The OECD and the Coalition of Finance Ministers for Climate Action held a virtual workshop on The Political Economy of Carbon Pricing Post Covid-19’, organised in co-operation with IMF and World Bank. This event occurred on 22 June, 8-10 am EDT/2-4 pm CEST and 23 June, 6.30am-12pm EDT/12.30-6 pm CEST.

This workshop supported the Action Plan under the Coalition’s Helsinki Principle 3, which is to work towards measures that result in effective carbon pricing. Following the first workshop under Principle 3 on carbon taxation held in Sweden in September 2019, this second workshop under Principle 3 focused on the political economy of carbon pricing reform in the current policy context.

Speakers included recognised technical specialists, economic and tax policy experts, and policymakers, to ensure a discussion that is anchored in the economic and political realities that shape the present climate and carbon pricing debate. The objective was to go beyond principles and identify concrete options for meaningful reform in the challenging economic situation during and after Covid-19.