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      Question

      According to the World Bank's carbon pricing report, the

      average global direct carbon price in 2026 is nearly:
      A USD 10 per tCO2e Correct Answer Incorrect Answer
      B USD 15 per tCO2e Correct Answer Incorrect Answer
      C USD 18 per tCO2e Correct Answer Incorrect Answer
      D USD 21 per tCO2e Correct Answer Incorrect Answer
      E USD 25 per tCO2e Correct Answer Incorrect Answer

      Solution

      The report highlighted that global direct carbon prices have nearly doubled over the last 10 years from USD 10 per tCO2e in 2016 to nearly USD 21 per tCO2e in 2026. Annual revenues from emissions trading systems and carbon taxes have tripled over the last decade from less than USD 30 billion in 2016 to over USD 107 billion in 2025.

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