GLASGOW: The key to carbon pricing is sending a clear signal to market players, while market players need to play a key role in the actual formulation of carbon prices, experts said.
Speaking via video at a subsession during the ongoing COP26 summit in Glasgow, Scotland, Zhu Xian, vice-president and general secretary of the International Finance Forum (IFF) noted that while governments of all countries have been putting great efforts into carbon pricing, actions should also be taken by market players, particularly from the private sector.