Shaping the Next Generation of Carbon Markets...

The PMR is a forum for collective innovation and action and a fund to support capacity building to scale up climate change & mitigation.

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Emissions Trading System (ETS) is an explicit carbon pricing instrument that limits the allowed amount of GHG emissions and lets market forces determine the carbon price Read More >>

© 2015 International Bank for Reconstruction and Development / The World Bank. This map was taken from the State and Trends of Carbon Pricing report 2014, developed by the World Bank and Ecofys, and published in May 2014. It was modified in March 2015 for the PMR website.

Carbon Tax is levied against a specified amount of carbon dioxide (CO2) emissions. Entities subject to the tax pay according to the amount of emissions produced.  Read More >>

Networking.Jenny Downing/Flickr CC

Scaled-up Mitigation Programs are international policy instruments that generate sector-wide (or sub-sector) credits. These credits can be sold in an international carbon market Read More >>