The Political Economy of Carbon Pricing
In 2025, there were 80 carbon pricing instruments in operation around the world covering around a quarter of greenhouse gas emissions—a huge increase from only a few years ago. However, in many jurisdictions, particularly those in the Global South, carbon prices are very low; globally, only 3.2% of emissions are priced at the level recommended by the High Level Commission on Carbon Prices.
There has long been criticism by some of the effectiveness of carbon pricing due to the political economy challenges of implementation. This webinar will provide a forum for leading researchers, practitioners, and policy professionals to engage with the latest thinking about these challenges, to share lessons learned from real-world implementation, and to identify opportunities for politically feasible solutions.
Speakers
- Michael Lerner, Assistant Professor of Political Science and Public Policy, London School of Economics and Political Science
- Kuki Soejachmoen, Executive Director, Indonesia Research Institute for Decarbonization
- Philip Gass, Director, Energy Program, Just Transitions and Canada, International Institute for Sustainable Development
- Mai Duong, Policy Advisor, Tax, Climate, and Nature, International Institute for Sustainable Development
Upcoming events
Fiscal Policy Responses to the Energy Price Shock – Session 2
The second webinar in a two-part Coalition of Finance Ministers for Climate Action series, this event will explore how short-term support measures can protect vulnerable households and businesses while preserving price signals, maintaining fiscal sustainability, and supporting longer-term energy transition objectives.
ASEAN Regional Workshop on Carbon Pricing and Carbon Markets
This workshop will explore policy design options suited to national contexts in the ASEAN region, and strengthen readiness for participation in international carbon markets, including under Article 6 of the Paris Agreement.
Designed to Fail: How fossil fuel infrastructure undermines municipal finances
This event presents research about the high costs of infrastructure in North American cities.
Weathering the Waters: Building climate resilience that pays off
Join us to explore Canada’s adaptation progress, the rising costs of delay (water, floods, drought), and new ways to finance resilience.