ECONOMICS

Reports and Indices
State and Trends of Carbon Pricing 2024
▪ The ‘State and Trends of Carbon Pricing 2024’ report was recently released by the World Bank.
Key Findings
▪ The carbon pricing revenues have crossed the threshold of USD 100 billion for the first time.
▪ The total revenue from carbon taxes in 2022 was about USD 95 billion.
About World Bank:
✓ Established – 1944
✓ Headquarters – Washington
✓ President – Ajay Banga.

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