State and Trends of Carbon Pricing 2025
State and Trends of Carbon Pricing 2025.The report is published by The World Bank.
It provides an up-to-date overview of existing and emerging carbon pricing instruments around the world,
the report includes the use of carbon taxes, emissions trading systems, and crediting mechanisms
Here are some additional insights from the report:
● There are 80 carbon taxes and emissions trading systems (ETSs) in operation
worldwide—a net increase of five over the
last 12 months.
● The economies that have implemented either a carbon tax or an ETS make up almost two-thirds of global gross domestic product
● Over half of global emissions from the power sector and almost half of the industry sector face a direct carbon price.
● Carbon revenue in 2024 was lower than
2023, largely due to lower prices in large
ETSs, such as the EU and the UK, but it was over three times higher than a decade ago,in real terms.
Carbon pricing is a cost-effective way to reduce emissions and meet international climate goals.
It is also a tool that can be used to raise revenue, drive innovation, and support a variety of policy objectives.
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