International organizations urge action, cooperation on climate change

The World Trade Organization, the World Bank and other top international organizations on Thursday released a joint report urging governments to take further action to combat climate change and to cooperate multilaterally when doing so, especially on the issue of carbon pricing. The report, “ Working Together for Better Climate Action : Carbon Pricing, Policy Spillovers, and Global Climate Goals,” is particularly focused on carbon pricing, touting the “important role” of such measures and setting out a “common understanding of...