Direct Carbon Pricing Covers Nearly One Third of Global Emissions This page in:English Français العربية 中文 Español © 2026 World Bank Group,

Direct Carbon Pricing Covers Nearly One Third of Global Emissions Carbon pricing raises over $107 billion in government revenue WASHINGTON, May 19, 2026—Carbon pricing revenues have tripled over the past decade—rising from below $30 billion in 2016 to mobilizing more than $107 billion for public budgets in 2025, according to a World Bank Group report released today. The annual report, State and Trends of Carbon Pricing 2026, finds that there are now 87 carbon pricing policies globally, increasing by seven since last year. The report shows that all large middle-income economies have now either implemented or are planning direct carbon pricing instruments, with the most significant developments in the past year in India and Viet Nam. The report also shows that direct carbon prices have grown 7% since last year’s edition and have doubled over the last decade. The average carbon price is now nearly $21/tCO2e. https://www.worldbank.org/en/news/press-release/2026/05/19/direct-carbon-pricing-covers-nearly-one-third-of-global-emissions © 2026 World Bank Group,