Global carbon market value 2023, by key market

Published by Ian Tiseo, May 13, 2024

The European Union's Emissions Trading System (EU ETS) was the world's most valuable carbon market in 2023, with a total worth of 770 billion euros. This accounted for almost 90 percent of the global carbon market value that year. The United Kingdom ETS, which launched in 2021, was the second most valuable market that year.

Carbon market value worldwide in 2023, by key market (in billion euros)

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Release date

February 2024

Region

Worldwide

Survey time period

2023

Supplementary notes

($1 = 0.9286 euros) ($1 = 7.1929 Chinese yuan renminbi).

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