Global carbon pricing revenues top a record $100 billion
May 21, 2024 | The World Bank |
The World Bank’s latest "State and Trends of Carbon Pricing 2024" report reveals that global carbon pricing revenues soared to a record $104 billion in 2023. With 75 carbon pricing instruments operational worldwide, over half of this revenue was allocated to funding climate and nature programs. Despite covering 24% of global emissions, up from 7% two decades ago, carbon pricing remains insufficient to meet Paris Agreement goals. The report highlights progress in middle-income countries like Brazil, India, and Turkey, expanding carbon pricing into sectors like aviation and shipping. However, it emphasizes the urgent need for broader and higher carbon pricing to effectively curb emissions and bridge the gap between climate commitments and policy implementation globally.
Viewed Articles
May 21, 2024 | The World Bank | The World Bank’s latest "State and Trends of Carbon Pricing 2024" report reveals that global carbon pricing revenues soared to a record $104 billion in 2023. With 75 ca
Read More
July 31, 2025 | Agroberichten Buitenland (Nieuwsbericht) | Â Livestock waste, which makes up nearly 80% of global agricultural waste, is a major source of water pollution, soil degradation and GHG emis
December 17, 2025 | Food and Agriculture Organization (FAO) |Â FAO announced that the Global Environment Facility (GEF) approved a US$58.8 million package of 8 FAO-led projects spanning Bangladesh, DR
October 22, 2025 | World Bank | The World Bank has launched a major initiative to support Ukraine’s smallholder farmers through conflict recovery and climate pressures, centered on the Partial Credit
November 19, 2025 | CGIAR | 8 countries—Australia, Canada, Japan, New Zealand, Norway, Peru, Saudi Arabia, and the United Kingdom (UK)—announced support for RAIZ (The Resilient Agriculture Investment
June 25, 2025 | GOV.UK |  The UK hosted the “Nature Action: Mobilising Frameworks and Finance” summit at Lancaster House, bringing together governments, Indigenous leaders, and global business and fin
