Faroe Islands | Adjusted savings: carbon dioxide damage (current US$)
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. Statistical concept and methodology: Pollution damage from emissions of carbon dioxide is calculated as the marginal social cost per unit multiplied by the increase in the stock of carbon dioxide. The unit damage figure represents the present value of global damage to economic assets and to human welfare over the time the unit of pollution remains in the atmosphere.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source
Faroe Islands | Adjusted savings: carbon dioxide damage (current US$)
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8037564.6719838 1992
8413214.1002769 1993
8786211.4860258 1994
10700998.857625 1995
11142111.649319 1996
11589270.330146 1997
11983404.91084 1998
12425705.255195 1999
12993127.880595 2000
13584788.641048 2001
14106933.352472 2002
14709018.015835 2003
15443705.110042 2004
16286372.363639 2005
19619031.065128 2006
16939570.114587 2007
18786417.775688 2008
19332233.889236 2009
19854894.251911 2010
20567007.317656 2011
21987430.576881 2012
25072746.904821 2013
23413666.925767 2014
25780880.927572 2015
26827654.804371 2016
31546007.056718 2017
34078252.139795 2018
35470108.125833 2019
33741823.394895 2020
37909209.840294 2021
2022
Faroe Islands | Adjusted savings: carbon dioxide damage (current US$)
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. Statistical concept and methodology: Pollution damage from emissions of carbon dioxide is calculated as the marginal social cost per unit multiplied by the increase in the stock of carbon dioxide. The unit damage figure represents the present value of global damage to economic assets and to human welfare over the time the unit of pollution remains in the atmosphere.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source