The Brazilian Business Council for Sustainable Development (CEBDS), in partnership with the Carbon Disclosure Project (CDP) and with the support of We Mean Business, will launch the study next Wednesday (16), at COP 22, in Marrakesh 'Carbon Pricing: What the Business Sector Needs to Know to Position Itself'The publication's objective is to update Brazilian businesses on the mechanisms currently in use for carbon pricing and their impacts on the competitiveness of organizations.
The study to be launched deepens the discussion started in publication 'Navigating Carbon Pricing Scenarios', launched in 2015, provides a broad contextualization of the topic through a review of international experiences and updated literature. The document also presents the types of carbon pricing instruments; outlines their benefits, impacts, and possible responses; presents insights from the Brazilian corporate sector; and provides recommendations for the design and implementation of these mechanisms in the country.
Currently, more than 500 companies worldwide already use internal carbon pricing in their decision-making, and more than 700 plan to do so by 2018, according to CDP data.
Event
The publication will be launched during a debate hosted by CEBDS in partnership with the Ministry of the Environment (MMA) on carbon pricing and financial strategies for implementing Brazil's NDC (commitments made under the Paris Agreement). The event will take place at 1:15 p.m., Marrakesh time, in room Bering Room within the Blue Zone of COP22.
The president of CEBDS, Marina Grossi, will be a speaker alongside the Minister of the Environment, José Sarney Filho; the Secretary of Climate Change and Environmental Quality of the MMA, Everton Lucero; the executive secretary of the Brazilian Forum on Climate Change, Alfredo Sirkis; the director of the Climate Bonds Initiative, Justine Leigh Bell; the Ph.D. professor at Stanford (USA), PR Shukla; the representative of the International Center for Environmental Research and Development in France, Jean-Charles Hourcade; and Leo Heileman of the United Nations Environment Program (UNEP – Latin America).
