We would like to thank our Partner Sponsors

We would like to thank our Partner Sponsors:

Carbon Markets & Finance to Support Risk Management and Build Resilience Katie Sullivan Margaret-Ann Splawn Jonathan Grant Hugh Salway IETA CMIA IETA UK Government Abyd Karmali OBE Mike Wilkins James Cameron Bank of America S&P Global Ratings Pollination Angela Naneu Churie Kallhauge CPLC

Carbon Pricing Initiatives around the world 2020

In 2019, about 1, 600 companies disclosed that they currently use or anticipate using internal carbon pricing within two years.

Introducing the Carbon Pricing Leadership Coalition The Carbon Pricing Leadership Coalition (CPLC) is a unique initiative that brings together leaders across national and subnational governments, the private sector, and civil society with the goal of putting in place effective carbon pricing policies that maintain competitiveness, create jobs, encourage innovation and deliver meaningful emissions reductions

How do we work? CPLC FOCUS AREAS What do we do? Fostering Stakeholder Engagement Building & Sharing the Evidence Base Mobilizing Business Support Effective Communication of Carbon Pricing Broadening, deepening and converging carbon pricing schemes worldwide

CPLC 2020 – 2025 Shift from a focus on just making the case for carbon pricing to facilitating collective action across jurisdictions and sectors, involving a cross section to stakeholders • • Strengthen the knowledge base. Broaden Engagement Deepen advocacy with the private sector as well as citizen groups and other civil society organizations Key areas of focus • • Carbon Pricing in a New Global Context (e. g. economy recovery plans post COVID 2019) Role of Carbon Pricing in Achieving the 2050 Net Zero Targets Carbon Pricing and Global Trade Ensuring a Just Transition to a Low Carbon Economy

Carbon Markets & Finance to Support Risk Management and Build Resilience Katie Sullivan Margaret-Ann Splawn Jonathan Grant Hugh Salway IETA CMIA IETA UK Government Abyd Karmali OBE Mike Wilkins James Cameron Bank of America S&P Global Ratings Pollination Angela Naneu Churie Kallhauge CPLC

Could Agriculture And Forestry Be The New Frontier For Green Bonds? – The IPCC estimates that 23% of total anthropogenic GHG emissions are caused by agriculture, forestry, and other land use activities Source: Climate Bond Initiative Proprietary and Confidential, copyright S&P Global. Intended for Recipient. Further Distribution requires S&P Global’s written permission. 9

Too Late For Net-Zero Emissions By 2050? The Potential Of Forests And Soils – Capturing CO 2 in forests and agricultural soils has the maximum potential to offset 32%-47% of annual CO 2 emissions. Biosequestration has the potential to offset approximately 26%-37% of annual global GHG emissions. The offset values could be worth $125 billion-$150 billion for a total market of $175 billion-$250 billion a year, roughly the size of the green bond market – Markets forest- and soil-based offsets face obstacles such as stagnation in the climate change negotiations, uncertainty about measuring offsets, and wildfires Proprietary and Confidential, copyright S&P Global. Intended for Recipient. Further Distribution requires S&P Global’s written permission. 10

Carbon Markets & Finance to Support Risk Management and Build Resilience Katie Sullivan Margaret-Ann Splawn Jonathan Grant Hugh Salway IETA CMIA IETA UK Government Abyd Karmali OBE Mike Wilkins James Cameron Bank of America S&P Global Ratings Pollination Angela Naneu Churie Kallhauge CPLC

We would like to thank our Partner Sponsors: