For the last few years, the World Bank has published the “State and Trends of Carbon Pricing.” Their most recent report was published in May 2020. Every year this report presents the latest developments in carbon pricing around the world. It also investigates trends surrounding the development and implementation of carbon pricing instruments and how they could accelerate the delivery of long-term mitigation goals. Specifically, this includes the use of carbon taxes, emissions trading systems and crediting mechanisms. International cooperation on carbon pricing and the status of work surrounding Article 6 of the Paris Agreement is also canvassed in the latest report. The World Bank has also created a Carbon Pricing Dashboard which shows a map and key statistics on carbon pricing initiatives around the world.
For a decade, the UN Environment Programme (UNEP) Emissions Gap Report has compared where greenhouse gas emissions are heading against where they need to be, and highlighted the best ways to close the gap. The most recent report was published in November 2019 and presents the latest data on the expected gap in 2030 for the 1.5°C and 2°C temperature targets of the Paris Agreement. For the first time, it looks at how large annual cuts would need to be from 2020 to 2030 to stay on track to meet the goals of the Paris Agreement. According to the report, in order to limit the temperature rise to 1.5°C, global emissions must drop rapidly to 25 Gt CO2e by 2030; however, based on current commitments under the Paris Agreement, emissions are on track to be 56 Gt CO2e in 2030, over twice what they should be. A summary of the report can be found here.
The International Carbon Action Partnership (ICAP) is an international forum for governments and public authorities that have implemented or are planning to implement emissions trading systems (ETS). ICAP facilitates cooperation between countries, sub-national jurisdictions and supranational institutions that have established or are actively pursuing carbon markets through mandatory cap-and-trade systems. ICAP’s “Emissions Trading Worldwide: Status Report 2020” looks back at developments in all ETSs across the world over this past year, including key figures, infographics and detailed factsheets on all systems globally. In addition, a series of articles from policymakers and carbon market experts explores the role of carbon pricing in achieving net-zero emissions and the broader set of policies that will be needed in conjunction with it. Their website can be found here.
Echosystem Marketplace, an initiative of the non-profit organization Forest Trends, was initially created to improve transparency and price discovery in the voluntary carbon markets, as there is no centralized system for transacting voluntary carbon credits. Since 2006, their team has distributed annual surveys to its network of project developers, investors, retailers and brokers to collect confidential information about their voluntary carbon offsets transactions. Their “State of the Voluntary Markets” report was last published in December 2019. This report contains a brief timeline of major milestones in carbon markets over the past 30 years and findings from the past 13 years of State of Voluntary Carbon Markets reports. This is followed by a summary of Key Findings from this year’s report.
Our World in Data (OWID) is a scientific online publication that focuses on large global problems such as poverty, disease, hunger, climate change, war, existential risks and inequality. Its mission is to present “research and data to make progress against the world’s largest problems.” The web publication contains interactive data visualizations (charts and maps) on global warming and greenhouse gas emissions.