The forecasted climate change-related total tax revenue in Brazil is projected to increase steadily from 2024 through 2028, starting at 14.84 billion USD in 2024 and reaching 17.61 billion USD in 2028. The year-on-year growth shows a consistent upward trend, with an approximate CAGR of 4.02% over the forecasted period. This reflects a growing awareness and policy shift towards climate change mitigation through taxation.
Future trends to watch include potential shifts in environmental policies that might influence tax structures, the impact of technological advancements on emissions, and how Brazil's economic factors and international commitments may shape its climate-related fiscal strategies.
