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World carbon pricing database: sources and methods.

Geoffroy Dolphin1, Qinrui Xiahou2

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The World Carbon Pricing Database (WCPD) offers a comprehensive record of global carbon pricing mechanisms from 1990-2020. This harmonized dataset aids climate policy analysis and integration with other climate-related data.

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Area of Science:

  • Environmental Economics
  • Climate Policy
  • Data Science

Background:

  • Carbon pricing is a key climate mitigation strategy.
  • Global implementation of carbon pricing mechanisms varies significantly.
  • Harmonized data is crucial for effective policy analysis.

Purpose of the Study:

  • To describe the construction of the World Carbon Pricing Database (WCPD).
  • To provide a harmonized record of carbon pricing mechanisms globally.
  • To facilitate integration with other climate datasets.

Main Methods:

  • Data collection from national and subnational sources.
  • Harmonization of sectoral coverage and prices.
  • Adherence to the IPCC 2006 sectoral disaggregation framework.

Main Results:

  • The WCPD covers carbon pricing mechanisms worldwide from 1990-2020.
  • The database provides detailed sectoral coverage and price information.
  • The dataset is structured for easy integration with IPCC-aligned data.

Conclusions:

  • The WCPD is a valuable resource for researchers and policymakers.
  • Standardized carbon pricing data enhances climate change mitigation analysis.
  • The database supports comparative studies of carbon pricing effectiveness.