2026 State and Trends of Carbon Pricing

Nearly one third of global greenhouse gas emissions worldwide are now covered by direct carbon pricing. 

The just-released World Bank Group State and Trends of Carbon Pricing 2026 report provides an up-to-date overview of carbon pricing instruments around the world, carbon credit markets, and global trends emerging.  

Key data:

▶️ Carbon pricing revenues have tripled over the past decade—rising from below $30 billion in 2016 to mobilizing more than $107 billion for public budgets in 2025.

▶️ There are now 87 carbon pricing policies globally, increasing by seven since last year. 

▶️ Direct carbon prices have grown 7% since in the past year and have doubled over the last decade. The average carbon price is now nearly $21/tCO2e.

▶️ If carbon pricing policies under development are fully implemented by 2030, nearly 1/3 of global GHG emissions could be covered by an Emissions Trading System or carbon tax.

▶️ In carbon crediting markets, overall carbon credit issuances rose 8% from 2024 to 2025.