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 |
July 20, 2025--Key Takeaways
European nations currently lead as countries with the most people aged 65+, but their increases through the century are projected to be slower and less extreme.
On the other hand, China is projected to move from outside the top ranks in 2025 to the world's 3rd most senior-heavy population by 2100.
July 18, 2025-New report estimates wasted gas amounts to Africa’s annual gas consumption
Global gas flaring surged for a second year in a row, wasting about $63 billion in lost energy and setting back efforts to manage emissions and boost energy security and access.
Flaring, the practice of burning natural gas during oil extraction, reached 151 billion cubic meters (bcm) in 2024, up 3 bcm from the previous year and the highest level in almost two decades.
June 30, 2025--Human activities, particularly the emissions of greenhouse gases (GHGs), are disrupting the earth-atmosphere system by enhancing the natural greenhouse effect. This leads to rising temperatures and broader climate disruption. Changes in land use and forestry practices also influence the balance of GHGs, as they affect the capacity of carbon sinks to capture or release emissions.
June 24, 2025-Cities across Europe and Central Asia (ECA) have experienced a sharp and consistent rise in temperatures in recent decades, which is projected to triple the already tens of thousands of heat-related deaths and decrease annual GDP by an estimated 2.5 percent by 2050, according to a new report by the World Bank and the Global Facility for Disaster Reduction and Recovery released today.
June 18, 2025--The World Economic Forum 2025 Energy Transition Index shows the fastest progress since pre-COVID-19, with 65% of countries improving and 28% advancing across all core dimensions-security, sustainability and equity.
Sweden, Finland, Denmark, Norway and Switzerland top the Index, driven by strong policy commitment, infrastructure and clean energy diversification.
Emerging Europe posted the biggest gains while Emerging Asia outpaced the global average.
June 17, 2025-Increasing women's workforce participation could boost GDP per capita by over 20 percent across Pacific countries, shows World Bank report
Economic growth is slowing across the Pacific as countries face weak global growth, natural hazards and climate related shocks.