The Price Is Right, Part I
Renowned economist Lord Nicholas Stern literally wrote the book on carbon pricing – well, the Stern-Stiglitz High-Level Commission on Carbon Prices. He and IFC Vice President Hans Peter Lankes join ClimateBiz to discuss the basics of carbon prices, what businesses need to know, and what this means for international development. 8:21 Current state of carbon pricing initiatives 11:54 What should the price be? 14:47 Carbon pricing and developing countries 17:35 Millennial preferences 21:00 IFC’s carbon pricing experience 26:00 Carbon Pricing Leadership Coalition 29:32 Climate change and pensions