State and Trends of Carbon Pricing 2021

This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including international, national and subnational initiatives. 

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An Updated ETS Handbook

A Handbook for ETS Design and Implementation – a second edition that reflects five years of policy development and implementation experience

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Year in Review

Positive developments during the year in the countries that the PMR supports demonstrate that carbon pricing is a key instrument for climate action. Read our latest Annual Report. 

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Stories from the PMR

Representatives from Chile, China and Costa Rica share their experiences with the PMR and how the program has helped their countries scale up mitigation efforts

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A Guide to Ensuring Credibility for Carbon Pricing Instruments

This guidebook aims to help regulators to better understand their options in designing a verification system tailored to their specific needs and circumstances.

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Status of Country Work

© 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.

Program Work

The core work of the PMR is to help countries develop the readiness components – such as GHG baselines, systems for MRV, or offset standards – specific to their mitigation goals. Read More

About The PMR

The Partnership for Market Readiness is at the forefront of facilitating the design and implementation of carbon pricing instruments in over 20 countries. Read More

Carbon Tax

© 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 >>

Emissions Trading System (ETS)

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 >>

Scaled-up Mitigation Programs

© 2015 International Bank for Reconstruction and Development / The World Bank. This map was taken from the State and Trends<br /> 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<br /> PMR website.

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 >> 

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