In this paper, the Net-Zero Asset Owner Alliance calls on policymakers to implement ambitious and reliable carbon prices, to fulfil the Paris Agreement commitments.

To ensure effective implementation of a carbon price policy instrument, the Alliance formulates a list of five design principles:

  • Ensuring appropriate coverage and ambition,
  • Delivering a just transition,
  • Providing a predictable price signal,
  • Minimising competitive distortions, and
  • Promoting international cooperation.