The data reveals considerable variations in climate change-related tax revenues across countries in 2023, highlighted by Saint Lucia's leadership and Kazakhstan's lowest figures. Countries like Burkina Faso and Colombia exhibit positive year-on-year variations, while economies such as Portugal, Antigua and Barbuda, and the Bahamas face declines. Notably, Singapore, Mauritania, and Mongolia have shown significant positive growth, suggesting rising contributions to climate-related finances. Conversely, economies like Ecuador and Botswana reflect marked decreases, suggesting reduced engagement or policy impact.
Future trends may focus on increasing commitments to carbon reduction strategies, reflecting in more countries adopting green taxation mechanisms. Observing shifts in policy and economic priorities will be critical as countries navigate climate imperatives while balancing fiscal responsibilities.
Top countries in Climate Change-Related Total Tax Revenue by Country
| # | 10 Countries | Percent of Environmental Tax Revenue | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saint Lucia | 100 | 2021 | 0% | 0% | View data |
| 2 | 2 Burkina Faso | 99.99 | 2023 | 0% | -0.002% | View data |
| 3 | 3 New Zealand | 98.97 | 2023 | -0.04% | -0.036% | View data |
| 4 | 4 Mexico | 98.93 | 2023 | -0.04% | +0.0061% | View data |
| 5 | 5 Portugal | 98.9 | 2023 | +0.01% | -0.036% | View data |
| 6 | 6 Nicaragua | 98.88 | 2023 | -0.02% | -0.0061% | View data |
| 7 | 7 Eswatini (Swaziland) | 98.8 | 2023 | |||
| 8 | 8 India | 98.73 | 2023 | +0.35% | +0.36% | View data |
| 9 | 9 Bulgaria | 98.6 | 2023 | -0.01% | +0.16% | View data |
| 10 | 10 Colombia | 97.57 | 2023 | -0.082% | +1.75% | View data |
