In brief
The World Bank reports that carbon pricing now covers nearly 30% of global greenhouse gas emissions and raised over $107 billion for public budgets in 2025.
- All large middle-income economies have implemented, or are planning, direct carbon pricing.
- Carbon credit issuances rose 8% between 2024 and 2025, while prices fell slightly.
- Credits from projects eligible for international airlines, and from highly rated forest conservation and reforestation projects, kept a price premium.
