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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
June 9 @ 16:45 - 18:00
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.