Statement of EDF President Fred Krupp on World Bank’s Carbon Pricing Announcement

“Shared global prosperity requires robust growth in the world economy — without the carbon pollution that has fueled it in the past. To drive this transformation, we need both limits on carbon pollution, and a price on carbon to achieve them as efficiently and as fairly as possible.

“The test of any climate policy is whether it will deliver the ambitious reductions the world needs while spurring the innovation and jobs that can sustain low-carbon economic growth.

“EDF is proud to join this call to action. Let’s get on with the urgent business at hand: turning the corner toward climate stability and a new era of clean, low-carbon prosperity.”

-  Fred Krupp, president of Environmental Defense Fund