State and trends of carbon pricing
The global economy is slowing amid a sharp escalation of trade tensions and a highly uncertain global policy environment. Earlier expectations of stabilization in global economic activity in 2025 following years of overlapping shocks have been derailed by heightened policy uncertainty, financial market
volatility, and large shifts in the international trade policy environment. As noted in the World Bank’s Global Economic Prospects report, global growth is projected to slow this year to 2.3%, remaining well below the pre-pandemic 10-year average of 3.1%.
This subdued outlook is driven by increased trade barriers, elevated uncertainty, and deteriorating confidence. At the same time, rising global public debt, expected to approach 100% of global gross domestic product (GDP) by 2030, continues to strain economies, contributing to financial instability.
Climate change places further pressure on economic and development outcomes. More frequent and severe extreme weather events are damaging infrastructure, driving up the costs of disaster recovery, and disrupting supply chains. These events divert resources from critical areas, such as health, education, and employment, disproportionately affecting low-income communities and economies.
In addition, asymmetrical policy responses create risks for economies. For example, changes to the global policy landscape, the rapid introduction of new technologies, and shifts in consumer and investor preferences are disrupting existing markets and supply chains.
source:
Temukan peta dengan kualitas terbaik untuk gambar peta indonesia lengkap dengan provinsi.
