There are 75 global carbon pricing instruments in operation, up two from a year ago, covering around 24% of global greenhouse gas emissions. The figure raised in 2023 in carbon revenues was up ...

The figure raised in 2023 in carbon revenues was up from around $95 billion raised in 2022. However, the report said less than 1% of global greenhouse emissions are covered by a direct carbon price at ...

Global carbon pricing schemes raised record $95 ... World Bank. By Susanna Twidale. May 23, 2023 10:59 AM UTC ... governments are prioritising direct carbon pricing policies to reduce emissions.

Despite record investments in renewables and net-zero pledges, global carbon emissions reached an all-time high in 2024 ...

Specifically, the annual Global Carbon Budget projects fossil CO2 emissions of more than 36.8 billion metric tons in 2023, which is a rise of 1.1% from 2022. “We are clearly not going in the ...

Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday. A majority ...

Delegates at the IMO agreed in 2023 to target net-zero sector emissions "by or around" 2050 and set a provision to finalize a basket of mid-term carbon reduction measures in 2025. Calls for a ...

Global carbon emissions from fossil fuels have reached a record high in 2024, ... (CO 2) emissions of 37.4 billion tonnes, up 0.8% from 2023.

The central estimate of the remaining carbon budget for 1.5°C is 130 billion tons of carbon dioxide (CO2) (from the beginning of 2025). This would be exhausted in a little more than three years ...

Global carbon emissions from fossil fuels have reached a record high in 2024, according to new research. Skip to main content. ... (CO 2) emissions of 37.4 billion tonnes, up 0.8% from 2023.