Program |
|---|
| Welcome Remarks – Ms. Fenella Aouane, Head, Carbon Pricing Global Practice, Global Green Growth Institute (GGGI) |
| GGGI as a leading global provider in Article 6 readiness support – Mr. Nacif Safouane, Morocco DAPA Program Lead, GGGI – Mr. Abdoulaye Seck, Senegal DAPA Program Lead, GGGI |
| Presentation of the session – Mr. Andrea Bonzanni, International Policy Director, International Emissions Trading Association (IETA) |
| Presentation session – Ms. Mireia Vilaplana, Director, Climate Policy, Finance and Carbon Markets, South Pole – “Private sector experience with carbon markets in Africa” – Mr. Ousmane Fall Farr (tbc), Coordinator, West African Alliance on Carbon Markets and Climate Finance – “How Africa can benefit from carbon markets” – Mr. Malek Al-Chalabi, Senior Advisor, Policy and Advocacy, Shell – “What the private sector needs to make Art. 6 a success” |
| Open Discussion/Q&A – Facilitator: Ms. Fenella Aouane, GGGI |
| Panel discussion: – Mr. Abdelrhani Boucham Head of Department and Administrator of Climate Change at the Ministry of Energy Transition and Sustainable Development, Morocco – Ms. Madeleine Diouf Sarr, Head of Climate Change Department and LDC Chair – Mr. Jeff Swartz, Vice President, Low Carbon Strategy & Regulatory Affairs, BP trading & shipping – Moderator: Ms. Lisa DeMarco, CEO, Resilient LLP & Chair, IETA |
| Closing Remarks – Ms. Fenella Aouane, Head, Carbon Pricing Global Practice, Global Green Growth Institute (GGGI) |