In 2023, climate change-related tax revenues showed disparate trends across countries. The Solomon Islands led with a decline, contrasting with substantial growth in Niger. Kazakhstan and Latvia exhibited sizable changes, while Mexico, the Philippines, the United States, Spain, and Morocco showed zero variation. European countries like Slovakia and Slovenia observed growth, whereas Estonia and Sweden faced declines. Over five years, changes in revenue showcase fluctuating commitment and policy effectiveness across nations.
Future trends to watch include the adoption of diversified green tax policies, technological advancements in carbon capture, and the global consolidation of carbon markets to enhance fiscal outcomes.
Top countries in Climate Change-Related Resources Tax Revenue by Country
| # | 10 Countries | Percent of Tax Revenue | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Solomon Islands | 25.92 | 2023 | +5.32% | -0.22% | View data |
| 2 | 2 Kazakhstan | 3.04 | 2023 | +1.67% | -7.25% | View data |
| 3 | 3 Latvia | 0.43 | 2023 | 0% | +5.44% | View data |
| 4 | 4 Mexico | 0.2 | 2023 | +5.26% | 0% | View data |
| 5 | 5 Slovakia | 0.1 | 2023 | +11.11% | +7.39% | View data |
| 6 | 6 Slovenia | 0.077 | 2023 | +3.12% | +1.9% | View data |
| 7 | 7 Niger | 0.06 | 2023 | 0% | +24.57% | View data |
| 8 | 8 Spain | 0.03 | 2023 | View data | ||
| 9 | 9 Burkina Faso | 0.03 | 2023 | 0% | -15.59% | View data |
| 10 | 10 Poland | 0.03 | 2023 | 0% | -5.59% | View data |
