Carbon pricing instruments covered almost 13 billion metric tons of carbon dioxide equivalent as of April 2024, representing around 24 percent of global GHG emissions. The share of global GHG emissions covered by carbon pricing mechanisms, like carbon taxes and emissions trading systems, has increased considerably since 2005, the year the EU ETS became the world's first major carbon market. As of 2024, there were 75 carbon pricing mechanisms in operation worldwide.
Share of annual greenhouse gas emissions worldwide covered by carbon pricing instruments from 2005 to 2024
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World Bank. (May 21, 2024). Share of annual greenhouse gas emissions worldwide covered by carbon pricing instruments from 2005 to 2024 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1327043/global-ghg-emissions-covered-by-carbon-instruments/
World Bank. "Share of annual greenhouse gas emissions worldwide covered by carbon pricing instruments from 2005 to 2024." Chart. May 21, 2024. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1327043/global-ghg-emissions-covered-by-carbon-instruments/
World Bank. (2024). Share of annual greenhouse gas emissions worldwide covered by carbon pricing instruments from 2005 to 2024. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1327043/global-ghg-emissions-covered-by-carbon-instruments/
World Bank. "Share of Annual Greenhouse Gas Emissions Worldwide Covered by Carbon Pricing Instruments from 2005 to 2024." Statista, Statista Inc., 21 May 2024, https://www.statista.com/statistics/1327043/global-ghg-emissions-covered-by-carbon-instruments/
World Bank, Share of annual greenhouse gas emissions worldwide covered by carbon pricing instruments from 2005 to 2024 Statista, https://www.statista.com/statistics/1327043/global-ghg-emissions-covered-by-carbon-instruments/ (last visited July 23, 2024)
Share of annual greenhouse gas emissions worldwide covered by carbon pricing instruments from 2005 to 2024 [Graph], World Bank, May 21, 2024. [Online]. Available: https://www.statista.com/statistics/1327043/global-ghg-emissions-covered-by-carbon-instruments/