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 ...

Carbon pricing now covers two-thirds of global GDP, with $104 billion raised and rapid adoption in emerging economies like ...

She added, however, that "the jury is still very much out" when it comes to a global carbon price ... at the IMO agreed in 2023 to target net-zero sector emissions "by or around" 2050 and ...

A solid majority of people in rich countries are in favour of comprehensive climate action which includes payments to poorer countries, a study has found. “There is strong and genuine support ...

Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions ... IMO said the funds raised will be used to ...

The global market for Carbon Credit was valued at US$465.1 Billion in 2023 and is projected to reach ... Energy companies can offset their emissions by purchasing credits linked to clean energy ...

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 ...

Nations are trying to reach an agreement to charge commercial vessels a fee for their emissions in what would effectively be the world’s first global carbon ... to put a price on maritime ...