The “2024 ESG Global Leaders Conference” was held in Shanghai from October 16 to 18. International Monetary Fund Managing Director Georgieva gave a speech. She believes that one of the most important measures countries can take is to implement carbon pricing. It can level the playing field for green technology and encourage businesses and households to make low-carbon energy-saving choices. “The current average global carbon price of $5 per ton is too low. In order to effectively curb global warming, the average global carbon price should rise from $5 to at least $85 by the end of this decade,” Georgieva said.

The “2024 ESG Global Leaders Conference” was held in Shanghai from October 16 to 18. International Monetary Fund Managing Director Georgieva gave a speech. She believes that one of the most important measures countries can take is to implement carbon pricing. It can level the playing field for green technology and encourage businesses and households to make low-carbon energy-saving choices. “The current average global carbon price of $5 per ton is too low. In order to effectively curb global warming, the average global carbon price should rise from $5 to at least $85 by the end of this decade,” Georgieva said.