Faroe Islands | Adjusted savings: carbon dioxide damage (% of GNI)

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 (% of GNI)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998 1.05210031
1999 1.0615779
2000 1.17258312
2001 1.14071874
2002 1.07267042
2003 0.94478991
2004 0.86250088
2005 0.89455712
2006 0.9409287
2007 0.70352578
2008 0.74985936
2009 0.86144041
2010 0.84058558
2011 0.77877132
2012 0.86109644
2013 0.88377916
2014 0.77556839
2015 0.97523383
2016 0.9200314
2017 1.02415212
2018 1.03909592
2019 1.05273989
2020 1.00953723
2021 1.01318237
2022

Faroe Islands | Adjusted savings: carbon dioxide damage (% of GNI)

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