Global revenues from carbon taxes and Emissions Trading Systems (ETS) reached a high of 104 billion U.S. dollars in 2023. EU-ETS revenues accounted for almost half of this total. ETS now account for the largest share of global carbon pricing revenues, having surpassed carbon tax revenues in recent years.
Total annual revenues from carbon taxes and Emission Trading Systems (ETS) worldwide from 2006 to 2023
(in billion U.S. dollars)
The revenue raised by governments from carbon pricing initiatives was derived from official government accounts and budgets. Where data was unavailable for a certain year, the revenues have been extrapolated based on the carbon price rate. Where data from official government budgets was completely unavailable, the revenues have been estimated by multiplying the GHG emissions covered with the nominal carbon price on April 1 of that year. Due to the dynamic approach to continuously improve data quality and fluctuating exchange rates, data of different years may not always be comparable and could be amended following new information from official government sources. In addition, data for a limited number of initiatives may be incomplete as they are in the process of being validated and will be updated following confirmation from official government sources.
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World Bank. (May 21, 2024). Total annual revenues from carbon taxes and Emission Trading Systems (ETS) worldwide from 2006 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1399737/carbon-pricing-revenue-worldwide/
World Bank. "Total annual revenues from carbon taxes and Emission Trading Systems (ETS) worldwide from 2006 to 2023 (in billion U.S. dollars)." Chart. May 21, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1399737/carbon-pricing-revenue-worldwide/
World Bank. (2024). Total annual revenues from carbon taxes and Emission Trading Systems (ETS) worldwide from 2006 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1399737/carbon-pricing-revenue-worldwide/
World Bank. "Total Annual Revenues from Carbon Taxes and Emission Trading Systems (Ets) Worldwide from 2006 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 May 2024, https://www.statista.com/statistics/1399737/carbon-pricing-revenue-worldwide/
World Bank, Total annual revenues from carbon taxes and Emission Trading Systems (ETS) worldwide from 2006 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1399737/carbon-pricing-revenue-worldwide/ (last visited November 21, 2024)
Total annual revenues from carbon taxes and Emission Trading Systems (ETS) worldwide from 2006 to 2023 (in billion U.S. dollars) [Graph], World Bank, May 21, 2024. [Online]. Available: https://www.statista.com/statistics/1399737/carbon-pricing-revenue-worldwide/