How much does a carbon credit cost?

In current carbon markets, the price of one carbon credit can vary from a few cents per metric ton of CO2 emissions to $15/mtCO2e or even $20/mtCO2e for afforestation or reforestation projects to $100 or even $300/mtCO2e for tech-based removal projects such as CCS.

How does carbon pricing work?

Carbon pricing can also be implemented through emissions trading systems—firms must acquire allowances for each ton of greenhouse gases they emit, with the supply of such permits limited by government. Businesses can buy and sell allowances, thus establishing a price for emissions.

What is a carbon pricing dashboard?

This interactive dashboard provides an up-to-date overview of carbon pricing initiatives around the world, allowing users to navigate through the visuals and data of the State and Trends of Carbon Pricing report series.

What is a carbon credit system?

A carbon credit system, also known as a cap-and-trade system, sets a limit on total direct GHG emissions from specific sectors, while also creating a market where the rights to emit (allowances) are traded.