The 2025 State and Trends of Carbon Pricing report highlights how governments are leveraging carbon pricing to support fiscal stability, encourage innovation, and attract investment—especially in developing economies. Drawing on compliance instruments (ETSs and carbon taxes) and carbon crediting data, the report offers evidence-based insights into policies and market developments.
The State and Trends of Carbon Pricing series gives perspectives on the growing momentum for carbon pricing worldwide. It targets public and private stakeholders engaged in carbon pricing design and implementation. This report provides an overview of existing and emerging carbon pricing instruments around the world, including regional, national and subnational initiatives. It also investigates trends surrounding the development of these instruments and how they could accelerate to deliver long-term mitigation goals.
