The global direct carbon price averaged **** U.S. dollars per metric ton of carbon dioxide equivalent (USD/tCO₂e) in 2023. For carbon pricing mechanisms to limit global warming to at least *** degrees Celsius above pre-industrial levels, average carbon prices will need to rise to at least *** USD/tCO₂e by 2030 and at least *** USD/tCO₂e by mid-century.
Weighted average direct carbon price targets worldwide to limit global warming to 1.5 degrees Celsius from 2023 to 2050
(in U.S. dollars per metric ton of CO₂ equivalent)
Data was calculated by taking the weighted average of prices based on the percent of global greenhouse gas (GHG) emissions covered by each carbon price for each year. Data includes regional and subnational carbon prices, some of which overlap with national systems. For these overlaps, emissions are attributed to the carbon pricing initiative that was introduced first.
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Systems Change Lab. (December 24, 2024). Weighted average direct carbon price targets worldwide to limit global warming to 1.5 degrees Celsius from 2023 to 2050 (in U.S. dollars per metric ton of CO₂ equivalent) [Graph]. In Statista. Retrieved June 27, 2025, from https://www.statista.com/statistics/1474902/global-average-carbon-prices-targets/
Systems Change Lab. "Weighted average direct carbon price targets worldwide to limit global warming to 1.5 degrees Celsius from 2023 to 2050 (in U.S. dollars per metric ton of CO₂ equivalent)." Chart. December 24, 2024. Statista. Accessed June 27, 2025. https://www.statista.com/statistics/1474902/global-average-carbon-prices-targets/
Systems Change Lab. (2024). Weighted average direct carbon price targets worldwide to limit global warming to 1.5 degrees Celsius from 2023 to 2050 (in U.S. dollars per metric ton of CO₂ equivalent). Statista. Statista Inc.. Accessed: June 27, 2025. https://www.statista.com/statistics/1474902/global-average-carbon-prices-targets/
Systems Change Lab. "Weighted Average Direct Carbon Price Targets Worldwide to Limit Global Warming to 1.5 Degrees Celsius from 2023 to 2050 (in U.S. Dollars per Metric Ton of Co₂ Equivalent)." Statista, Statista Inc., 24 Dec 2024, https://www.statista.com/statistics/1474902/global-average-carbon-prices-targets/
Systems Change Lab, Weighted average direct carbon price targets worldwide to limit global warming to 1.5 degrees Celsius from 2023 to 2050 (in U.S. dollars per metric ton of CO₂ equivalent) Statista, https://www.statista.com/statistics/1474902/global-average-carbon-prices-targets/ (last visited June 27, 2025)
Weighted average direct carbon price targets worldwide to limit global warming to 1.5 degrees Celsius from 2023 to 2050 (in U.S. dollars per metric ton of CO₂ equivalent) [Graph], Systems Change Lab, December 24, 2024. [Online]. Available: https://www.statista.com/statistics/1474902/global-average-carbon-prices-targets/
