PARIS, France, Nov. 30, 2015 /CNW/ - Today, speaking at a Paris Climate Conference event organized by the World Bank, the Honourable Catherine McKenna, Minister of Environment and Climate Change, announced Canada was joining the Carbon Pricing Leadership Coalition (CPLC), which brings together leaders from government, business, and civil society to support the introduction and implementation of carbon pricing practices around the world.
The goal of the CPLC is to expand the use of effective carbon pricing policies, a market mechanism that drives competitiveness, creates jobs, encourages innovation, and delivers meaningful emissions reductions.
Carbon pricing is an effective tool to reduce emissions and stimulate investments in green infrastructure and low-carbon innovation. CPLC membership currently includes twelve national governments, five subnational governments, and more than 60 businesses.
"Carbon pricing is a key tool to drive the market to innovate and reduce carbon pollution. We are pleased to join the Carbon Pricing Leadership Coalition and to work with our partners towards a low-carbon, climate-resilient global economy."
– The Honourable Catherine McKenna, Minister of Environment and Climate Change
- CPLC was originally launched by the World Bank in 2014.
- CPLC is a voluntary initiative that aims to support and encourage the successful implementation of carbon pricing around the world.
SOURCE Environment and Climate Change Canada
For further information: Caitlin Workman, Press Secretary, Office of the Minister of Environment and Climate Change, 819-938-9436; Media Relations, Environment and Climate Change Canada, 819-934-8008