Navigant assisted World Bank with updates on country-level carbon pricing initiatives
More countries are taking advantage of carbon pricing initiatives to effectively reduce greenhouse gas emissions worldwide. To monitor and deliver up-to-date information on these developments, The World Bank and Navigant, with support from CPLC, ICAP, and PMR, recently updated the Carbon Pricing Dashboard.
The Carbon Pricing Dashboard is an online interactive platform that details existing and emerging carbon pricing initiatives around the world. Originally created in May 2017, the most recent dashboard has been updated to account for the latest global climate initiative developments.
Long Lam, managing consultant for Navigant, said, “The main addition [to the dashboard] is Canada, which has adopted its carbon pricing legislation for the federal carbon pricing backstop in June 2018, bringing the total national jurisdictions with carbon pricing to 46 (was 45) and carbon pricing initiatives implemented or scheduled for implementation to 53 (was 51).”
Dashboard users can navigate key statistics and information on carbon initiatives scheduled or already implemented using its interactive interface. It builds on information from the State and Trends of Carbon Pricing report prepared by the World Bank, with support from Navigant.