The World Bank Carbon Pricing Dashboard is an interactive online platform that provides up-to-date information on existing and emerging carbon pricing initiatives around the world. Carbon pricing is an instrument that captures the external costs of greenhouse gas (GHG) emissions and ties them to their sources through a price, usually in the form of a price on the carbon dioxide (CO2) emitted.
The European Union’s Emissions Trading System (EU ETS) has experienced significant fluctuations in the carbon prices over the years. As of February 2023, the price of carbon in the EU ETS has exceeded 100 euros per metric ton of CO2. That’s a significant increase from just a few years ago when the price was around only 10 euros per ton.
