Ngozi Okonjo-Iweala: Adopting a global carbon price is essential

How will we prevent carbon leakage? The most common approaches towards carbon adjustments have the potential to impact less developed countries negatively. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, argues that a common practice on global carbon pricing is the way forward to ​enable an inclusive transition towards environmentally sustainable global economies.