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Sep 22, 2014

Countries, companies mobilize around carbon pricing ahead of U.N. summit

NEW YORK (Reuters) – The World Bank said Monday that 73 national and 11 regional governments and some 1,000 companies will join forces to push for policies setting a price on carbon emissions to encourage a shift to cleaner energy technologies.

The announcement aims to build momentum for a high-profile UN summit on climate change on Tuesday that Secretary General Ban Ki-moon hopes will mobilize governments and the private sector to make “bold commitments” to address climate change.

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