Reflecting the growing momentum for carbon pricing worldwide, the 2017 edition of the State and Trends of
Carbon Pricing targets the wide audience of public and private stakeholders engaged in carbon pricing design
and implementation. This report also provides critical input for negotiators involved in the implementation
of the Paris Agreement, particularly for the meeting of the Conference of the Parties (COP} 23 to be held in
Bonn in November 2017.
As in the previous editions, the report provides an up-to-date overview of existing and emerging carbon
pricing initiatives around the world, including national and subnational initiatives. Furthermore, it gives an
overview of current corporate carbon pricing initiatives.
Another key focus of the report is on the importance of an integrated approach to climate finance and climate
markets, together with domestic policies. The analysis shows how such an integrated approach can be used
to mobilize the scale of low-carbon investments needed to achieve the below 2°C temperature target and
outlines a transition scenario and the possible role of results-based climate financing to catalyze climate
markets.