Governments at national and subnational levels around the world continue to prepare for, and implement, carbon pricing initiatives as a means to curb their emissions while raising revenues, a new World Bank report finds.
More Governments Taking Up Carbon Pricing and Seeing Big Benefits in Revenues: World Bank Report
Launched at the Innovate4Climate conference in Frankfurt, the annual State and Trends of Carbon Pricing 2018 report shows that carbon pricing continues to gain traction. This edition of the report also includes emerging trends as countries negotiate the guidelines of the Paris Agreement, in the run-up to the 24th Conference of the Parties (COP24) to the United Nations Framework Convention on Climate Change (UNFCCC).
The report is launched on May 23, 2018 at the Innovate4Climate (I4C) conference – the World Bank Group’s flagship annual event on climate finance, investment and markets which brings together global business, policy and finance leaders to discuss innovative climate finance solutions.
