Publication: Carbon Pricing Watch 2017
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2017-05-22
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2017-05-09
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The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. There is a continued momentum for carbon pricing. As of 2017, over 40 national and 25 subnational jurisdictions representing almost a quarter of global greenhouse gas emissions are putting a price on carbon. Over the past decade the number of jurisdictions with carbon pricing initiatives have doubled. On average, carbon pricing initiatives cover about half of the emissions in these jurisdictions, which translates to a total coverage of about 8 Gigatons of carbon dioxide or about 15% of global emissions (a fourfold increase over the past decade).
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“World Bank; Ecofys. 2017. Carbon Pricing Watch 2017. © World Bank. http://hdl.handle.net/10986/26565 License: CC BY 3.0 IGO.”
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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 2014(Washington, DC: World Bank, 2014-05-28)This report follows the evolution of carbon pricing around the world. Last year's report mapped the main carbon pricing initiatives. This year the report presents the status of each of these developing initiatives and explores the emerging trends of carbon pricing. The focus is on the recent highlights from around the world and on key lessons that can be drawn from the growing experience. 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The next challenge will be to create a product that is greater than the sum of its parts by converting fragmented initiatives into internationally integrated carbon pricing approaches.
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Key topics covered in the 2023 report include how governments have responded to the global energy crisis, uptake of ETSs and carbon taxes in emerging economies, and progress in carbon markets and supporting frameworks, including implementation of Article 6 of the Paris Agreement.Publication State and Trends of Carbon Pricing 2020(Washington, DC: World Bank, 2020-05-27)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. Specifically, this includes the use of carbon taxes, emissions trading systems and crediting mechanisms. International cooperation on carbon pricing and the status of work surrounding Article 6 of the Paris Agreement is also canvassed.