Carbon Trading Industry Statistics

In this post, we explore key statistics and insights into the carbon trading industry, shedding light on global trends, market values, and the impact of carbon pricing initiatives on emissions reduction efforts worldwide. From the growth of voluntary carbon markets to the implementation of emissions trading systems by various countries, these statistics offer a snapshot of the evolving landscape of carbon trading and its role in addressing climate change challenges.

Statistic 1

"Approximately 40 countries and 20 cities, states, and provinces use carbon pricing to drive down greenhouse gas emissions."

Statistic 2

"In 2020, 64 carbon pricing initiatives globally are estimated to have generated $53 billion in revenue."

Statistic 3

"As of 2020, China's pilot carbon markets have traded a total of over 200 million tonnes of carbon dioxide."

Statistic 4

"Forestry is now the dominant sector in the voluntary carbon markets, accounting for 54.9% of all transactions in 2019."

Statistic 5

"The voluntary offset market transacted 104 million tonnes of CO2e in 2019, a new record."

Statistic 6

"As of 2017, North America accounted for approximately 22% of global carbon trading by volume."

Statistic 7

"International carbon trading could reduce the cost of achieving the Paris Agreement targets by 32%."

Statistic 8

"As of 2020, the price of carbon in the European Union's Emission Trading Scheme hit a new high of €30 per tonne."

Statistic 9

"California's cap and trade program has resulted in a total of approximately 400 million metric tons of carbon dioxide emissions covered annually."

Statistic 10

"The global carbon offset market could be worth $200 billion by 2050."

Statistic 11

"The size of the voluntary carbon markets may need to grow by a factor of 15 times by 2030."

Statistic 12

"As of 2020, South Korea has the second largest emissions trading system in the world."

Statistic 13

"The global planned carbon pricing instruments are expected to reduce 6.2 gigatons of carbon dioxide equivalent (GtCO2e) in 2030."

Statistic 14

"As of 2019, the total value of New Zealand’s emissions trading scheme was NZD $2.4 billion."

Statistic 15

"According to the World Bank, the average carbon price needs to rise to $40-$80 per tonne by 2020 to meet the goals of the Paris Agreement."

Statistic 16

"The United Kingdom plans to set a carbon price floor of £22 ($32) per ton of CO2 in 2021, following its exit from the EU Emissions Trading System."

The statistics presented indicate a growing global commitment to carbon pricing as a key mechanism for reducing greenhouse gas emissions and combating climate change. With a significant number of countries and regions implementing carbon pricing initiatives, generating substantial revenue, and actively participating in carbon trading markets, it is clear that carbon pricing is increasingly recognized as a crucial tool in the fight against climate change. The data also point to the potential for significant growth in the carbon offset market, highlighting the importance of scaling up efforts to achieve ambitious emission reduction targets. As carbon pricing continues to evolve and expand worldwide, it is essential for policymakers, businesses, and other stakeholders to collaborate effectively to maximize the impact of these initiatives and accelerate progress towards a more sustainable future.