The Development of Global Carbon Taxes: Monthly Update
According to a yearly in-depth report from the World Bank in June 2019, 57 countries have committed to implementing or scheduling carbon pricing initiatives, including a carbon tax. So far, 46 national and 28 subnational jurisdictions have adopted carbon pricing to help reduce their greenhouse gas emissions and keep in line with their 2030 objectives and the Paris Agreement. And since last year’s report, 11 more countries have committed to scheduling carbon pricing for implementation.