In 2023, the United Kingdom led the European nations in revenue from environmentally related taxes on pollution in the education sector, generating over three times the revenue of Belgium, the second highest earner. Year-on-year variations indicate most countries experienced modest declines or slight increases, with notable exceptions such as Ireland’s significant rise of 35.08% and the UK’s decrease of 13.27%. The 5-year compound annual growth rate (CAGR) would suggest a slow evolution in most countries, with fluctuations driven by economic shifts, policy changes, and environmental considerations.
Future trends to watch include the integration of more comprehensive green policies by governments aimed at increasing environmentally related tax revenue. This could result in more significant shifts in revenue collection, especially if countries aim to meet higher environmental standards or international commitments. Additionally, the rising awareness and integration of sustainability in education may influence how these revenues are generated and utilized.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Education Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 49.03 | 2023 | -17.51% | -13.27% | View data |
| 2 | 2 Belgium | 14.91 | 2023 | +0.042% | +0.58% | View data |
| 3 | 3 Denmark | 14.61 | 2023 | -0.59% | -0.82% | View data |
| 4 | 4 Serbia | 7.84 | 2023 | +3.16% | -1.26% | View data |
| 5 | 5 Italy | 5.11 | 2023 | -15.67% | -12.69% | View data |
| 6 | 6 Portugal | 4.45 | 2023 | +1% | +2.89% | View data |
| 7 | 7 Austria | 1.6 | 2023 | -2.35% | -4.34% | View data |
| 8 | 8 Sweden | 0.67 | 2023 | +6.61% | +5.29% | View data |
| 9 | 9 Bulgaria | 0.42 | 2023 | +5.81% | View data | |
| 10 | 10 Ireland | 0.41 | 2023 | +1.24% | +35.08% | View data |
