World Bank2024-08-272024-08-272024-09-09https://hdl.handle.net/10986/42094Well-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.en-USCC BY-NC 3.0 IGOWorld Bank10.1596/42094