The need to decarbonize international transportation has long been overlooked. Aviation and shipping account for a rapidly growing share of global carbon dioxide emissions. This session will explore global mitigation policies for the sectors, notably a carbon tax and other pricing instruments like feebates, which could kick-start the sectors’ transitions towards net zero while generating substantial revenue for climate finance. The event, based on IMF’s recent analysis, will address practical policy options, their implementation, and the allocation of revenues from pricing to drive meaningful change in these hard-to-abate sectors.
Panelists
Ruud de Mooij
Deputy Director, Fiscal Affairs Department, IMF
Morten Bo Christiansen
Senior Vice President, Head of Decarbonization, A.P. Møller – Mærsk A/S
Marie Owens Thomsen
SVP Sustainability and Chief Economist, International Air Transport Association (IATA)
Tom Evans
Senior Associate, Global Solidarity Levies Task Force, European Climate Foundation (ECF)
Moderator: Pilita Clark, Associate Editor, Financial Times