Energy, Climate, New Economic Thinking​

The World Bank Carbon Pricing Dashboard

The carbon pricing initiatives have been classified in ETSs and carbon taxes according to how they operate technically. ETS does not only refer to cap-and-trade systems, but also baseline-and-credit systems such as in British Columbia and baseline-and-offset systems such as in Australia. Carbon pricing has evolved over the years and initiatives do not necessarily follow the two categories in a strict sense. The World Bank