Alexandre KossoyClimate Change Group – World Bank

Share

of glo

bal G

HG

covere

d b

y

carb

on p

ricin

g initia

tives

Starting year2016 2017

South Africa carbon tax

Chile carbon tax

0%

2%

4%

6%

8%

10%

12%

14%

Eight new carbon pricing initiatives implemented since 2016

BC GGIRCA

Australia ERF safeguard

mechanism

Newcomers

Existing initiatives

2

Ontario CaT

Alberta carbon tax

16%

Fujian pilot ETS

Washington CAR

Colombia carbon tax

Massachu-setts ETS

2018

3

Jurisdictions with carbon pricing account of half of the global

economy

Carbon pricing initiatives

currently value US$52 billion

4

Global emissions covered by carbon pricing initiatives

quadrupled in the past decade

Revenues reached over US$20 billion in 2015 and

2016. They may reach over US$100 billion in 2020