Power sector the ‘lynchpin’ to meeting Paris goals in lower-income economies, says World Bank

Published 10:40 on September 12, 2024  /  Last updated at 10:43 on September 12, 2024  / /  Americas, Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

The application of carbon pricing in the power sector will be crucial to meeting climate goals set under the Paris Agreement, however, approaches must be altered to the needs of low- and middle-income countries and the challenges they face, said World Bank’s latest report launched Thursday.
The application of carbon pricing in the power sector will be crucial to meeting climate goals set under the Paris Agreement, however, approaches must be altered to the needs of low- and middle-income countries and the challenges they face, said World Bank’s latest report launched Thursday.


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