The article "Assessing the Role of Carbon Pricing in Global Climate Change Mitigation Strategies" by Wags Numoipiri Digitemie and Ifeanyi Onyedika Ekemezie explores the significance of carbon pricing in addressing global climate change. Carbon pricing, including carbon taxes and emissions trading systems (ETS), is a crucial policy tool that internalizes the costs of carbon emissions and incentivizes emission reductions. The review highlights the effectiveness of well-designed carbon pricing policies in reducing emissions, promoting innovation, and fostering a transition to a low-carbon economy. However, it also addresses challenges such as equity concerns, competitiveness issues, and the need for international cooperation. The article emphasizes the importance of addressing these challenges through targeted measures, international collaboration, and complementary policies. It concludes that carbon pricing plays a vital role in global climate change mitigation strategies, but its effectiveness depends on careful design, implementation, and support from various stakeholders.The article "Assessing the Role of Carbon Pricing in Global Climate Change Mitigation Strategies" by Wags Numoipiri Digitemie and Ifeanyi Onyedika Ekemezie explores the significance of carbon pricing in addressing global climate change. Carbon pricing, including carbon taxes and emissions trading systems (ETS), is a crucial policy tool that internalizes the costs of carbon emissions and incentivizes emission reductions. The review highlights the effectiveness of well-designed carbon pricing policies in reducing emissions, promoting innovation, and fostering a transition to a low-carbon economy. However, it also addresses challenges such as equity concerns, competitiveness issues, and the need for international cooperation. The article emphasizes the importance of addressing these challenges through targeted measures, international collaboration, and complementary policies. It concludes that carbon pricing plays a vital role in global climate change mitigation strategies, but its effectiveness depends on careful design, implementation, and support from various stakeholders.