Global Carbon Pricing Surpasses $100 Billion, Expands Emissions Coverage to 28%
Carbon pricing revenues reached a record $104 billion in 2024, marking a significant milestone in global climate policy, according to the World Bank’s State and Trends of Carbon Pricing 2024 report. Over half of the revenue was allocated to environmental, infrastructure, and development projects, reinforcing a growing commitment to climate-aligned public spending. Expansion of Carbon […]
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