– Countries with a Carbon Tax
– Countries without a Carbon Tax
– No DataA carbon tax is a policy tool that places a direct price on carbon emissions, encouraging reduction efforts across industries. Here’s a summary of countries with a carbon tax implemented in at least one sector:
- Countries with a Carbon Tax: Several countries have adopted a carbon tax as part of their environmental policies, including Argentina, Chile, Colombia, Estonia, Finland, France, Latvia, Mexico, Netherlands, Norway, Poland, Portugal, Singapore, Slovenia, Sweden, and the UK. These nations are leveraging carbon taxes to curb emissions across different sectors of their economies.
- Sub-national Carbon Tax: Canada has implemented carbon taxes at the provincial level, reflecting a decentralized approach where individual provinces regulate emissions based on regional priorities.
- Countries without a Carbon Tax: Many countries, particularly in regions such as Asia, Africa, and parts of Europe, have yet to adopt a carbon tax. This includes countries like Australia, Brazil, China, Germany, India, Saudi Arabia, USA, and others.
This overview underscores the diversity in carbon tax policies worldwide, with some countries taking strong fiscal measures to combat climate change, while others explore alternative or supplementary approaches.
Source: World Bank Group