China News Service, Beijing, October 29 (Reporter Xia Bin) The 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26) will be held in Glasgow, UK. This is the first climate conference since the outbreak of the new crown epidemic. It is also the first climate conference since the "Paris Agreement" entered the implementation stage.
Recently, at the third global carbon pricing mechanism conference jointly organized by the International Financial Forum (IFF), the European Carbon Pricing Working Group and the Paulson Foundation of the United States, many industry insiders called for in-depth discussions on the global carbon pricing mechanism. As an incentive to achieve net zero emissions, and take urgent action to curb the trend of continuous increase in carbon emissions.
"We do believe that preventing the increase in carbon emissions on a global scale and reversing the trend of carbon emissions in the near future is a necessary condition for a successful fight against global warming. Moreover, if we take appropriate measures, it is completely feasible." Said Edmund Alfondaly, chairman of the European Carbon Pricing Working Group and former French Minister of Economy.
He bluntly said that the current global common goal is to switch from fossil fuels to low-carbon energy as soon as possible, so we believe that carbon pricing is a major tool.
"United Nations Framework Convention on Climate Change" 21st Conference of the Parties (COP21) Chairman Fabius said that in order to promote the world through practical actions to achieve the temperature control goals set by the "Paris Agreement", it is hoped that the COP26 Conference can achieve four goals.
First, global leaders have reached consensus on using carbon pricing to promote various actions to combat climate change.
Second, countries can reach agreement on guiding more private capital to invest in climate change and green technology.
Third, leaders of all countries have demonstrated their strong determination to jointly tackle climate change through global cooperation.
Fourth, global leaders reached a consensus on the interconnection between climate change and biodiversity.
Fabius said: "In all expectations, carbon pricing is the key. It is certain that the COP26 conference will not make specific decisions on global carbon pricing, but carbon pricing itself is the background and prerequisite for discussions on carbon emissions reduction. What kind of results the COP26 conference has achieved in terms of carbon pricing? The three major world economies, the United States, China, and the European Union, will continue to work hard to promote the development of a global carbon pricing mechanism, and will work together to promote carbon pricing to the public and global policymakers. The popularization of pricing-related knowledge. Carbon pricing may be the most effective tool for us to jointly tackle global climate change."
Wit Gaspar, Director of the Fiscal Affairs Department of the International Monetary Fund (IMF), said that carbon pricing can make many climate change control methods observable and quantifiable, and it can also allow various departments to more intuitively understand the impact of climate change on various tasks. Therefore, carbon pricing will naturally become an ideal tool for global cooperation to tackle climate change.
Carbon pricing should become a basic principle for leaders of all countries to discuss global cooperation to address climate change at the COP26 conference.
Zhu Xian, Vice Chairman and Secretary-General of the International Financial Forum (IFF) and former Vice President of the World Bank and the New Development Bank, mentioned that the world is facing energy shortages and even energy crises. The international community needs stronger leadership for the world. Economical provides affordable and reliable alternative solutions.
Strong leadership can prevent embarking on the old path of developing fossil energy because it only considers solving the immediate energy shortage problem during the energy transition process.
He also said that the COP26 conference should consider how to provide funds for developing countries to tackle climate change and promote the development and innovation of low-carbon technologies.
"Of course, the promotion of technological development and innovation should be led and promoted by the private sector and business groups, but the government should also play its due role to more effectively support the commercialization and practical application of technology." (End)