In the context of India’s 2023 G20 Presidency, this report provides an overview of the experience of carbon pricing across the world. It focuses on the benefits of these instruments, the challenges that impede wider adoption, and the plausible solutions that can lead to the faster uptake of these tools by emerging economies.

Internationally coordinated climate mitigation policies can effectively put the world on a path toward achieving the agreed Paris temperature goals. Such coordination could be initiated by large players, such as China, the US, India, the African Union, and the European Union.

In order to lower the carbon emissions that lead to global warming, Malaysia is considering the deployment of market-based carbon pricing policies such as carbon trading and a carbon tax.

This issue brief aims to highlight consumption-driven emissions inequities among income classes, both within and across nations. It examines a diverse range of developed and developing economies, accounting for approximately 81 per cent of global emissions, 86 per cent of the world's GDP, and 66 per cent of the global population.

This study is grounded in the concept of carbon budgets and determines India’s fair share of the global carbon budget using four budget allocation approaches.

This tool kit offers a step-by-step guide for economies in Asia and the Pacific looking to design, build, and implement emission trading systems (ETS) to help speed up their transition to a greener, more inclusive future.

This paper investigates the potential role and contribution of carbon pricing in transforming emission pathways towards net zero GHG emissions. It reviews carbon pricing’s impacts, overall and in the electricity sector in selected jurisdictions to date. The paper also analyses the current and potential application of emissions pricing (e.g.

This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including international, national and subnational initiatives. It also investigates trends surrounding the development and implementation of carbon pricing instruments and some of the drivers seen over the past year.

This paper estimates the effects of gradually introducing a US$25/ton CO2-equivalent carbon tax in South Asian economies using the Climate Policy Assessment Tool (CPAT).

As the climate is changing, the global economy is adapting. This paper provides a novel method of estimating how much adaptation has taken place historically, how much it has cost, and how much it has reduced the impacts of climate change.