you are currently viewing::Global Carbon Pricing Mobilizes Over $100 Billion for Public BudgetsJune 10, 2025--Over one quarter of global greenhouse gas emissions are covered by carbon pricing
The report-State and Trends of Carbon Pricing 2025-notes that there are now 80 carbon pricing instruments in operation worldwide, a net increase of five over the past year. The report shows that all large middle-income economies have now either implemented or are considering direct carbon pricing, with emissions trading systems (ETSs) accounting for most of the new and planned instruments. Source: worldbank.org |
September 9, 2025-Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability
Technology is poised to shake up the international monetary and financial system. How that happens depends on whether technologies are shaped by the public sector or the private sector sets standards first. Also at play are regulations, international cooperation, and the resilience of new technologies to cyber risk.
August 28, 2025--Scientists say 'shocking' discovery shows rapid cuts in carbon emissions are needed to avoid catastrophic fallout
The collapse of a critical Atlantic current can no longer be considered a low-likelihood event,a study has concluded,making deep cuts to fossil fuel emissions even more urgent to avoid the catastrophic impact.
August 6, 2025--The energy transition has turbocharged the global demand for minerals.
The Southern Africa region holds nearly a third of the world's critical mineral reserves.
August 4, 2025--The 8 billion tons of plastic waste that have amassed on Earth pose a grave and growing danger to human health, according to a new report published in the leading medical journal The Lancet. Ahead of a U.N. conference on plastic pollution, authors warn that countries urgently need to cut production.
August 2, 2025--At a recent gathering of the G7 conference goers were told the future of economic growth depends on optimizing ‘brain capital,' a term that encompasses brain health and cognitive, emotional, and social skills.
The brain economy, the idea that communities, societies, and countries contribute to economic growth and stability through their collective brainpower, is the New New Thing and in the coming months governments and companies are likely to hear a lot more about it.
July 31, 2025--The updated System of National Accounts better captures digitalization, intangible assets, and global production-helping governments support growth, jobs, and investment
The cornerstones of our digital world-from smartphone apps to new digital assets and artificial intelligence tools-didn't exist back in 2008, the last time the world's statistical community overhauled its approach to standardizing how countries measure the economy.
July 29, 2025--Key Takeaways
Luxembourg's immense GDP per capita ($141K) masks the fact that much of it is generated by non-residents who commute in to work.
Qatar's oil windfall lifts GDP per capita ($72K) but that hasn't translated into broader wealth.
English-speaking countries translate middling GDP per capita into high median wealth through property ownership and strong pension systems.
July 28, 2025--As digital technologies become the rails upon which money moves, the resilience and credibility of currency networks increasingly hinge on the integrity of technological infrastructure. This fundamentally changes the logic of monetary competition, with far-reaching implications for financial and geopolitical stability.
July 25, 2025--Abstract
Changes in terrestrial water storage (TWS) are a critical indicator of freshwater availability. We use NASA GRACE/GRACE-FO data to show that the continents have undergone unprecedented TWS loss since 2002. Areas experiencing drying increased by twice the size of California annually, creating "mega-drying" regions across the Northern Hemisphere.
While most of the world's dry/wet areas continue to get drier/wetter, dry areas are now drying faster than wet areas are wetting.
July 22, 2025--Forward-looking indicator results and methods using climate scenarios
Abstract
Understanding how climate-related hazards will evolve due to climate change is crucial to guide adaptation decisions. Building on OECD indicators monitoring historical exposure to climate-related hazards, this paper develops forward-looking indicators to monitor exposure of people and agriculture (cropland and livestock) to three major climate-related hazard types (extreme temperature, extreme precipitation, and drought).