Publication: State and Trends of Carbon Pricing: International Carbon Markets 2024
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2024-09-09
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2024-08-27
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Well-designed, high integrity carbon markets can play a pivotal role in financing climate action in developing countries. However, several critical bottlenecks impede the growth of these markets. The 2024 State and Trends of International Carbon Markets report evaluates the progress made in addressing these bottlenecks, highlights the urgency of these issues, and proposes recommendations to ensure that carbon markets reach their full potential.
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“World Bank. 2024. State and Trends of Carbon Pricing: International Carbon Markets 2024. © World Bank. http://hdl.handle.net/10986/42094 License: CC BY-NC 3.0 IGO.”
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This report aims to supplement the annual State and Trends report and contribute to the global effort to promote market transparency and trust by providing digestible insights into the state of play of international carbon markets.Publication State and Trends of Carbon Pricing 2017(Washington, DC: World Bank, 2017-11)Reflecting the growing momentum for carbon pricing worldwide, the 2017 edition of the State and Trends of Carbon Pricing targets the wide audience of public and private stakeholders engaged in carbon pricing design and implementation. This report also provides critical input for negotiators involved in the implementation of the Paris Agreement, particularly for the meeting of the Conference of the Parties (COP} 23 to be held in Bonn in November 2017. As in the previous editions, the report provides an up-to-date overview of existing and emerging carbon pricing initiatives around the world, including national and subnational initiatives. Furthermore, it gives an overview of current corporate carbon pricing initiatives. Another key focus of the report is on the importance of an integrated approach to climate finance and climate markets, together with domestic policies. The analysis shows how such an integrated approach can be used to mobilize the scale of low-carbon investments needed to achieve the below 2°C temperature target and outlines a transition scenario and the possible role of results-based climate financing to catalyze climate markets.Publication State and Trends of Carbon Pricing 2019(Washington, DC: World Bank, 2019-06-06)This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including international, national and subnational initiatives. It also investigates trends surrounding the development and implementation of carbon pricing instruments and how they could accelerate the delivery of long-term mitigation goals. This edition also discusses the relation between policies that put an explicit price on carbon and policies that put an implicit price on carbon.
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