(31 Jul 2024) cOAlition S has announced the release of a new pricing framework designed to foster global equity in scholarly publishing.
Developed by Information Power following consultation with the funder, library/consortium, and publisher communities, the framework is introduced to enable discussion, promote greater transparency and inspire publishers and other service providers to implement more equitable pricing across different economies. To support this, the framework provides users with guiding principles, data, information, and tools. The approach is adaptable, allowing publishers to implement changes gradually and in line with their specific circumstances. It can be applied to various pricing models, including article processing charges (APCs), subscriptions, and transformative agreements.
Global differentiated pricing that fosters equity is, according to cOAlition S:
- Part of a broader commitment to equity, inclusion, diversity, and belonging.
- Aligned ideally with a single consistent approach developed in meaningful, open, and transparent consultation with the research community.
- Relative to the context of each country, including income and purchasing power.
- Communicated clearly, easy to understand, and transparent to all.
- Transparently based on independent, open datasets that are regularly updated and that can be accessed, validated, and reused by everyone.
- Based on shared risk. Customers and publishers should share currency risks.
Find out more here.
