| “There has never been a global movement to put a price on carbon at this level and with this degree of unison,” World Bank Group President Jim Yong Kim declared in an October 19, 2015 press release announcing the establishment of a global Carbon Pricing Panel — a group convened by Kim and IMF Managing Director Christine Lagarde.
“It marks a turning point,” the World Bank chief said, “from the debate on the economic systems needed for low carbon growth to the implementation of policies and pricing mechanisms to deliver jobs, clean growth and prosperity. The science is clear, the economics compelling and we now see political leadership emerging to take green investment to scale at a speed commensurate with the climate challenge.”..............................................Full Article: Source
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