Carbon pricing revenues exceed $100bn in 2024
The World Bank’s State and Trends of Carbon Pricing 2025 report shows global carbon pricing revenues surpassed US$100 billion in 2024, with over 50 per cent allocated to environmental, infrastructure, and development projects. This marks a threefold increase in revenue over the past decade and underscores carbon pricing’s fiscal and climate relevance. As of 2025, 80 carbon pricing instruments are in effect globally—a net increase of five in the last year. All large middle-income economies…