Reflecting the growing momentum for carbon pricing worldwide, the 2016 edition of the State and Trends of Carbon Pricing report targets the wide audience of public and private stakeholders engaged in carbon pricing design and implementation. This report also provides critical input for negotiators involved in implementation of the Paris Agreement at the meeting of the Conference of the Parties (COP) in Marrakesh.
As in the previous editions, the report provides an up-to-date overview of existing and emerging carbon
pricing instruments around the world, including national and subnational initiatives. Furthermore, it gives an
overview of current corporate carbon pricing initiatives.
Another key focus of the report is on the importance of aligning carbon pricing with the broader policy
landscape. The analysis provides lessons for policymakers on how to maximize synergies between climate
mitigation and other related policies, while managing potential tensions and tradeoffs.
This year’s report provides new modelling analysis to demonstrate the crucial benefits that an international
carbon market established under Article 6 of the Paris Agreement could provide in reducing the costs to
countries of achieving their emission reduction targets. An international carbon market could thus enable
greater ambition in taking steps to reduce greenhouse gas emissions to a level consistent with the 2°C
climate stabilisation goal.