The analysis of global climate change-related tax revenue reveals a varied landscape. Noteworthy increases are seen in Namibia and Barbados, highlighting their commitment to climate policies. Conversely, the Democratic Republic of the Congo and Trinidad and Tobago experienced significant declines, underscoring possible policy shifts or economic challenges. Overall, most countries show moderate fluctuations, but negative growth is prevalent in major economies like France and the United States.
Future trends to anticipate include:
- Expanding revenues in countries with growing green initiatives.
- Potential stabilization in countries where decreases were observed.
- Increased focus on green recovery efforts post-pandemic, which may influence tax policies worldwide.
Top countries in Climate Change-Related Total Tax Revenue by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Solomon Islands | 5.71 | 2023 | +7.53% | -1.47% | View data |
| 2 | 2 Slovenia | 3.52 | 2023 | +2.92% | +0.82% | View data |
| 3 | 3 Guyana | 3.13 | 2023 | +11.79% | +1.47% | View data |
| 4 | 4 Seychelles | 3.07 | 2023 | -0.65% | -0.51% | View data |
| 5 | 5 Estonia | 2.76 | 2023 | +6.56% | +2.58% | View data |
| 6 | 6 Latvia | 2.6 | 2023 | 0% | -0.15% | View data |
| 7 | 7 Israel | 2.41 | 2023 | +0.42% | +1.93% | View data |
| 8 | 8 Portugal | 2.36 | 2023 | 0% | -1.61% | View data |
| 9 | 9 Honduras | 2.3 | 2023 | +2.22% | +0.26% | View data |
| 10 | 10 Finland | 2.29 | 2023 | 0% | -1.74% | View data |
