Finland, Nigeria and Uruguay become the latest countries to join the Global Carbon Pricing Challenge (GCPC), highlighting their commitment to carbon pricing mechanisms in the fight against climate change.

Panama has become the latest Friend to the Global Carbon Pricing Challenge (GCPC). This latest announcement follows news that Guinea has joined as a Friend with both countries actively pursuing options to implement carbon pricing mechanisms.

Catherine Stewart, Chair of the GCPC Advisory Committee and Canada’s Ambassador for Climate Change, joined Katie Sullivan, Managing Director at IETA to discuss the latest GCPC updates during New York Climate Week 2024.

Guinea joins the Global Carbon Pricing Challenge (GCPC) as a Friend, reinforcing its commitment to reducing greenhouse gas emissions and combating climate change.

Kazakhstan is the latest country to join as a Partner to the Global Carbon Pricing Challenge (GCPC), a global initiative aiming to cover 60% of the world’s emissions with carbon pricing by 2030. Kazakhstan joins existing Partners Canada, Chile, Denmark, the EU, France, Germany, New Zealand, Norway, Republic of Korea, Sweden and the UK, and Friend Cote d’Ivoire.

The Global Carbon Pricing Challenge (GCPC) welcomes France as a new Partner underscoring its commitment to environmental sustainability and carbon emissions reduction at a global scale. France's decision to join the GCPC as a Partner was announced following a meeting between the Prime Minister of France, Gabriel Attal, and the Prime Minister of Canada, Justin Trudeau, in Ottawa on April 11 and the renewal of the Canada-France Climate and Environment Partnership.

Ahead of COP28, Canada welcomed Sweden and the European Union as new Partners of the Global Carbon Pricing Challenge. These jurisdictions follow a growing list of members that have joined since COP27, including the Republic of Korea, Norway, Denmark, and the Côte d’Ivoire as Friends of the Challenge.

The Global Carbon Pricing Challenge (GCPC) announced plans today for two major events at COP28 in Dubai, marking an important step-change in the Challenge’s work and firmly placing it on the international environmental and climate agenda.

Today, during the Climate Ambition Summit at the United Nations, Prime Minister Justin Trudeau and Steven Guilbeault, Minister of Environment and Climate Change, were joined by other world leaders to affirm their commitment to carbon pricing and call for its expansion in order to accelerate global climate action and decarbonization.