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Increasing Climate Ambition: Analysis of an International Carbon Price Floor

Pricing carbon could spur greater emissions reduction to help address the global climate crisis, but what would the economic impacts be of introducing an international carbon price floor (ICPF)? This report, from the World Economic Forum and PwC, analyses a proposal from the International Monetary Fund for an ICPF. It finds that an ICPF could reduce global emissions by 12% without significant economic impact, or the shifting of emissions-intensive economic activities from one part of the planet to another.

Global carbon pricing could pay for itself while cutting emissions by 12%, says new report from PwC and the World Economic Forum

Glasgow, 3 November 2021 - An international carbon price floor for carbon dioxide and other greenhouse gas emissions could spur greater emissions reduction to help address the global climate.

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