The data indicates that China and India lead in climate change-related tax revenue share, highlighting their significant contributions to global efforts. The United States also shows substantial figures, though with marginal year-on-year growth. Meanwhile, Japan and the United Kingdom display slight declines, implying shifts in their environmental strategies. Notable growth is seen in emerging markets like Vietnam and Bulgaria, suggesting increasing environmental tax initiatives. Conversely, Switzerland and Malaysia experience negative trends, possibly due to policy changes. Over the last five years, countries like Guyana, Jamaica, and Namibia have seen considerable positive growth in tax revenue, indicating evolving environmental awareness.
Looking forward, future trends to watch include escalating growth in nations like Vietnam, Belize, and Singapore, driven by proactive environmental policies. On the other hand, countries like Japan and United Kingdom might need to recalibrate their strategies to handle declining trends. Emerging economies are expected to play a bigger role in global climate financing as they strengthen their tax frameworks to tackle climate challenges.
Top countries in Climate Change-Related Total Tax Revenue Share by Country (Million US Dollars PPP = 2010)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21.23 | 2023 | +3.44% | +2.82% | View data |
| 2 | 2 India | 16.37 | 2023 | +3.29% | +3.5% | View data |
| 3 | 3 United States | 14.75 | 2023 | +3.96% | +0.69% | View data |
| 4 | 4 Japan | 8.07 | 2023 | -1.15% | -2.01% | View data |
| 5 | 5 United Kingdom | 8 | 2023 | +6.38% | +0.69% | View data |
| 6 | 6 France | 5.91 | 2023 | +3.65% | -0.22% | View data |
| 7 | 7 Mexico | 3.37 | 2023 | +4.03% | View data | |
| 8 | 8 South Africa | 2.37 | 2023 | +1.56% | -0.69% | View data |
| 9 | 9 Australia | 1.69 | 2023 | +0.88% | -0.62% | View data |
| 10 | 10 Greece | 1.58 | 2023 | +3.82% | +1.31% | View data |
