The analysis of European environmentally related tax revenue from taxes on pollution in insurance, reinsurance, and pension funding reveals varied trends across countries in 2023. The Netherlands leads with a revenue of $67.26 million, despite a slight decline of 1.19% from the previous year. France experienced substantial growth at 31.75%, reaching $31.18 million. Poland saw a decline of 5.87%, while Ireland grew by 22.78%. Other countries, such as Belgium and Switzerland, faced declines of 11.7% and 6.91%, respectively. Meanwhile, Sweden and Serbia registered minor increases of 4.3% and 2.38%, respectively.
Future trends to watch include the growing emphasis on sustainable finance, prompting potential increases in tax revenues as countries aim to deter pollution through fiscal policies. Expect policy changes and advancements in environmental regulations to influence these trends significantly.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 67.26 | 2023 | +1.99% | -1.19% | View data |
| 2 | 2 France | 31.18 | 2023 | +21.71% | +31.75% | View data |
| 3 | 3 Poland | 18.19 | 2023 | -7.7% | -5.87% | View data |
| 4 | 4 Ireland | 0.54 | 2023 | +25.1% | +22.78% | View data |
| 5 | 5 Serbia | 0.5 | 2023 | +3.37% | +2.38% | View data |
| 6 | 6 Belgium | 0.42 | 2023 | -15.3% | -11.7% | View data |
| 7 | 7 Portugal | 0.11 | 2023 | +1.04% | +1.72% | View data |
| 8 | 8 Lithuania | 0.06 | 2023 | -0.74% | -1.49% | View data |
| 9 | 9 Sweden | 0.047 | 2023 | +6.46% | +4.3% | View data |
| 10 | 10 Switzerland | 0.039 | 2023 | -8.19% | -6.91% | View data |
