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State and Trends of Carbon Pricing: International Carbon Markets 2024

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  • World Bank

Abstract

Well-designed, high integrity carbon markets can play a pivotal role in financing climate action in developing countries. However, several critical bottlenecks impede the growth of these markets. The 2024 State and Trends of International Carbon Markets report evaluates the progress made in addressing these bottlenecks, highlights the urgency of these issues, and proposes recommendations to ensure that carbon markets reach their full potential.

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  • World Bank, "undated". "State and Trends of Carbon Pricing: International Carbon Markets 2024," World Bank Publications - Reports 42094, The World Bank Group.
    • Handle: RePEc:wbk:wboper:42094
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    Cited by:

    1. Rafaty, Ryan & Dolphin, Geoffroy & Pretis, Felix, 2025. "Carbon pricing and the elasticity of CO2 emissions," Energy Economics, Elsevier, vol. 144(C).
    2. Christoph Boehringer & Carsten Helm, 2025. "The impact of sector coupling on climate policy regulations," Working Papers V-453-25, University of Oldenburg, Department of Economics, revised Jun 2025.
    3. Hagen Kruse & Franziska Lieselotte Ohnsorge & Gabriel Zenon Tourek & Zoe Leiyu Xie, 2025. "Bridging the Gap : Revenue Mobilization in South Asia," Policy Research Working Paper Series 11104, The World Bank.
    4. Piero Basaglia & Clara Berestycki & Stefano Carattini & Antoine Dechezleprêtre & Tobias Kruse, 2025. "Climate Policy Uncertainty and Firms' and Investors' Behavior," CESifo Working Paper Series 11782, CESifo.
    5. Annelys Machado Schetinger & Hugo Barros Bozelli & João Marcelo Teixeira do Amaral & Carolina Coutinho Mendonça de Souza & Amaro Olimpio Pereira & André Guilherme Peixoto Alves & Emanuel Leonardus van, 2025. "Floating Offshore Wind and Carbon Credits in Brazil: A Case Study on Floating Production, Storage and Offloading Unit Decarbonization," Resources, MDPI, vol. 14(6), pages 1-25, May.
    6. Saleh Alotaibi & Hani Alogaili & Khaled Alawwad & Sulaiman Aljarallah, 2025. "The Environmental and Business Benefits of Implementing the ISO 50001 Energy Management System in Government Buildings: A Case Study of the Saudi Standards, Metrology and Quality Organization (SASO)," Sustainability, MDPI, vol. 17(11), pages 1-26, June.
    7. Bauer, Adam Michael & Hallegatte, Stephane & McIsaac, Florent, 2024. "The Timing versus Allocation Trade-off in Politically Constrained Climate Policies," Policy Research Working Paper Series 10971, The World Bank.

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