The use of price approaches to tackle carbon emissions has been widely defended by experts on several grounds such as cost-effectiveness or the positive effects on innovation. Companies might introduce internal carbon prices to fill a regulatory vacuum; to prepare for future regulatory actions in this area; to abate emissions efficiently; to define sustainable investment strategies; and to obtain resources to foster internal mitigation or to offset environmental damages. This seminar described practical applications of internal carbon pricing across a wide range of countries and business sectors, with a previous discussion of the foundations, ideal design and global trends in the use of these mechanisms. This seminar, by Nicolette Bartlett
(Climate Change Director, CDP
) and co-organized with the Spanish Green Growth Group
, was held at Funcas
headquarters (Caballero de Gracia 28, Madrid) with an audience mostly coming from the business sector and academia.