Alexandre Kossoy Climate Change Group World...
4
Alexandre Kossoy Climate Change Group – World Bank
Transcript of Alexandre Kossoy Climate Change Group World...
Alexandre KossoyClimate Change Group – World Bank
Share
of glo
bal G
HG
covere
d b
y
carb
on p
ricin
g initia
tives
Starting year2016 2017
South Africa carbon tax
Chile carbon tax
0%
2%
4%
6%
8%
10%
12%
14%
Eight new carbon pricing initiatives implemented since 2016
BC GGIRCA
Australia ERF safeguard
mechanism
Newcomers
Existing initiatives
2
Ontario CaT
Alberta carbon tax
16%
Fujian pilot ETS
Washington CAR
Colombia carbon tax
Massachu-setts ETS
2018
3
Jurisdictions with carbon pricing account of half of the global
economy
Carbon pricing initiatives
currently value US$52 billion
4
Global emissions covered by carbon pricing initiatives
quadrupled in the past decade
Revenues reached over US$20 billion in 2015 and
2016. They may reach over US$100 billion in 2020