Canada works to advance carbon pricing internationally - Carbon pricing: an effective tool to reduce emissions and address climate change

WASHINGTON, D.C, April 15, 2016 /CNW/ - At major international meetings organized by the World Bank, the Minister of Environment and Climate Change, the Honourable Catherine McKenna, met with representatives from countries around the world to encourage the adoption of carbon pricing as a strategy to reduce emissions and stimulate investments in green infrastructure and low‑carbon innovation.

The Carbon Pricing Leadership Coalition (CPLC) held high‑level assembly meetings on April 14 and 15 in Washington, D.C. The CPLC works to foster the successful international implementation of carbon pricing.

Minister McKenna addressed the high‑level assembly, where attendees included World Bank President Jim Yong Kim and United Nations Secretary‑General Ban Ki‑moon.

While in Washington, Minister McKenna also held a series of bilateral meetings with representatives of world financial organizations and national banks, and her international ministerial counterparts in environment, sustainable development and foreign affairs to strengthen collaboration on the adoption of carbon pricing as a mechanism to lower emissions globally.

Quote

"Canada believes that carbon pricing is an effective tool to reduce emissions and stimulate investments in green infrastructure and low‑carbon innovation. As part of the Carbon Pricing Leadership Coalition, Canada is working to encourage the international adoption of carbon pricing strategies, and collaborating at home with provinces and territories to take action on climate change—including putting a price on carbon."
– The Honourable Catherine McKenna, Minister of Environment and Climate Change

Quick facts

• A carbon price is a means of attaching a price to carbon emissions. It makes it more expensive for companies to pollute and creates an incentive to pollute less.

Associated link

http://www.carbonpricingleadership.org/

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Image with caption: "On April 14, 2016, Minister Catherine McKenna and Vice President of Sustainable Development, Laura Tuck, as Canada endorses the World Bank’s Zero Routine Flaring by 2030 Initiative in Washington D.C. (CNW Group/Environment and Climate Change Canada)". Image available at: http://photos.newswire.ca/images/download/20160415_C3815_PHOTO_EN_667192.jpg

Image with caption: "On April 14, 2016, Minister Catherine McKenna with Markus Karlsson, Mohamed Boussaid, Ségolène Royal, Jim Yong Kim, Mark Carney at the Turning the Paris Climate Agreement into Action Panel Discussion. (CNW Group/Environment and Climate Change Canada)". Image available at: http://photos.newswire.ca/images/download/20160415_C3815_PHOTO_EN_667193.jpg

Image with caption: "On April 15, 2016, Minister Catherine McKenna with panelists Robert C. Orr, Aditya Narain, Stefan Ingves, Sir Jon Cunliffe, and Adele Morris during the Climate Change and Financial Stability Executive Panel. (CNW Group/Environment and Climate Change Canada)". Image available at: http://photos.newswire.ca/images/download/20160415_C3815_PHOTO_EN_667194.jpg

Caitlin Workman, Press Secretary, Office of the Minister of Environment and Climate Change, 819-938-9436; Media Relations, Environment and Climate Change Canada, 819-938-3338