Do carbon pricing policies work?

A systematic review and meta-analysis of ex-post evidence

Posted: March 2025
Contact: Sarah Khan, Jan Minx

Is carbon pricing effective? Which carbon pricing schemes have reduced emissions, how
much and at what carbon price? This project provides an update of an existing systematic
review and meta-analysis of carbon pricing by Döbbeling-Hildebrandt et al. (2024) and
integrates new evidence from dozens of studies that have emerged since. This is important
as there is evidence on schemes that have not or only scarcely assessed in the past, carbon
prices have increased substantially in other schemes (e.g. EU-ETS) or the design of
schemes have changed institutionally (e.g. Chinese national ETS) or newly emerged. We
hope with this work to support international climate policy assessments as carried out by
institutions like the World Bank, the OECD or the World Bank

Required skills: Sound foundations in econometrics/statistics and policy evaluation