Climate Change Indicators Dashboard

Latest Updates A new toolkit for assessing the policy trade-offs when investing in climate-resilient infrastructure An orderly transition to a lower-carbon economy will be the least costly policy stance in every region Preservation of forests in developing economies critical to stay within carbon budget Featured Indicators The scope and capacity of the Climate Change Indicators Dashboard is highlighted below. Here you’ll find example indicators from each of the four economic categories, with data driven visualizations showing how global economic activity is affecting the climate and what governments are doing to mitigate these impacts. Global GHG Emissions Increased by 1.8 Percent in 2022, Despite a 0.4 Percent Decrease in The Fourth Quarter of That Year Millions of metric tons of CO2 equivalent - Seasonally adjusted Despite a 0.4 percent decrease in global greenhouse gas emissions during the fourth quarter of 2022, the overall trend for the year showed an increase of 1.8 percent. Among the region, Europe made the largest quarterly contribution with a decrease of 1.9 percent. Asia experienced the highest annual emissions increase at 2.8 percent. According to the latest UNFCCC reports the best estimate of temperature change is 2.5-2.9°C and there is an agreement that net zero CO2 emissions are the prerequisite for halting warming at any level. It will be necessary to closely monitor the emissions to ascertain whether or not the countries can build further on the clean energy momentum towards significant overachievement of the latest NDCs, helping to attain emission levels suggested for keeping warming likely below 2°C. Advanced Economies maintain Comparative Advantage in Exports of Low Carbon Technology Products Values for 2021 This map shows that advanced economies maintained their comparative advantage in exporting Low Carbon Technology (LCT) products in 2021. Low-carbon technology products are products that feature technology adapted to a low-carbon economy, specifically technology that reduces greenhouse gas emissions. These include wind turbines, solar panels, and carbon capture equipment.A value greater than one (>1) indicates a relative advantage in exports of low carbon technology products, while a value of less than or equal to one (≤1) indicates a relative disadvantage. This map shows that advanced economies maintained their comparative advantage in exporting Low Carbon Technology (LCT) products in 2021. Low-carbon technology products are products that feature technology adapted to a low-carbon economy, specifically technology that reduces greenhouse gas emissions. These include wind turbines, solar panels, and carbon capture equipment. A value greater than one (>1) indicates a relative advantage in exports of low carbon technology products, while a value of less than or equal to one (≤1) indicates a relative disadvantage. Carbon Footprint of Bank Loans Varies Significantly Across Countries Tons CO2 /Million $US Transition towards a low carbon economy brings along risks to the financial industry. Banks provide loans in response to the funding needs of various sectors. The Carbon Footprint of Bank Loans (CFBL) captures the exposure of banks to transition risk in a cross-country comparable way. The CFBL is a country-level indicator, constructed as the average of CO2 emission intensities/multipliers from the fuels burned in each sector, weighted by the sectoral share of outstanding domestic loans from banks. This graph depicts the carbon footprint of bank loans around the world. The higher the ratio, the greater the carbon intensity of banks’ domestic loans portfolio. Environmental Taxes as a Share of GDP Averaged 1.7% in 2020 Environmental taxes as a share of GDP averaged 1.7% of GDP across reporting countries in 2020, in part due to the decline in revenues from gasoline taxes because of lockdowns in response to Covid 19. This is slightly down from the high reached in 2005, when environmental taxes as a share of GDP sat at 1.8%. Environmental taxes are divided into four types: (1) Taxes on energy, including fuel for transport; (2) taxes on transport, excluding fuel for transport; (3) taxes on pollution; and (4) taxes on resources.An environmental tax is a charge levied on a physical unit of an item that has a proven negative impact on the environment. A gallon of petrol, a passenger flight or a ton of waste bound for landfill are examples of such physical units. Environmental Taxes show how governments around the world are responding to climate change through taxation. Percent of GDP Environmental taxes as a share of GDP averaged 1.7% of GDP across reporting countries in 2020, in part due to the decline in revenues from gasoline taxes because of lockdowns in response to Covid 19. This is slightly down from the high reached in 2005, when environmental taxes as a share of GDP sat at 1.8%. Environmental taxes are divided into four types: (1) Taxes on energy, including fuel for transport; (2) taxes on transport, excluding fuel for transport; (3) taxes on pollution; and (4) taxes on resources. An environmental tax is a charge levied on a physical unit of an item that has a proven negative impact on the environment. A gallon of petrol, a passenger flight or a ton of waste bound for landfill are examples of such physical units. Environmental Taxes show how governments around the world are responding to climate change through taxation. In collaboration with other international organizations, the IMF has identified and developed a range of distinctive indicators that demonstrate the impact economic activity is having on climate change. These indicators have been grouped into five categories: Economic Activity, Cross-Border, Financial and Risks, Government Policy, and Climate Change Data. We're looking for your feedback.

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