A recent World Bank report shows that government revenues from direct carbon pricing reached $107 billion in 2025, a significant increase from $30 billion in 2016. There are now 87 carbon pricing policies worldwide, with major growth in middle income economies like India and Vietnam. While the average carbon price is around $21 per ton, these mechanisms only cover about 29 percent of global emissions. The report also notes an 8 percent rise in carbon credit issuances, though prices varied based on project quality and sector demand.
