The United States leads global climate change-related tax revenues, followed by Germany and Italy. Notable annual growth is seen in countries like Vietnam, Estonia, and Singapore, with increases above 8% in 2023. Declines are observed in Italy and Greece. Over the last five years, robust CAGR is noted for emerging economies like Kenya, Maldives, and Barbados, indicating potential growth areas. Emerging markets are increasingly contributing to global revenues, with notable dynamic increases in tax revenue collection strategies.
Future trends to watch include the expansion of climate-focused regulatory policies in developing countries, technological advancement adoption, and increasing public-private nature-friendly investment initiatives that could reshape global revenue structures.
Top countries in Climate Change-Related Total Tax Revenue by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 121,000 | 2023 | +4.34% | +1.29% | View data |
| 2 | 2 Germany | 68,310 | 2023 | +0.16% | -0.64% | View data |
| 3 | 3 Italy | 66,510 | 2023 | +2.81% | -0.87% | View data |
| 4 | 4 India | 39,280 | 2023 | +3.53% | +3.78% | View data |
| 5 | 5 South Korea | 23,200 | 2023 | +2.7% | -1.08% | View data |
| 6 | 6 Spain | 20,250 | 2023 | +1.52% | +0.16% | View data |
| 7 | 7 Mexico | 17,760 | 2023 | +6.01% | View data | |
| 8 | 8 Australia | 17,410 | 2023 | +1.67% | +1.93% | View data |
| 9 | 9 Canada | 15,620 | 2023 | +4.33% | -0.7% | View data |
| 10 | 10 Brazil | 14,130 | 2023 | +10.43% | +0.9% | View data |
