ALLCOT will participate as a panelist in ParlAmericas’ Climate Change Gathering
Alexis L. Leroy, CEO and Founder of ALLCOT Group, will participate in representation of IETA as a panelist in the 3rd gathering of the Parliamentary Network on Climate Change entitled Fostering Climate Action in the Americas and the Caribbean: The Role of Parliaments within the Climate Agenda. It will be held at Parlatino Headquarters (Ave. Principal de Amador) in Panama City in October 4-5, 2018 and it is organized by ParlAmericas.
Mr. Leroy will participate as a panelist in session 4, “Carbon Pricing in the Americas and the Caribbean” (October 5th, 2018, 9:00 – 10:30) to provide his perspective on the basics of carbon pricing, implementing carbon mechanisms, and the role of legislation and oversight within carbon pricing.
Carbon pricing is the mechanism designed to capture the external costs of emissions of greenhouse gases (GHG). The price on carbon assigns responsibility for emissions on the emitter and provides an economic incentive to shift towards more clean energy. Selecting the best model is critical for driving innovation and incentivizing transformation in key sectors such as energy and mining to limit climate change. At the most recent Conference of the Parties, several issues relevant to pricing and carbon markets remain in negotiation for the rulebook of the Paris Agreement such as double counting, additionality and upholding rights of local stakeholders.
This session will present the central debates of the international negotiations and present the various carbon pricing models, highlighting the role of national parliaments to assure new economic opportunities for all national stakeholders.