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International Sustainability Environment

Carbon market measures could raise over $3trn, says World Bank

Setting aside funds to help developing countries is better than exempting them from paying, which would create perverse incentives

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A World Bank report found market-based measures to tax or cap shipping emissions could raise $1trn to $3.7trn by 2050. But deciding who and what to spend it on is as politically thorny as ever

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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