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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1992 8037564.6719838
1993 8413214.1002769
1994 8786211.4860258
1995 10700998.857625
1996 11142111.649319
1997 11589270.330146
1998 11983404.91084
1999 12425705.255195
2000 12993127.880595
2001 13584788.641048
2002 14106933.352472
2003 14709018.015835
2004 15443705.110042
2005 16286372.363639
2006 19619031.065128
2007 16939570.114587
2008 18786417.775688
2009 19332233.889236
2010 19854894.251911
2011 20567007.317656
2012 21987430.576881
2013 25072746.904821
2014 23413666.925767
2015 25780880.927572
2016 26827654.804371
2017 31546007.056718
2018 34078252.139795
2019 35470108.125833
2020 33741823.394895
2021 37909209.840294
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