Carbon Pricing Watch 2015

Published: 26/05/2015

Carbon Pricing Watch describes the steady progress in carbon pricing that has been made over the last ten years, and highlights positive developments since the beginning of 2014. The publication by the World Bank Group and Ecofys is a preview of the full report “State and Trends of Carbon Pricing 2015” which will be launched later in the year.

In 2015, about 40 national jurisdictions and over 20 cities, states and regions, representing almost a quarter of global greenhouse gas emissions, are putting a price on carbon.  Together, the carbon pricing instruments in these jurisdictions cover about half of their emissions, which translates into approximately 7 GtCO2e, or about 12 percent of annual global greenhouse gas emissions.

The brief also looks at the private sector’s actions to put a price on carbon. It shows that investors are recognizing the key role that carbon pricing can play in business decisions and that increasingly, many in the private sector understand that regulatory certainty makes for better long-term investments.

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Image © 2015 The World Bank Group, All Rights Reserved

Please also see the full report "States & Trends of Carbon Pricing 2015".

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Noémie Klein
Climate Strategies and Policies
Long Lam
Climate Strategies and Policies