Mexico advances on carbon pricing scheme

7 March 2014

Some 30 countries -- representing about 80% of global greenhouse gas emissions -- met this week in Mexico to discuss domestic approaches to greenhouse gas mitigation, including initiatives that put a price on carbon such as domestic emissions trading schemes and carbon taxes.

The World Bank’s Partnership for Market Readiness (PMR) -- which brings together developing and developed nations -- is an important platform for countries to share information on their respective low emissions development actions. It supports a larger climate strategy to put a price on carbon.

Read more from the World Bank here