“Putting a price on carbon has been recognized as one of the most effective tools to incentivize low-carbon growth and lower greenhouse gas emissions. The Carbon Pricing Panel established by the World Bank can help accelerate the momentum to put a price on carbon-based fossil fuel emissions," Ban Ki-moon said.
United Nations Secretary-General Ban Ki-moon, speaking in Bolivia at the Peoples World Conference on Climate Change and the Defence of Life, said that the subject of the conference was both “important and timely.”
Stressing that financial resources are central to meeting the goals of the transformative 2030 Agenda for Sustainable Development Agenda, United Nations Secretary-General Ban Ki-moon today said that in order to create a low-carbon, climate-resilient future that benefits everybody, allocating appropriate finance is of key importance.
Assistant Secretary-General for Climate Change Janos Pasztor urged global finance ministers meeting in Lima on Friday to "ensure that climate-friendly policies are adopted, replicated – and enforced – throughout the world."
Private sector investments are shifting to address the challenges posed by climate change, and this trend could accelerate if governments and policy-makers take further actions to increase the demand for low-carbon, climate resilient investment, according to a report released today by the United Nations Secretary-General’s Climate Change Support Team.
The Intergovernmental Panel on Climate Change (IPCC) elected Hoesung Lee of the Republic of Korea as its new Chair on Tuesday.
Work towards a new universal climate change agreement was today strengthened through the issuance of the first comprehensive draft of the agreement.
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