Leaders from Across the Americas Announce Paris Declaration on Carbon Pricing in the Americas

December 13, 2017

The leaders of Canada, Colombia, Costa Rica, Chile, Mexico, California, Washington, Alberta, Nova Scotia, Ontario, and Quebec (the Parties) today announced the Paris Declaration on Carbon Pricing in the Americas. The Parties commit to:

 

  • Implement carbon pricing as a central economic and environmental policy instrument.

  • Apply a cost of carbon to guide public investment decisions and encourage the private sector to do the same.

  • Create a platform for cooperation with support from the World Bank and the Partnership for Market Readiness (PMR) to, among other things, promote carbon markets.

  • Collaborate to strengthen measurement, reporting and verification (MRV).

  • Explore development of common standards to ensure environmental integrity of international carbon pricing.

  • Strengthen international and regional collaboration.

 

Please contact Lisa DeMarco with any questions.

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