Carbon pricing revenues exceeded 107 billion dollars.

World Bank published its “State and Trends of Carbon Pricing 2026” report. The report stated that revenues generated from carbon pricing have tripled over the past decade. While these revenues remained below 30 billion dollars in 2016, they provided more than 107 billion dollars to public budgets by 2025. The number of official carbon pricing mechanisms implemented worldwide increased by 7 compared to the previous year, reaching 87. It was noted that all major middle-income economies have either implemented direct carbon pricing instruments or started planning in this direction, while the most notable developments during the past year took place in India and Vietnam.

According to the report, more than 29 percent of global greenhouse gas emissions are now covered by direct carbon pricing mechanisms. It was projected that this ratio could rise to nearly one-third if the systems currently under development are also implemented in some major developing economies. In carbon credit markets, total carbon credit issuance increased by 8 percent from 2024 to 2025. Although carbon credit prices experienced a limited decline throughout 2025, certain project types continued to be traded at premium prices. These included projects eligible for use by international airlines, as well as highly rated forest conservation and reforestation projects.