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ERCST Side Event at Bonn Climate Change Conference – Mobilizing Private Investments: The Role of the Private Sector and Carbon Markets in the GST
This side event was hosted at the Bonn Climate Change Conference in collaboration with with ICC and IETA
Venue: World Conference Center Bonn, Platz d. Vereinten Nationen 2, 53113 Bonn, Germany, Kaminzimmer room
Carbon pricing and market-based instruments, including cooperative approaches under Article 6 of the Paris Agreement, represent key vehicles facilitating private sector investments and driving climate action. Ahead of the Global Stocktake (GST) at COP28, this public-private dialogue aimed to explore the importance of expanding market-based carbon pricing instruments and international cooperation to mobilize finance flows, scale up reduction and removal activities and increase NDC ambition.