Implementing a carbon price corridor in the European Union Emissions Trading System (EU ETS) in order to give a clear and predictable price-signal for investors: the main conclusion from the task force (the Canfin Grandjean-Mestrallet Commission) is in line with recommendations The Shift Project has been promoting for the past two years.

Business needs predictable carbon prices - a look back at exclusive session held at Business & Climate Summit

The Shift Project, in partnership with the World Bank, the Carbon Pricing Leadership Coalition, the World Economic Forum and CDP convened business and political leaders for an exclusive panel on carbon pricing at the Business & Climate Summit on June 29th. Bringing the perspective of various sectors and governing bodies to the debate, speakers highlighted the need to harmonize carbon pricing policies and making price signals more predictable.

Why a carbon price corridor is not a tax

The Shift Project publishes a study dismissing the legal risk that a carbon price corridor could lead to a requalification of the European Union's Emissions Trade System as a tax. The study concludes that there is no legal impediment or procedural risk in adopting a carbon price corridor.  

Making sure the ECB doesn't finance CO2 emissions

Michel Lepetit, Vice-President of the Shift Project, published a paper in the French daily Le Figaro, explaining the strong link between ECB's investments and CO2 emissions in the EU, and highlighting the risks posed by the "no limit" approach on currency interventions and by the roll-out of multiple economic instruments.

Achieving European climate goals via a carbon price corridor

The Shift Project recommends an auction reserve price on CO2 emission allowances: "a carbon price corridor" within the EU ETS to favour low-carbon investments.  

Carbon Pricing: The Shift Project welcomes Ségolène Royal’s support

The Shift Project was delighted to hear French Minister of Ecology Ségolène Royal call for the implementation of carbon pricing in terms similar to the Shift’s recommendations.

Well done for the Paris agreement: now let’s get to work!

The long awaited Paris Agreement can be considered a great historic victory. Despite the regrettable vagueness about emission reduction by 2100, the Agreement does give strong signals that encourage a move towards tomorrow's low-carbon society: reviewable national goals, a global goal to remain below the recommended 2 ° C, transparency, financing, adaptation, and assessing loss and damage due to climate change.  

Here are all the videos and reports from our conferences at the 2015 Solutions' Gallery!

Date : 2 - 9 december
The Shift Project was at the Solutions Gallery from the 2nd to the 9th of December, a few hundred meters away from the Blue Zone of COP21. We organized three plenary sessions, where numerous climate change experts and officials from various organizations were invited.

Get real about carbon pricing - fast

We’re almost there, yet everything remains to be done. The climate agreement about to be brokered by the international community boils down to one thing: pledges. Turning national pledges on emissions reduction into reality will demand national commitments both in terms of investments and political consensus. The cornerstone is said to be the implementation of meaningful carbon pricing around the world. While there are several ways of achieving this, there are even more potential dead ends.

Science, politics and finance at the Shift’s plenaries

As partner of the Solutions Gallery, The Shift Project was in Le Bourget – a few steps from COP21 - from the 2nd to the 9th of December. Numerous experts and economic leaders came to speak at our 3 plenary sessions on various aspects of the low-carbon economy. Among them, world-renowned climatologist James Hansen, Youba Sokona, vice-chair of the IPCC, Kevin Conrad, executive director of the Coalition for Rainforest Nations, and Jane Hupe, Deputy Director Environment at ICAO's Air Transport Bureau.