Nordic initiative for effective carbon price gains international support

The Call on Carbon initiative was presented to Nordic companies at a webinar on 29 March, with representatives from the Norwegian, Finnish and Swedish governments present in the meeting.

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The Call on Carbon initiative, launched by Nordic climate-business networks, urges governments to ramp up climate investments and adopt more effective carbon pricing systems. On the 29th of March, the initiative was presented to Nordic companies in a webinar, with representatives from the Norwegian, Finnish and Swedish governments present.

Within the first six weeks, the call has already attracted 87 signatories. These signatories include companies, financial institutions, cities, universities, and industrial associations, which are mainly Nordic at this phase. The call has gained support and interest also from European and international business networks. The most prominent signatory is the International Chamber of Commerce, the institutional representative of more than 45 million companies in over 100 countries.

- The Call on Carbon highlights the significant potential in business and government collaborating to enable effective carbon pricing that drives much-needed investment in climate solutions and sustainability, said John W.H. Denton AO, Secretary General of the International Chamber of Commerce (ICC), when signing the call.

The call aims to mobilize a large volume of visible support for carbon pricing from all over the world ahead of the November UNFCCC COP in Glasgow and to encourage governments to take faster, greater actions in this area.

State Secretary of the Norwegian Ministry of Climate and Environment, Mathias Fischer, was representing the Norwegian government at the meeting. 

- Good climate policies must also be good policies for businesses so that we can create jobs and cut emissions at the same time. The Norwegian government will increase the CO2 tax to 200 EUR by 2030. We do that not because we want more revenue, but to adjust our economy and businesses for the future. I believe that our economy will be more competitive with lower emissions and higher carbon prices, said the State Secretary. 

Read the full press release here.