The forecasted climate change-related transport tax revenue in Brazil shows a steady upward trend from 2024 to 2028, beginning at $19.16 billion in 2024 and reaching $20.91 billion by 2028. Compared to the 2023 actuals, where figures stood slightly lower at $18.75 billion, these projections depict a moderate year-on-year increase ranging between 2.3% and 2.1% through the years, offering a compounded annual growth rate (CAGR) of approximately 1.9% over the five-year forecast.
Future trends to watch for:
- Increased government emphasis on climate policies impacting tax structures.
- Technological advancements promoting alternative transport solutions could influence tax revenues.
- Potential economic fluctuations affecting transport sectors and related tax brackets.
