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Carbon prices must treble by 2030, $6.6trn investor coalition urges The UN-convened Net-Zero Asset Owner Alliance, whose members manage $6.6trn of assets, is warning that the world won t decarbonise rapidly enough to deliver the Paris Agreement without a radical overhaul of carbon pricing. According to the paper, some 80% of global annual emissions are not covered by carbon pricing mechanisms In a new discussion paper published today (6 July), the Alliance sets out its vision for transforming global carbon pricing mechanisms in line with the Paris Agreement’s 1.5C trajectory. The Intergovernmental Panel on Climate Change (IPCC) has stated that the world will have the best chance of delivering this aim if net global emissions are halved by 2030 and brought to zero by 2050.

France generalUnited kingdomGunther thallingerChris leedsMark carneyIntergovernmental panel on climate changeUnited kingdom energyClimate change committeeAsset owner allianceWorld bank carbon pricing leadership coalitionNet zero asset owner allianceParis agreementIntergovernmental panelClimate changeCarbon market yearSixth carbon budget