For the first time Heads of State, city and provincial leaders have come together with the support of leading companies to urge countries and companies around the world to put a price on carbon pollution.
The call to price carbon comes from the Carbon Pricing Panel – a group convened by World Bank Group President Jim Yong Kim and IMF Managing Director Christine Lagarde - to spur further, faster action ahead of the Paris climate talks. They are joined in this effort by OECD Secretary General Angel Gurria.
The panel includes German Chancellor Angela Merkel, Chilean President Michelle Bachelet, French President François Hollande, Ethiopian Prime Minister Hailemariam Desalegn, Philippines President Benigno Aquino III, Mexican President Enrique Peña Nieto, Governor Jerry Brown of California, and Mayor Eduardo Paes of Rio de Janeiro.
Private sector support is spearheaded by Anne Stausboll, CEO of US Institutional Investor CalPERS, Gérard Mestrallet, CEO of ENGIE of France, Anand Mahindra, Chairman and Managing Director of Mahindra Group of India, and Feike Sijbesma, Chairman and CEO of Netherlands-based Royal DSM who will help link business needs with public policies through the Carbon Pricing Leadership Coalition, an action based platform, featuring a large group of companies, that will be officially launched in Paris on November 30, 2015.