The State and Trends of Carbon Pricing is a global benchmark series, initiated in 2003, that provides a consistent overview of the evolution of carbon pricing policies and carbon markets worldwide. It is produced annually to support comparability across jurisdictions and over time.
The series examines carbon taxes, emissions trading systems, and carbon crediting mechanisms within a defined and transparent scope. It applies a structured methodology that tracks policy design, legal status, coverage, and market architecture based on publicly available and verified sources.
The purpose of this benchmark is to provide an objective reference point on how carbon pricing instruments are being developed and implemented globally. It does not assess policy effectiveness or provide normative recommendations.
Finance professionals can use this series to inform risk assessment, regulatory analysis, market monitoring, and strategic decision-making related to climate policy exposure, carbon markets, and transition planning.
