Apr 11, 2024
France and Canada Lead in Global Carbon Tax Revenue
What we’re showing?
Top 15 countries by carbon tax revenue in 2022. The data is from the World Bank’s State and Trends of Carbon Pricing Report, published in April 2023.
Carbon pricing
Carbon taxes impose a fee on carbon emissions. They are designed to discourage carbon emissions by increasing the cost of carbon-intensive activities and incentivizing the adoption of cleaner energy alternatives.
France and Canada lead in global carbon tax revenue, accounting for over half.
The total carbon tax revenue in Canada includes both national and provincial taxes.
In 2022, the top 15 countries generated approximately $30 billion in revenue from carbon taxes.