About the Carbon Pricing Dashboard
The Carbon Pricing Dashboard has been created by the World Bank Group with the help of Ecofys in order to provide up-to-date information on existing and emerging carbon pricing initiatives around the world. It builds on the data and analyses of the annual State and Trends of Carbon Pricing reports.
This analytical initiative, part of the Carbon Pricing Intelligence program, complements other World Bank Group activities to advance well-designed carbon pricing systems around the world:
Since its creation in 2011, the Partnership for Market Readiness (PMR) has been supporting 18 emerging economies with financial and technical assistance to prepare and implement carbon pricing instruments. This assistance includes readiness support, which means that countries assess various options for pricing carbon, such as a carbon tax, an ETS, or other measures. Under the PMR, over 30 countries—13 of which are participants with carbon pricing mechanisms already in place, such as the EU ETS—meet regularly and share lessons learned and suggestions for countries that are deciding which approach best fits their circumstances.
- The Carbon Pricing Leadership Coalition(CPLC) was launched at COP21 to provide a platform to expand the collaboration between governments, businesses, and nongovernmental organizations (NGOs) worldwide and broaden the scope and place of effective carbon pricing. The 27 governments and over 120 businesses and 50 NGOs that have joined the Carbon Pricing Leadership Coalition are creating a space for high-level political dialogue as well as sharing evidence for successful carbon pricing, mobilizing progressive businesses to support good policy, and facilitating conversations on global, regional, and national levels on how to put in place successful pricing policies, despite the obstacles. Its ultimate goal is of putting in place effective carbon pricing policies that maintain competitiveness, create jobs, encourage innovation, and deliver meaningful emissions reductions.
- Networked Carbon Markets (NCM) initiative is an innovation platform which was established in 2015 to collaboratively develop post-2020 services and institutional frameworks to enhance the transparency, comparability and potential fungibility of bottom-up mitigation actions. The end-goal is to enhance countries’ climate ambition and deliver climate finance efficiently through the development of liquid, scalable and internationally connected climate markets. For example, NCM and its partners have developed the Mitigation Action Assessment Protocol (MAAP) online interface to provide a user-friendly and secure platform to help decision makers select, design and/or implement heterogeneous mitigation actions from different sectors and countries. The MAAP aims to support the development of more robust actions and track progress towards emission reduction targets. Its end-goal is to promote international cooperation through linking and finance in the new Paris Regime by enhancing the transparency and comparability of mitigation outcomes that are generated from bottom-up actions.
The CF Assist Program was launched in 2005 to support capacity building and technical assistance for carbon markets, and has since evolved into a comprehensive program to help developing countries that seek assistance on improving policies and initiatives to combat climate change. It helps countries have enhanced access to state-of-the-art knowledge, tools and technical assistance for their transition to low-carbon economies while taking advantage of a new generation of climate financing instruments, markets and policy initiatives. The CF-Assist Program is also in charge of organizing the Innovate4Climate conference, a new global dialogue of government, multilateral, business, banking and finance leaders focused on shaping the next generation of climate finance and policy instruments.
This Dashboard is regularly updated with verified information on a regular basis, but please do not hesitate to contact us if you have any questions.