The climate change-related resources tax revenue in China is projected to increase from $32.05 in 2024 to $35.89 by 2028, with year-on-year growth rates of 3% or just below. The compound annual growth rate (CAGR) for the five-year period is approximately 2.9%, indicating a steady upward trend. In 2023, these revenues were approximately $31.18, showing a consistent pattern of growth from that baseline.
Future trends to monitor include the potential impacts of policy shifts on carbon taxation and environmental regulations, increased investments in green technology, and China's commitment toward carbon neutrality by 2060, all of which could accelerate revenue growth from climate-related taxes.
