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2 min read Carbon market

Governments raised US$107bn in carbon pricing revenue last year

“Carbon pricing can play an important role in allowing countries to determine their own energy mix."
Melodie Michel
Melodie Michel
Governments raised US$107bn in carbon taxes last year
Photo by Anthony Maw on Unsplash

Carbon taxes and emissions trading scheme (ETS) revenue reached US$107 billion in 2025 – having tripled over the last decade.

There are now 87 mandatory carbon pricing policies globally, seven more than in 2024. Together, these cover just over 29% of global emissions, according to the latest State and Trends of Carbon Pricing report by the World Bank Group.

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