On 20 February 2017, Singapore became the first Southeast Asian nation to announce that it will impose a tax on carbon, starting in 2019 – and the first country globally to announce adoption of a carbon price scheme since the Paris Agreement came into effect in November 2016. Singapore represents the latest in a growing trend. Thirty-six countries currently impose a price on carbon, through either direct taxation or emissions trading schemes. Three other countries, including China, the world's largest emitter, have announced plans to introduce a price on carbon in the next two years. A further 84 have indicated the intention to use carbon pricing to achieve their emissions targets under the Paris Agreement – or at least a willingness to consider its use. Certainly, there will be individual setbacks to wider adoption of carbon pricing in the years ahead, but with sub-national actors and businesses also expressing support for carbon pricing, this trend is only likely to accelerate.