State and Trends of Carbon Pricing 2014

State and Trends of Carbon Pricing 2014

This report follows the evolution of carbon pricing around the world. Last year's report mapped the main carbon pricing initiatives. This year the report presents the status of each of these developing initiatives and explores the emerging tre...

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Bibliographic Details
Main Authors:	Kossoy, Alexandre, Oppermann, Klaus, Platonova-Oquab, Alexandrina, Suphachalasai, Suphachol, Höhne, Niklas, Klein, Noémie, Gilbert, Alyssa, Lam, Long, Toop, Gemma, Wu, Qian, Hagemann, Markus, Casanova-Allende, Carlos, Li, Lina, Borkent, Bram, Warnecke, Carsten, Wong, Lindee
Format:	Publications & Research
Language:	English en_US
Published:	Washington, DC: World Bank 2014
Subjects:	ABATEMENT COSTS ACID ACID PRODUCTION AIR AIR POLLUTION AIR RESOURCES AIR TRANSPORT ALLOCATION ALLOWANCE ALLOWANCE PRICE ANNUAL EMISSIONS ASSET VALUE AUCTION AVERAGE PRICE CALCULATION CARBON CARBON ALLOWANCES CARBON CAPTURE CARBON CONTENT CARBON CREDIT CARBON DIOXIDE CARBON DIOXIDE EQUIVALENT CARBON EMISSION CARBON LEAKAGE CARBON MARKET CARBON MARKET ANALYST CARBON MARKET DEVELOPMENT CARBON MARKETS CARBON OFFSET CARBON PRICE CARBON PRICES CARBON PRICING CARBON SINKS CARBON TAX CARBON TAXES CARBON TECHNOLOGIES CARBON UNITS CERTIFICATE TRADING CERTIFIED EMISSION REDUCTION CERTIFIED EMISSION REDUCTIONS CH4 CHARCOAL PRODUCTION CLEAN DEVELOPMENT CLEAN DEVELOPMENT MECHANISM CLEAN TECHNOLOGIES CLEAN TECHNOLOGY CLIMATE CLIMATE ACTION CLIMATE CHANGE CLIMATE CHANGE AGREEMENT CLIMATE CHANGE MITIGATION CLIMATE CHANGE POLICIES CLIMATE CHANGE POLICY CLIMATE POLICY CLIMATE PROBLEM CLIMATE STABILIZATION CLIMATE SYSTEMS CO CO2 COAL COLORS COMBATING CLIMATE CHANGE COMBUSTION COMPENSATION SCHEMES CONSERVATION CONSERVATION OF FORESTS CONVERGENCE DAMAGES DIOXIDE CARBON DNA DOMESTIC CARBON DOMESTIC EMISSIONS ECONOMIC CONDITIONS ECONOMIC DECISION MAKING ECONOMIC GROWTH ECONOMIC THEORY ELECTRICITY ELECTRICITY PRICES EMISSION EMISSION FACTORS EMISSION PERMITS EMISSION REDUCTION EMISSION REDUCTION ACTIVITIES EMISSION REDUCTION GOALS EMISSION REDUCTION OPPORTUNITIES EMISSION REDUCTION POTENTIAL EMISSION REDUCTION PROGRAMS EMISSION REDUCTION TARGET EMISSION REDUCTION TARGETS EMISSION REDUCTION UNIT EMISSION REDUCTION UNITS EMISSION REDUCTIONS EMISSION REDUCTIONS PURCHASE AGREEMENT EMISSION TRADING EMISSIONS EMISSIONS ABATEMENT EMISSIONS FROM DEFORESTATION EMISSIONS PRICES EMISSIONS REDUCTION EMISSIONS SCENARIOS ENERGY EFFICIENCY ENERGY PRICES ENERGY TECHNOLOGY ENVIRONMENTAL ASSESSMENT ENVIRONMENTAL BENEFITS ENVIRONMENTAL IMPACT ENVIRONMENTAL INTEGRITY ENVIRONMENTAL PROTECTION ENVIRONMENTAL PROTECTION AGENCY EXTREME EVENTS FINANCIAL SECTOR FOREST FOREST CARBON FOREST CARBON STOCKS FOREST DEGRADATION FOREST LOSS FORESTRY FORESTRY OFFSETS FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL COMBUSTION GHG GLOBAL CLIMATE CHANGE GLOBAL EMISSION GLOBAL EMISSIONS GLOBAL GREENHOUSE GLOBAL GREENHOUSE GAS GREEN TECHNOLOGIES GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GAS REDUCTION GREENHOUSE GASES HUMAN HEALTH INCOME INSTITUTIONAL INVESTORS INTERNATIONAL CARBON MARKETS INTERNATIONAL CLIMATE NEGOTIATIONS INTERNATIONAL CREDITS INTERNATIONAL EMISSIONS INTERNATIONAL ENERGY AGENCY INTERNATIONAL FINANCIAL SUPPORT INTERNATIONAL OFFSET IPCC LAND USE LAND-USE CHANGE LOW-CARBON LOWER PRICES MARKET FAILURES MEMBER STATES METHANE MITIGATION ACTIONS MONETARY FUND N2O NATURAL GAS NEGATIVE IMPACTS NITROUS OXIDE OFFSET CREDITS OFFSET PROJECT OIL PERFLUOROCARBON PETROLEUM PRODUCTS PILOT EMISSIONS POLICY MAKERS PORTFOLIO PRICE OF ALLOWANCES PRICE SIGNAL REGIONAL GREENHOUSE GAS INITIATIVE REGULATORY IMPACT ANALYSIS RENEWABLE ENERGY SF6 SHADOW PRICE SOCIAL COST OF CARBON SPOT MARKET SULFUR SULFUR HEXAFLUORIDE SURPLUS OF ALLOWANCES SUSTAINABLE FOREST SUSTAINABLE FOREST MANAGEMENT TEMPERATURE TRADE SYSTEM TRANSACTION COSTS TROPICAL DEFORESTATION UNEP VOLUNTARY AGREEMENTS VOLUNTARY EMISSION VOLUNTARY EMISSIONS WORLD ENERGY WORLD ENERGY OUTLOOK
Online Access:	http://documents.worldbank.org/curated/en/2014/05/19572833/state-trends-carbon-pricing-2014 http://hdl.handle.net/10986/18415

Description
Summary:	This report follows the evolution of carbon pricing around the world. Last year's report mapped the main carbon pricing initiatives. This year the report presents the status of each of these developing initiatives and explores the emerging trends of carbon pricing. The focus is on the recent highlights from around the world and on key lessons that can be drawn from the growing experience. Despite the difficult ongoing international climate negotiations, there is an increased focus on climate change policy and several economies are planning, implementing or refining domestic mitigation actions. These activities take careful note of past experiences, mirroring successes and dealing with weaknesses. About 40 national and over 20 sub-national jurisdictions are putting a price on carbon. Together these carbon pricing instruments cover almost 6 gigatons of carbon dioxide equivalent (GtCO2e), or about 12 percent of the annual global GHG emissions. Cooperation remains a key feature of success The international market has been struggling for some time. However, the current spate of domestic action has been buoyed by growing cooperation among regional, national and sub-national stakeholders. Piloting and scaling up carbon pricing on an international level and increasing climate finance through market-based mechanisms is an important first step. The next challenge will be to create a product that is greater than the sum of its parts by converting fragmented initiatives into internationally integrated carbon pricing approaches.

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