Carbon pricing policies in a Just Transition

A just transition approach is an essential part of any climate action including carbon pricing so as to ensure all the relevant stakeholders could benefit equitably, and that any potential negative consequences for them are minimized. This session will discuss the role of carbon pricing policies in facilitating a just transition and its dimensions and approaches in different contexts. It will review examples on how well-designed carbon pricing instruments can serve as an enabling policy instrument to support just transition strategies in targeted sectors or across economies.