Market-Based Policies
A growing number of jurisdictions are adopting market-based climate policies. By putting a price on carbon, these policies give businesses the incentive to innovate so they can cut emissions at the lowest possible cost.
A growing number of jurisdictions are adopting market-based climate policies. By putting a price on carbon, these policies give businesses the incentive to innovate so they can cut emissions at the lowest possible cost.
Climate change is a global challenge that requires global solutions. Efforts like the Paris Agreement strengthen confidence that all countries are doing their share, helping each country do even more.
Parties agreed to a framework for the Global Goal on Adaptation (GGA)—known as the UAE Framework for Global Climate Resilience (UAE Framework)—at the 5th Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA5) …
The UN Framework Convention on Climate Change’s (UNFCCC) 28th Conference of the Parties (COP28) set out a historic agreement to operationalize the Fund for Responding to Loss and Damage (FRLD), including new funding arrangements for responding to loss and damage …
The establishment of the Just Transition Work Programme (JTWP) and its inclusion on the agenda of the meeting of the Parties to the Paris Agreement (CMA) reflects the greater awareness and engagement by Parties on just transition and its inextricable …
To meet the climate challenge, the United States needs a comprehensive national approach. Well-designed federal policy can cut emissions and strengthen resilience while driving economic growth.
Carbon border adjustment mechanisms (CBAM) are an emerging set of trade policy tools that aim to prevent carbon-intensive economic activity from moving out of jurisdictions with relatively stringent climate policies and into those with relatively less stringent policies. Border adjustments …
There are various market-based approaches to pricing carbon (e.g., carbon tax, cap and trade, clean energy standard). All of these approaches can reduce emissions cost-effectively while driving clean energy innovation. This factsheet compares three carbon tax proposals and two cap-and-invest …
In the absence of stronger federal leadership, many states are enacting their own climate goals and policies. They serve as laboratories, demonstrating what's effective and informing national policy.
This map and related materials pertaining to all types of extreme weather can be found here. Last updated January 2025.
As centers of population and energy use, cities generate a majority of our climate emissions. Local governments play a critical role in reducing emissions and in making communities resilient to climate change.
Local governments across the United States are bearing increasing costs of extreme weather disasters while facing a global transition to a low-carbon economy. Equipped with more information on how these and other climate-related factors present financial risks and opportunities, local …
Cities will soon qualify for funding though the $1.2 trillion 2021 Infrastructure Investment and Jobs Act (IIJA), which can be used to magnify their impact on climate and resilience priorities. This crucial funding opportunity comes at just the right time …