The forecast for climate change-related energy tax revenue in Brazil shows a steady decline from 2024 to 2028. In 2023, the revenue stood at approximately $747.33 Million USD, indicating a significant drop-off in the projected figures in subsequent years. The year-on-year variations reveal an average annual decrease of around 10.8%. The five-year period from 2023 through 2028 is marked by a cumulative annual growth rate (CAGR) of roughly -11.5%, suggesting a clear downward trajectory in energy tax revenues related to climate change.

Future trends to watch for include:

The potential for policy shifts that could either mitigate the decline or stabilize revenue through alternative tax incentives or legislative changes.
The impact of global energy price fluctuations on tax revenue generation in Brazil.
Technological advancements in renewable energy sources and their adoption rate, which could alter the tax landscape significantly.