Forecast: Climate Change-Related Total Tax Revenue in China

In 2023, China’s climate change-related total tax revenue was $106.75 per capita, PPP=2010. The forecasted data indicates steady growth from 2024 to 2028, with values increasing from $108.36 to $114.91. This reflects a gradual annual rise. The year-on-year variations for 2025, 2026, 2027, and 2028 are approximately 1.64%, 1.52%, 1.42%, and 1.32%, respectively. Over the five years, the compound annual growth rate (CAGR) is estimated at 1.54%.

Future trends to watch for:

  • Policy developments affecting climate taxation could impact future revenue.
  • Advancements in renewable energy affecting consumption patterns might influence revenue projections.
  • Economic factors, such as shifts in industrial activity, will play a critical role in tax revenue dynamics.

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