State and Trends of Carbon Pricing

Since 2013 the World Bank has commissioned Ecofys to map and analyse the global development of carbon pricing initiatives. Ecofys presents this data in the annual “State and Trends of Carbon Pricing” reports and the mid-year “Carbon Pricing Watch” updates – the authoritative reference point for carbon pricing information. The reports are complemented by the new Carbon Pricing Dashboard: an online portal that provides an up-to-date overview of initiatives and allows users to navigate through carbon pricing initiatives with visuals and data.

The 2017 “Carbon Pricing Watch” was launched in May. As in the previous editions, in the second part of the year, the 2017 “State and Trends of Carbon Pricing” report will provide an up-to-date overview of existing and emerging carbon pricing initiatives around the world, including national and subnational instruments. It will cover initiatives that put an explicit price on greenhouse gas emissions, such as emissions trading systems, carbon taxes, offset mechanisms, and results-based finance (RBF), but also corporate carbon pricing. To reflect the plethora of topics being considered in the climate dialogue, the report will also explore a specific topic of interest each year. In 2015, this topic was competitiveness and carbon leakage, and their impact on the development of carbon pricing instruments; in 2016, the alignment of carbon pricing with other climate policies. The 2017 report will explore how developing countries can harness the synergies between carbon pricing and fiscal policies. The report will also build on modelling analysis of cost savings under an international carbon market and outline strategies for the use of climate finance to help build an international carbon market.

The previous reports were respectively launched at Carbon Expo in May 2013 and May 2014, and at the New York Climate week in September 2015. Find a summary of the respective key findings in our presentations from 20132014 or 2015.